Herbal products association launches resource to standardize hemp terminology

The American Herbal Products Association, a national trade association within the herbal products industry, has published a new resource to support standardized terminology within the nascent hemp industry and the cultivation, processing, manufacturing and labeling of hemp and its derived products. The group says its Hemp Lexicon is a reference tool for the hemp industry, […]

Intellectual property takes on growing role in cannabis deals

This story first appeared at Marijuana Business Daily. Intellectual property is playing an increasingly important role in cannabis industry acquisitions and other deals as businesses look to get a leg up on rivals by purchasing or investing in companies holding valuable patents, trade secrets, copyrights and trademarks. This comes as hemp and marijuana companies seek […]

Major SaaS Company KLĒR Announces Game-changing Feature Set for Product Tracking & Compliance

FOR IMMEDIATE RELEASE: [04/02/2021] Krissy LokenKLĒR888 520 0827[email protected] PHOENIX, Ariz. (March 25, 2021) – KLĒR, a leader in cannabis operations management software, has unveiled KLĒR Track, a new feature set as part of its seed-to-sale software platform purpose-built for the hemp and CBD markets. The announcement comes at a time when processors are demanding more […]

Weekly Legislative Roundup 4/2/21

Welcome to the latest edition of NORML’s Weekly Legislative Roundup! This was a HUGE week for marijuana. New York became the 16th state to legalize marijuana for all adults. Virginia and New Mexico are likely to join this growing list shortly, as Govs. Northam and Lujan Grisham are both expected to sign legalization measures into […]

Closely watched Colorado CBD patent lawsuit dropped

This story first appeared at Marijuana Business Daily. Colorado-based United Cannabis (UCANN) dropped a landmark CBD-related patent lawsuit against Pure Hemp Collective, leaving the legal issue unresolved. The end of the lawsuit, first reported by Law360, follows an unsuccessful attempt by UCANN to reorganize its finances under federal bankruptcy laws. The filing in US District […]

What’s the deal with Weed withdrawal?

Us in the cannabis industry tend to take a laissez-faire approach to the liberation of this plant, but sometimes it’s necessary to get down in the dirt and really see if there are any side effects of frequent use that we should keep in mind. So the question then is raised about withdrawal, and there’s […]

Hemp investor agrees to plead guilty to federal charges in investment scheme

An Indianapolis businessman plans to plead guilty to running a fraudulent investment scheme and improperly using $4 million to bankroll hemp companies. Federal prosecutors said Wednesday that George S. Blankenbaker Jr., 54, had agreed to plead guilty to two counts of federal wire fraud and one count of money laundering, the Indianapolis Business Journal reported. […]

Exclusive: Hemp foods are a natural fit in the wellness space, says Manitoba Harvest founder Mike Fata

(This story has been updated to correct production volume and sales figures.) The wellness trend has taken hold among consumers, creating ample opportunities for hemp entrepreneurs. But what does this trend mean for foods made from hemp grain, and how can business leaders capitalize on consumers’ increasing interest in their health and wellness? Hemp Industry […]

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