A man in Florida wants a class-action brought against a Missouri-based CBD manufacturer after he says that third-party lab tests he ordered on the company’s products revealed lead and other contaminants. Michael Davis’s complaint, filed Monday at a Florida district court, accuses Missouri-based CBD American Shaman LLC of falsely advertising its CBD products as being […]
Photo courtesy Asheville Hemp Project (Editor’s note: This story is part of an occasional series of commentaries from professionals connected to the cannabis industry and first appeared on Marijuana Business Daily. Amy Steinfeld helps lead Brownstein Hyatt Farber Schreck’s marijuana and industrial hemp industry group. Jack Ucciferri is a law clerk for the firm.) Beware […]
Farmers and agribusinesses can now apply for new coronavirus economic stimulus emergency loans and a though the Small Business Administration, which reopened its portal with new funds Monday after being closed since April 15. The agency said Monday that only agricultural business applications will accepted for Economic Injury Disaster Loans and forgivable EIDL loan advances […]
A new hemp company, Collective Growth Corp., virtually rang the bell on the Nasdaq Friday, beginning public trading already fully funded by investors. Headquartered in Austin, Texas, Collective Growth is a blank-check company that intends to focus on the “federally permissive cannabinoid industry,” said Joseph Brantuk, the chief client officer for Nasdaq. The newly organized […]
An Oregon hemp business is suing two counties on allegations that police seized legal hemp from its warehouse and then destroyed it. Oregonized Hemp Co. LLC, a hemp farm and farm service contracting business based in Grants Pass, and owner Justin Pitts filed a $2.5 million lawsuit against Josephine and Jackson counties in U.S. District […]
Lower-than-promised germination rates in a batch of hempseed from Colorado has spurred the California farm that bought the seed to file a $17 million lawsuit. GX Farms of Delano, California, said in the suit it bought 520,000 Cherry Blossom hempseeds in May 2019 at 70 cents each, or $364,000, from H.E.M.P. Group of Aurora, Colorado. According […]
Hemp cleaning wipes and hemp toilet paper? Paper manufacturer Georgia-Pacific and a Canadian company that makes natural nonwoven fibers formed a partnership in February – born from a mutual interest in hemp – that could add those items to store shelves. Looking for alternatives to single-use nonwoven products, the companies saw they could team up […]
As the coronavirus pandemic continues to disrupt businesses worldwide, Hemp Industry Daily wants to know how stay-at-home orders have impacted farms and businesses in the hemp and CBD space. According to an informal poll by the editorial staff of Hemp Industry Daily, approximately 54% of the hemp and CBD companies that applied for a Small […]
Canadian CBD company NewLeaf Brands Inc. has bought a Colorado-based businesses that cultivates different strains of mushrooms for medical purposes. Vancouver, British Columbia-based NewLeaf Brands Inc. said in a news release Thursday that it had acquired Mydecine Group in an all-stock deal. The agreement calls for NewLeaf Brands to purchase 100% of the issued and […]
A coalition of hemp farmers plans to screen seed-propagated hemp varieties to determine which ones may be able to produce mother stock for clones that will consistently meet federal THC limits. The project aims to get more cultivars listed with the global Association of Official Seed Certifying Agencies (AOSCA). The project grew out of a […]
