A New York CBD maker wants $1.7 million from a North Carolina builder it hired to deliver prefabricated buildings for hemp extraction and processing. Hemp Productions Inc. of Poughkeepsie filed suit for damaged buildings it says it got from MCC Development Inc. of Asheville, North Carolina, and a fabricator, Ideal Environmental of Los Banos, California. […]
A Colorado extraction company has hired a new director of sales. Greeley-based Vantage Hemp Co. said in a news release Tuesday Christian Santi’s responsibility will be to expand the company’s sales in the U.S., Europe and South America. “The addition of Christian to our team reinforces our promise for data-driven, consistent and premium CBD extracts […]
The hemp and CBD industry will be watching closely this week to find out whether federal regulators seem inclined to require warning labels for pregnant or nursing women on CBD products, or to mandate gender-specific dosing levels. That’s because the U.S. Food and Drug Administration’s Office of Women’s Health will be leading discussions about “CBD […]
A version of this story first appeared on Marijuana Business Daily. Consumer demand has been pushing the THC potency of herbal marijuana upward for decades — but that increased potency does not extend to CBD levels, a new study has found. The systematic review and meta-analysis of studies between 1970–2017 found levels of THC increased […]
Creditors of bankrupt Kentucky hemp producer GenCanna, now called OGGUSA Inc., have a settled a plan to get $1.1 million cash plus a 15% cut of future collections from lawsuits. The deal, first reported by Law360, settles claims by OGGUSA’s creditors. They’ll be in line to receive a cut of anything OGGUSA gets in its […]
Get in-depth analysis on Latin America hemp and marijuana markets from MJBizCon’s Passholder Days. It’s all available to you on demand. Mexican lawmakers have advanced a measure to legalize industrial hemp and recreational marijuana, setting a 1% THC limit for hemp and allowing adults to possess up to 28 grams of marijuana. A group of […]
Entrepreneurs in the young hemp industry are often still working to develop consistent processes for handling the production flow of their goods and services, from their raw components to the end product. Developing a stable framework helps companies efficiently control product quality, inventory levels, timing and expenses to quickly deliver high-quality, consistent products to the […]
A wholesaler of hemp-derived ingredients has acquired a Colorado-based processing and extraction company. Kadenwood’s EcoGen Biosciences of Grand Junction, Colorado, is adding a 50,000-square-foot production campus in Delta, Colorado and 165 acres of farmland as part of the deal. Terms were not disclosed. EcoGen said in an announcement this week that “the newly added facility […]
China’s biotech and pharma giant Tasly Holding Group has announced a 500 million yuan ($75.6 million) investment into biotech company Puyuan Miaosheng Group’s industrial hemp subsidiary. The investment will be used to develop Yunnan Maye Biotech’s operations in hemp farming, foods and beverages, pet food, new tobacco products and vaporizers, and biopharmaceutical products in five […]
Light and day length are more important to hemp production than farmers might realize, but cannabis producers have little guidance from traditional horticultural research to maximize production. A new tool aims to help growers understand how they can make a horticultural concept called photoperiodism pay off in crop consistency and yield. Released just last month, […]
