Where is the CBD sector headed? Get new market insights from retail insiders

There’s no question that CBD has driven much of the hemp industry’s growth in recent years. Despite ongoing legal uncertainty, falling wholesale prices and nagging questions over the cannabinoid’s effects, the CBD market continues to expand. That’s why Hemp Industry Daily is asking two CBD sector experts to share the very latest on where the […]

What they’re saying: 7 takeaways from the contentious DEA rule on hemp extracts

The hemp industry is voicing concern about a U.S. Drug Enforcement Agency rule that opponents argue would make extracts a Schedule 1 controlled substance during a period of the extraction process when the plant’s THC levels rise above what’s allowed. The DEA published the rule in August to align its regulations with hemp legalization under […]

Another 6 states, 3 Indian tribes get hemp cultivation plan OK from USDA

Six more states and three Indian tribes have gotten their hemp cultivation plans by the U.S. Department of Agriculture. The states that received approval are Illinois, Indiana, Michigan, New Mexico, Oklahoma, and South Dakota. The total number of approved plans stands now at 69, according to Marijuana Moment. The Comanche Nation, the San Carlos Apache […]

Text-message ads from hemp, marijuana companies spur spam-related lawsuits

(A version of this story first appeared at Marijuana Business Daily.) A legal and financial liability has emerged over the past two years threatening the coffers of hemp and marijuana businesses: class action lawsuits filed by recipients of unwanted text-message advertisements who allege they’re getting spammed with deals and sales. To date, at least a […]

Embattled CBD exec says PPP loan was returned, jet bought with personal money

The CEO of a failed CBD company accused by investors of misspending funds and getting a bogus coronavirus-relief loan says the loan has been returned and that credit-card expenses challenged by disgruntled investors were for legitimate business purposes. Patrick Horsman, whose company Integrated CBD launched in Arizona but failed earlier this year, told Hemp Industry […]

Report: NFL players’ union warns members not to endorse CBD products

The NFL Players Association has updated its policy to discourage athletes from endorsing products that contain CBD or other cannabinoids. The NFLPA wrote in an email sent last Thursday that its Commercial Substances Policies and Endorsements section has been updated to read: “NFL players, coaches, and other employees must not endorse or appear in advertisements […]

Time running out to weigh in on DEA rule about hemp extracts

Time is running out for public comment on a proposed U.S. Drug Enforcement Administration rule that hemp industry supporters say wrongly criminalizes extracts from the plant. The comment period for the rule over the federal agency published August ends Tuesday. At issue is whether the DEA is simply updating its policies to comply with the 2018 Farm Bill, […]

1 127 128 129 130 131 314
Right Menu Icon