The story behind a hemp extract firm’s distributor deals with major grocery, pharmacy chains

(In this abridged version of a case study that appears in the November-December issue of Marijuana Business Magazine, we look at one example from the growing trend of hemp businesses partnering with mainstream companies. Coming Friday: Case study of the Plus Products partnership with Casper Sleep.) When President Donald Trump signed the 2018 Farm Bill into […]

Christmas tree shortage possible as farmers switch to hemp

Farmers moving to hemp production could cause shortages of other crops, including Christmas trees. Consumers should make their yearly pilgrimage to pick out the perfect tree for the holidays sooner than later, according to experts, because some tree farmers have pivoted away from the crop to concentrate on faster-growing, more profitable crops such as hemp. […]

Wisconsin governor signs hemp expansion into law

Wisconsin has become the first state to adopt hemp expansion after seeing how federal agriculture regulators want to manage the new crop. Wisconsin Gov. Tony Evers signed a bill into law directing the state’s agriculture department to mirror production guidelines released in October by the U.S. Department of Agriculture. The new Wisconsin hemp law: Charges farmers […]

Losses increase for Green Growth Brands amid retail expansion

Green Growth Brands, an Ohio-based cannabis retailer that owns both marijuana dispensaries and the nation’s largest chain of CBD retail locations in mall kiosks, reported a loss of $30.2 million for the fiscal first quarter ended Sept. 30. The company lost $2.8 million in the same period a year ago. Company executives attributed the current losses […]

Federal CBD delays hurting profits and shelf space for manufacturers, companies say

CBD manufacturers have seen wide adoption of their products into mainstream retail chains in recent months, so why aren’t they turning profits as rapidly as expected? The federal government is the culprit, according to some. CV Sciences and Charlotte’s Web are among the cannabis companies that pointed to delayed federal CBD regulations as they reported […]

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