Hemp bans in California towns are common as the crop struggles to gather broad support in a state where nearly half of its counties outlaws hemp production. But in Oregon, where hemp has become a widely accepted stable, one city is considering banning production within its limits. The Medford City Council this week reviewed possible […]
(This is an abridged version of a column that appears in the March issue of Marijuana Business Magazine.) Cannabis is often touted as a self-sustaining crop that doesn’t need pest protection. Yet in 2019, outdoor hemp farmers saw heavy disease and pest pressure. As planting season approaches for outdoor hemp and marijuana, cultivators need viable solutions […]
Saying the hemp industry needs better research into cannabinoid safety and efficacy, Colorado CBD maker Charlotte’s Web has launched a new research division and tapped a former health diagnostics executive to lead it. Tim Orr is leading a new division called Charlotte’s Web Labs, a team of about a dozen that will expand the company’s research efforts […]
Oregon’s HempNova Lifetech Corp., which grows and dries hemp, has bought a 90% interest in a hemp-growing operation in the southern part of the state. The Eugene-based company announced last week it will pay $4.5 million in three cash installments for the percentage stake it bought from Creekside Hemp Inc. The deal includes various assets from […]
Welcome to the latest edition of NORML’s Weekly Legislative Roundup!
Anoher Kentucky hemp producer is seeking bankruptcy protection. Atalo Holdings cited “confounding guidance” from regulators and “unforeseen market forces” in announcing the Chapter 7 filing late Friday. Atalo chairman Andrew Graves said in a statement that the company hopes to continuer operating while bankruptcy proceeeds. Graves called his company “an attractive opportunity for a timely new […]
California-based KushCo Holdings, a cannabis company specializing in ancillary products such as packaging, is ratcheting back its hemp revenue predictions. The company told investors Friday that it’s retracting its 2020 hemp revenue guidance of $25 million. The announcement came as the firm announced it will miss this quarter’s revenue estimates. The company cited a “slower-than-anticipated rollout […]
Senate lawmakers voted by a margin of two-to-one yesterday to advance legislation that seeks to provide patients with access to select medical cannabis products.
Georgia has federal approval to oversee hemp production in 2020 and is planning to start taking applications later this month. But the state has yet to settle how it plans to pay for its hemp program. Georgia’s hemp plan cleared the U.S. Department of Agriculture last week, an approval states need in order to have […]
Three men who run a CBD shop in southwestern Germany are under investigation for violating the country’s controlled substances law. The men, all 28, are accused of illicitly producing narcotics and selling the products online and in their retail store in the city of Tübingen, state prosecutors and police said in a joint statement. Authorities suspected that […]
