Hemp for animal feed: Economic potential waits out legal maneuvering

Given hemp’s new legal status, many farmers and livestock producers want to explore cannabis for animal feed and the research that suggests its nutritional and developmental benefits. But they’re facing market and legal uncertainties that are familiar to those making hemp products for people. A 2017 Colorado study cited “a lack of domestic economic data” […]

Louisiana: Medical Cannabis Access to Begin Next Week

Qualified patients are anticipated to finally begin accessing medical cannabis products next week. “We are very excited to announce today that LSU’s … final medical marijuana product has passed all testing for immediate release to the medical marijuana pharmacies,” said Mike Strain, Commissioner of the state Department of Agriculture and Forestry “We wish to thank all persons involved who have worked tirelessly from inception though production and testing to make this a reality.”

Hemp commodity exchanges scramble to offer vetted trading platforms

It’s August, and though national hemp production rules have yet to be released, the industry continues to develop new business options to fill the void for trade within the space. One new offering says it can give the entire hemp supply chain a way to verify advertised industrial  products. PanXchange’s trading platform, which launched Thursday, said […]

Canopy breaks ground on NY hemp industrial park

One of the largest cannabis companies in the world made a significant move into the U.S. hemp industry Monday by breaking ground on a new industrial park for hemp processing in New York. Canadian cannabis pioneer Canopy Growth Corp., based in Smith Falls, Ontario, unveiled plans for its new $150 million Hemp Industrial Park in […]

SOL Global increases ownership stake in HeavenlyRx

Cannabis investment company SOL Global Investments purchased additional common shares to raise its ownership in its CBD-focused wellness subsidiary HeavenlyRx to 44.53%. As part of a larger private offering, the Toronto-based international investment company announced Monday it spent an additional $18.1 million (23.9 million Canadian dollars) on HeavenlyRx. The announcement comes just weeks after Sol […]

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