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Latest News from Hemp Industry Daily

 

Hemp Industry Daily The leading source of financial, legal and B2B news for the hemp industry.

  • Bahamas panel recommends hemp and marijuana legalization
    by Kristen Nichols on October 28, 2020 at 8:59 pm

    A Bahamas committee charged with laying out an economic recovery plan recommends the country legalize hemp and hemp extracts. Bahamas panel recommends hemp and marijuana legalization is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

  • Circle K boosts CBD offerings in southeastern US
    by Kristen Nichols on October 28, 2020 at 3:58 pm

    One of the largest convenience-store chains in North America has tapped a California CBD firm to expand its portfolio of CBD products in the southeastern United States. Circle K boosts CBD offerings in southeastern US is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

  • Avoiding the trap of chasing low-hanging fruit in hemp processing
    by Kristen Nichols on October 28, 2020 at 10:30 am

    (Editor’s note: This story is part of a recurring series of commentaries from professionals connected to the hemp industry. Robert Ziner is founder and CEO of the Canadian Industrial Hemp Corp., which uses artificial intelligence to process hemp stalks and fiber to make hemp-based bio-composite pellets.) In many business opportunities, especially those focused on basic Avoiding the trap of chasing low-hanging fruit in hemp processing is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

  • NY publishes rules for selling hemp extracts in food, drinks
    by ivanm on October 27, 2020 at 10:46 pm

    New York's state health department has released regulations for making and selling hemp extracts in food, drinks, vapes and cosmetics. NY publishes rules for selling hemp extracts in food, drinks is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

  • Tobacco company invests $15 million to bring LA cannabis line to THC-free markets
    by Kristen Nichols on October 27, 2020 at 8:28 pm

    A Kentucky tobacco company is deploying $15 million to a Los Angeles marijuana vape company that plans to expand its footprint by building out a line of THC-free CBD products. Tobacco company invests $15 million to bring LA cannabis line to THC-free markets is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

  • DEA, California police sued after allegedly destroying Wyoming company’s hemp after mistaking it for marijuana
    by ivanm on October 27, 2020 at 3:57 pm

    A Wyoming hemp company is suing the U.S. Drug Enforcement Administration and police in southern California for allegedly destroying more than $3 million worth of hemp they mistook for marijuana. DEA, California police sued after allegedly destroying Wyoming company’s hemp after mistaking it for marijuana is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

  • ‘It’s not about hemp flavor for us; it’s what the plant does to the process:’ Q&A with a hemp-vodka pioneer
    by ivanm on October 27, 2020 at 10:30 am

    How hemp helped vodka distiller Ben Williams hobby turn a hobby into a business opportunity. ‘It’s not about hemp flavor for us; it’s what the plant does to the process:’ Q&A with a hemp-vodka pioneer is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

  • Minnesota’s 2020 hemp harvest improving on THC fail rates
    by Kristen Nichols on October 26, 2020 at 8:30 pm

    Minnesota hemp farmers are seeing improved THC testing this year, state agriculture officials report. Minnesota’s 2020 hemp harvest improving on THC fail rates is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

  • European Parliament votes to add 0.3% THC limit for hemp to EU farm policy overhaul
    by Monica Raymunt on October 26, 2020 at 5:33 pm

    The European Parliament has voted to raise the THC limit for industrial hemp from 0.2% to 0.3% and allow hemp and hemp-derived products to be subject to European Union marketing standards. European Parliament votes to add 0.3% THC limit for hemp to EU farm policy overhaul is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

  • Self-governing British island is getting into the CBD business
    by Monica Raymunt on October 26, 2020 at 2:42 pm

    The Isle of Man, a self-governing British dependency located between Ireland and England, has announced plans to create an export-only sector for hemp and cannabis products. Self-governing British island is getting into the CBD business is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

  • Exclusive: CBD demand could drive 2020 sales of $2 billion, with threefold growth projected by 2025
    by Laura Drotleff on October 26, 2020 at 10:30 am

    Consumers are already going gangbusters for CBD in every formulation imaginable. But the current use rate for hemp-CBD products isn’t even close to what it could be when the industry sees federal regulation, which will open up mainstream manufacturing and retail markets even further. Exclusive: CBD demand could drive 2020 sales of $2 billion, with threefold growth projected by 2025 is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

  • Congressional members sent DEA letter asking for clarity on hemp extraction rule
    by ivanm on October 23, 2020 at 5:20 pm

    Nine members of Congress have asked the U.S. Drug Enforcement Administration for clarity on a rule the hemp industry says will wrongly criminalize production of extracts in some cases. The letter asks DEA administrator Timothy Shea to protect hemp producers. “Since the Farm Bill legalized hemp along with hemp derivatives, extracts and cannabinoids, it logically follows Congressional members sent DEA letter asking for clarity on hemp extraction rule is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

  • Indiana wins USDA approval, while Tennessee bows out for another year
    by Kristen Nichols on October 23, 2020 at 4:13 pm

    Indiana's hemp regulations have won federal approval and will be in place for the 2021 growing season - while another hemp state with federal approval, Tennessee, is bowing out of the federal framework for another year. Indiana wins USDA approval, while Tennessee bows out for another year is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

  • Editor’s Notebook: Think hemp isn’t on the ballot this year? Think again
    by Kristen Nichols on October 23, 2020 at 10:30 am

    Hemp policy is not much of a talking point in the presidential debate. And in the hard-fought battle for control of the U.S. Senate, hemp entrepreneurs can rest assured that the top-ranking members of both parties—Kentucky Republican Mitch McConnell and New York Democrat Chuck Schumer—are both staunch advocates for the industry. Editor’s Notebook: Think hemp isn’t on the ballot this year? Think again is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

  • Pet Releaf names Papa & Barkley executive as new CFO
    by ivanm on October 22, 2020 at 5:58 pm

    Colorado-based Pet Releaf, maker of CBD products for pets, has named Rod Millott as its new chief financial officer. The position was newly created as the company experiences “momentous growth,” said Stephen Smith, Pet Releaf co-founder and president. “We are thrilled to welcome Rod to the Pet Releaf team and are confident he will make Pet Releaf names Papa & Barkley executive as new CFO is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs


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