The research arm of the U.S. Department of Agriculture is working to find better ways to use hemp oils in skin creams and other personal-care products. The Agricultural Research Service announced Tuesday that it would start a 24-month agreement with the Midwest Bioprocessing Center, a Peoria, Illinois, firm specializing in organic chemical and pharmaceutical manufacturing. […]
New York, NY – In response to the U.S. Department of Health and Human Services’ release of new practice guidelines that will allow more DEA-registered practitioners to prescribe buprenorphine to up to 30 patients without obtaining an X waiver, Kellen Russoniello, Senior Staff Attorney for the Drug Policy Alliance, released the following statement: “We are grateful […]
New York, NY – In response to the U.S. Department of Health and Human Services’ release of new practice guidelines that will allow more DEA-registered practitioners to prescribe buprenorphine to up to 30 patients without obtaining an X waiver, Kellen Russoniello, Senior Staff Attorney for the Drug Policy Alliance, released the following statement: “We are grateful […]
The Valens Co., a Canadian marijuana product manufacturer, announced Tuesday that it will acquire Florida hemp-CBD manufacturer Green Roads CBD. The deal includes $40 million up front, including $25.4 million in Valens Co. common shares and up to $14.6 million in cash, plus up to an additional $20 million in earnout payments if earnings goals […]
Texas hemp company Wildseed Hemp faces a trademark lawsuit from a wildflower farm that says its name is damaging the wildflower business’ reputation. Wildseed Farms says in its case filed in federal court in Austin that the hemp company “could have a disastrous effect” on its reputation because the hemp company makes “controversial hemp and CBD […]
It’s common lore in the hemp industry: Henry Ford made a car out of hemp, but then anti-cannabis hysteria and a malevolent steel industry squashed the plant’s potential as an automotive component. The true history is more complicated. Engineers have been tinkering with hemp fiber components in automotive bodies and interiors for many decades, failing […]
The U.S. Postal Service is delaying a ban on sending vape products in the mail, saying the agency needs more time to review how to implement the changes ordered by Congress. The ban was supposed to take effect Monday and apply to all vape companies, even those shipping legal hemp-derived products. The ban was adopted […]
Alabama fiber processor BastCore has raised $2.8 million from Series A investors and plans to use the money to keep up with demand. Based in Montgomery, BastCore makes yarn and other fiber products from hemp stalks. The investment came in a Series A round. Investors included Poseidon Asset Management, which said in the statement that […]
Image courtesy Oatly Move over, nutrition facts – food companies and consumer packaged goods manufacturers are adding carbon-footprint labels to their products in an effort to be transparent about their environmental impact. Now hemp and marijuana companies are considering whether to jump on a trend experts say will intensify as governments double down on climate […]
Federal agriculture officials are investing in key programs to help farmers manage the impacts of climate change. U.S. Agriculture Secretary Tom Vilsack said Thursday that the U.S. Department of Agriculture’s National Institute of Food and Agriculture will invest at least $21.7 million in soil health and climate-smart agriculture, including: $6.3 million for 14 soil health […]
