Entrepreneurs in the young hemp industry are often still working to develop consistent processes for handling the production flow of their goods and services, from their raw components to the end product. Developing a stable framework helps companies efficiently control product quality, inventory levels, timing and expenses to quickly deliver high-quality, consistent products to the […]
A wholesaler of hemp-derived ingredients has acquired a Colorado-based processing and extraction company. Kadenwood’s EcoGen Biosciences of Grand Junction, Colorado, is adding a 50,000-square-foot production campus in Delta, Colorado and 165 acres of farmland as part of the deal. Terms were not disclosed. EcoGen said in an announcement this week that “the newly added facility […]
China’s biotech and pharma giant Tasly Holding Group has announced a 500 million yuan ($75.6 million) investment into biotech company Puyuan Miaosheng Group’s industrial hemp subsidiary. The investment will be used to develop Yunnan Maye Biotech’s operations in hemp farming, foods and beverages, pet food, new tobacco products and vaporizers, and biopharmaceutical products in five […]
Light and day length are more important to hemp production than farmers might realize, but cannabis producers have little guidance from traditional horticultural research to maximize production. A new tool aims to help growers understand how they can make a horticultural concept called photoperiodism pay off in crop consistency and yield. Released just last month, […]
Viobin, a CBD maker that converted a former wheat germ plant into a CBD facility last year is expanding into hemp drying and milling, thanks in part to a tax abatement from its northern Indiana city. Indiana CBD processing plant expanding into hemp drying, milling thanks to local tax credit is a post from: Marijuana […]
Charlotte’s Web Holdings Inc. lost $6.6 million last quarter as expenses outstripped rising revenue and the pandemic continued to cool sales. The CBD giant based in Boulder, Colorado, reported revenue of $25.2 million for the quarter that ended Sept. 30, up 0.4% from the same period a year ago. The company said in its third-quarter […]
Editor’s note: Get up-to-date insights on growing conditions in all states at the Hemp Industry Daily Forum at MJBizCon. See the packed agenda of hemp discussions and insights here. Florida’s inaugural year of hemp cultivation has been a challenging one, with the state’s tropical climate proving that seed varieties that work elsewhere just don’t function […]
Missouri CBD retailer MNG 2005 is cheering a judge’s order keeping its legal fight alive against credit-card giant Visa as it wages a battle to access payment-processing services. U.S. District Judge John Ross ruled this week that MNG can pursue defamation claims against Visa for allegedly saying that the CBD company was “engaged in illegal […]
The National Industrial Hemp Council has set its sights on Asian and European hemp markets after it says it was allocated $200,000 from the U.S. Department of Agriculture to promote U.S. hemp products abroad. Kevin Latner, the NIHC’s senior vice president for trade, told Hemp Industry Daily that the group received word it was selected […]
Aldi UK, the British arm of the German supermarket chain, has launched a house line of hempseed oil skincare products, joining the ranks of grocers carrying hemp and incorporating it in store-brand products. The retailer’s Lacura line of products, which includes a body butter, hand cream and “CBD Facial Serum,” were made available on shelves […]
