Jonathan Havens (Editor’s note: This story is part of a recurring series of commentaries from professionals connected to the hemp industry. Havens co-chairs the Cannabis Law and Food, Beverage and Agribusiness Practices at Saul Ewing Arnstein & Lehr law firm in Washington DC.) The hemp industry has been waiting with bated breath for the release […]
United Kingdom-based GW Pharmaceuticals expects to report annual sales of approximately $526 million for the year ended Dec. 31, 2020, it said in a preview of its fourth quarter and full-year results. Fourth-quarter net sales will be approximately $148 million, based on preliminary unaudited financial information, GW said in a news release this week. Epidiolex, its most […]
Some $13 billion in additional agricultural aid for pandemic-impacted farmers should start going out by end of month. USDA: Latest payments for pandemic-affected hemp farmers coming soon is a post from: Hemp Industry Daily: Financial, Legal & business news for hemp & CBD entrepreneurs Views: 227
Dallas-based Generation Hemp Inc. has acquired a processing company in Kentucky with a 48,000-square-foot facility for $5.1 million. The acquisition of Halcyon Thruput LLC will be payable in $2.5 million of restricted common stock, $1.75 million in cash and a $870,000 promissory note, Generation Hemp said Tuesday. Generation Hemp will also take over $1 million […]
For all the growth that the hemp and CBD industry has seen as a nascent industry in recent years, last year farmers took a step back and devoted fewer resources to the crop – the enthusiasm of previous years tempered by oversupply, supply-chain issues and a lack of infrastructure. Licensed hemp acreage decreased in 2020 […]
Its new name reflects the company’s dual C02 and Ethanol extraction capabilities. (Erie, Colorado) January 12, 2021 – Zelios Colorado, long a leader in the hemp and CBD extraction industry, today announced its new name to reflect the company’s expanded and broader capabilities of both CO2 and Ethanol Extraction methods, as well as its new and extensive refinement technologies. Gemini’s expanded footprint […]
Daniel Fernandez is hoping for a hemp renaissance in Spain this year with the launch of a new Spanish industry association. But first, the Galicia native says federal authorities need to be educated on the economic possibilities of the crop so that Spain can tap underlying potential for collaboration on hemp projects with Portugal, Eastern […]
“The results show that the majority of U.S. consumers perceive cannabis (as CBD, hemp, marijuana, and THC) as having medical uses and view the potential for abuse of cannabis as less than for commonly prescribed medications and alcohol.”
The post Survey: Most Americans Say Marijuana Possesses Less Abuse Potential Than Alcohol appeared first on NORML.
A California hemp grower is suing a sheriff’s office, alleging the authorities destroyed about 500 acres of their plants, which the company estimates were worth $1 billion, according to the lawsuit. California lawsuit over hemp destruction on hold is a post from: Hemp Industry Daily: Financial, Legal & business news for hemp & CBD entrepreneurs Views: […]
With just a few days left before changing oversight, the U.S. Department of Agriculture has approved the hemp-regulation plans of Rhode Island and the Soboba Band of Luiseno Indians in southern California. Rhode Island will charge interested hemp producers: $250 application fees. $2,250 license fees, with a license valid for two years. Rhode Island doesn’t limit […]
