Canadian cannabis giant Canopy Growth and a Nevada-based hemp producer are suing each other in rival federal cases over a bad crop and allegations of missed payments and misspent advances. The cases center on Go Farm Hemp, a Henderson, Nevada-headquartered company that entered contracts to grow hemp in 2019 for Canopy Growth in Colorado, Kentucky, […]
A Canadian wellness company has entered into an equity partnership with an American consumer-media company to promote its hemp-derived CBD products in the United States. Neptune Wellness Solutions, based in Laval, Quebec, developed the deal with New York City-based American Media, a privately held publisher of consumer magazines such as Men’s Journal and Us Weekly. The media […]
A Kentucky hemp producer and manufacturer says a new manufacturing facility is on track despite financing snags that have held up construction. Winchester-based GenCanna Global is building a new processing facility in Mayfield, a town of about 10,000 people in Western Kentucky. Building contractors have reportedly filed 19 liens on the property, saying GenCanna owed them more […]
Cann-Is Capital Corp., a Canadian company that helps cannabis companies raise capital, has bought all outstanding equity of CWE European Holdings, a privately held Canadian holding company that sells CBD in German-speaking countries in Europe. Cann-Is Capital did not disclose a purchase amount. CWE owns and operates six stores in Germany through DCI GmbH, a […]
First-time hemp farmers who hurried to cash in after the crop became federally legal may be the biggest losers of this crop year, experts say. Congress legalized hemp to bring a new crop to farmers hurting from depressed markets, low prices and crop tariffs. But with hemp acreage up more than 300% this year, according […]
Editor’s note: A version of this story appeared earlier on Marijuana Business Daily. Both hemp and marijuana businesses are taking careful note as professional cannabis courses and programs spring up at universities and other educational institutions across the country. Examples include Northern Michigan University, Doane University in Nebraska, the University of Denver and University of […]
Village Farms is counting on its 30-plus years of experience in megascale, low-cost product growing to give it a leg up as it shifts focus to the Canadian cannabis and U.S. hemp markets. In an Executive Webcast on Oct. 8 at 2 p.m. ET, CEO Michael DeGiglio will join Investor Intelligence analyst Craig Behnke to discuss: The […]
A federal consumer protection agency has identified four CBD manufacturers it flagged for unfair and deceptive advertising. The U.S. Federal Trade Commission (FTC) announced warning letters were sent last month to four companies selling hemp-derived CBD products. At the time, the agency did not name the companies. A public records request posted this week made those warnings public. […]
Researchers from Virginia Tech have been tapped to predict the trajectory of wind-dispersed hemp pollen, a major concern for outdoor growers of marijuana and flower varieties of hemp. The U.S. Department of Agriculture has devoted $500,000 to look at the path of hemp and switchgrass pollens. The goal is to predict how and where pollen […]
(Editor’s Note: This is part of an occasional series of regional reports looking at the 2019 hemp production season leading up to harvest. To read an earlier harvest preview on the Midwest region, click here.) A soggy spring and humid summer have challenged hemp producers in the mid-Atlantic states, where cultivars bred for drier climates […]
