Denver CBD maker opens Texas distribution center

A Denver CBD maker has opened a new fulfillment center in Dallas. CBD 100% Relief, which makes white-label CBD products and sells its own brand of CBD tinctures, creams and roll-ons online, announced Wednesday that it chose the Dallas-area for a new fulfillment center. The fulfillment center employs 12 people. Company CEO Daniel Sandoval said […]

USDA, hemp food producers assure public on coronavirus transmission fears

Companies making hemp-derived foodstuffs are joining federal authorities to remind folks that hemp foods are being inspected as usual and are safe to eat through the coronavirus pandemic. The U.S. Department of Agriculture sent an alert this week that no staffing changes are planned at the agency’s Food Safety and Inspection Service, or its Animal and […]

USDA secretary calls hemp rules a ‘draft,’ sparking industry optimism

Hemp farmers and industry members cheered when federal agriculture officials lifted enforcement action requiring that hemp be tested in U.S. Drug Enforcement Administration-registered labs and the disposal portion of the interim final rule in late February. Now they may have reason to cheer again, according to industry insiders. That’s because Agriculture Secretary Sonny Perdue told […]

Uncertain future for CBD, continued competition drive down CV Sciences’ 4th quarter sales

CV Sciences, a San Diego-based CBD manufacturer that makes topical treatments sold nationwide, saw sales drop by 34% in the most recent fiscal quarter as the company blamed an overheated market for missing analyst expectations. “The category is simply over-branded,” CEO Joseph Dowling told investors Monday about the quarter that ended Dec. 31. During the […]

New York CBD startup delays Canadian IPO on coronavirus issues

New York-based CanaFarma Hemp Products will start trading on the Canadian Securities Exchange (CSE) on Thursday. The listing, previously scheduled for Tuesday, was delayed at the company’s request “to account for world events relating to the coronavirus pandemic, which are expected to have caused extra delay in shareholders receiving their new shares,” a statement read. CanaFarma, known […]

‘We don’t have any issues with destroying hot crops’: Q&A with the president of the Canadian Hemp Trade Alliance

Talking about hemp comes easy to Keith Jones, the new president of the Canadian Hemp Trade Alliance. He’s been growing industrial hemp at his farm in southern Alberta for more than 20 years. But Jones still talks about it like great discoveries and opportunities await. Hemp Industry Daily recently caught up with Jones to talk about the […]

Texas opens applications for 2020 hemp production

Texas has opened applications to grow and process hemp in the nation’s second-largest state. But state agriculture agronomists are warning that Texans shouldn’t look to wetter states like Kentucky and Oregon to predict production. The applications opened Monday and come with $100 application fees $100 licensing fees $300 sampling and testing fees A recent report […]

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