CBD Facts You Need To Know

Two Southern states have received federal approval for their hemp production plans under the U.S. Department of Agriculture’s interim final rule for the 2020 season, while a Midwestern state has chosen to extend its 2014 pilot program. The USDA approved plans for South Carolina and West Virginia, bringing the total number of states approved […]

A Wisconsin hemp seed seller is in a contract dispute with a Canadian seed producer over where and for how long it can sell a grain cultivar. Legacy Hemp of Hastings, Minnesota, says that Terramax Holdings Corp. is trying to renege on the length of time Legacy Hemp has the rights to sell the seeds in Wisconsin hemp seed seller sues Canadian […]

Hemp production has been classified as “essential” by the federal government during the coronavirus pandemic. But the classification doesn’t extend to retailers selling hemp and CBD — and some retailers told to shut down during the coronavirus response are asking authorities to reconsider and designate them […]

The U.S. Food and Drug Administration is warning the company of former NFL player Kyle Turley to stop claiming that CBD is an effective treatment for coronavirus. In a letter dated Tuesday, the FDA ordered Turley’s company, Las Vegas-based NeuroXPF, to stop “misleadingly representing your products as safe and effective for a […]

Ongoing CBD review by the U.S. Food and Drug Administration shouldn’t mean that CBD makers can’t face labeling lawsuits, a federal judge in Florida ruled. The ruling means that Diamond CBD of Fort Lauderdale cannot await FDA guidelines before facing a 2019 allegation that it misrepresented the amount of CBD in its products. U.S. […]

Call it a benefit of being on the legal side of the cannabis business. Legal hemp businesses are eligible for emergency loan assistance and other lifelines included in the $2.2 trillion economic stimulus signed into law last week to hold off economic devastation from the coronavirus pandemic. You can apply for Economic Injury Disaster Loans Quick […]

The BRN Group, a New York-based branding company, says it is still interested in buying the CBD business of Green Growth Brands, an Ohio-based retailer that announced plans in late February to sell most of its interest in a line of mall kiosks selling hemp-derived CBD products. However, the potential sale of the business might BRN maintains […]

A CBD store in Texas has started a drone delivery service to adhere to social distancing measures to help slow the spread of the coronavirus. John Elmore, the owner of Green Cross CBD in Austin, told broadcaster KTBC that he was sterilizing products and offering curbside pickup before he started drone deliveries. “I was able Texas CBD shop […]

Canada’s national hemp-promotions association is asking seed breeders to submit new varieties for testing in 2020, with an eye toward sending more low-THC varieties to Health Canada for approval. The Canadian Hemp Trade Alliance told members Tuesday that it wants to test at least nine new seed varieties in 13 different regions. The […]

It’s hard not to laugh some days at the onslaught of novel CBD products. Folks are advertising the cannabinoid in a head-scratching array of products, from sports bras to suppositories.  Editor’s Notebook: CBD makers can learn from others’ marketing miscues is a post from: Marijuana Business Daily: Financial, Legal […]

Colorado-based CBD maker Charlotte’s Web has appointed a chief operating officer to replace Stephen Lermer, who left the company Jan. 31. The Boulder company said in a release that David Panter is its new COO, effective Monday. Charlotte’s Web said Panter has more than 20 years of “global supply chain experience” at […]

Hemp production is legal in South Dakota after a year-long battle between Gov. Kristin Noem and lawmakers. Noem signed the industrial hemp production bill Friday, which takes effect immediately and includes $3.5 million to set up South Dakota’s state production program. South Dakota farmers will have to wait to produce hemp until the […]

The U.S. military and researchers at a Wisconsin university are discussing making hemp fiber to replace imported polyester and polymer in Army vehicles – a potential partnership that would return the state to the days it was the epicenter of fiber production during both World Wars. To make it a reality, researchers at the University […]

A new $2.2 trillion package designed to prevent the U.S. economy from collapsing has room for hemp businesses and farms. Coronavirus stimulus package covering hemp industry signed into law is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

A hemp processor and extractor in Texas is working to establish operations in Houston. Bayou City Hemp Co., founded by Houston natives Ben Meggs and Jeromy Sherman, has applied for hemp processing licenses through the Texas Department of Agriculture. Additionally, Texas Agriculture Commissioner Sid Miller appointed Sherman to serve on a state hemp […]

A Canadian cannabis company that is ratcheting back its marijuana business, The Green Organic Dutchman (TGOD), apparently has no plans to slow hemp production. The news comes as TGOD suspended production at its processing facility in Quebec and is laying off staff. The Green Organic Dutchman has a European subsidiary, HemPoland, that sells CBD […]

A New Mexico medical marijuana company has begun exporting cannabis-based medicine to Israel. Ultra Health spokeswoman Marissa Novel said recently the company started exporting earlier this month through a partnership with Israeli pharmaceutical group Panaxai. The medicine was created using hemp grown in Bernalillo County, New Mexico. Ultra Health […]

CBD is currently the fastest-growing segment in the cannabis industry, with new companies jumping into the market almost daily and retailers from big-box chains to mom-and-pops eager to stock their shelves with the hot, in-demand products. How to promote CBD products while complying with federal laws is a post from: Marijuana Business Daily: […]

A prominent marijuana lobbying is warning consumers against CBD-infused products claiming to guard against the coronavirus. The National Organization for the Reform of Marijuana Laws said this week that CBD retailers have received warning letters from the U.S. Food and Drug Administration for making such unsubstantiated claims. “If something […]

International CBD brand Elixinol has appointed a new CEO for North and South America. Tom Siciliano will oversee the company’s hemp-derived CBD business in the Americas region. He succeeds outgoing Americas chief Leif Harrison, who recently spoke to Hemp Industry Daily about the company’s revamped global strategy. […]

Hemp Industry Daily’s first Variety Yearbook is a comprehensive look at the newest hemp genetics on the market. Consider it your buyer’s guide for sourcing hemp genetics this year and a resource to look back on as you prepare for subsequent seasons. Hemp season is only as good as the varieties farmers put in the ground is a post from: […]

More states have declared that they’re going to stick with their own rules for the 2020 hemp production season, rather than follow federal guidelines on the new crop. To date, 20 states have said they will follow the 2014 pilot rules this growing season, outnumbering the 12 that have so far received U.S. Department of States split on […]

Farmers who produce hemp, along with other hemp businesses, could see relief from the coronavirus economic stimulus deal that the U.S. Congress reached early Wednesday. In the largest economic rescue package in American history, the Senate and the White House reached a deal to spend $2 trillion to keep the U.S. economy afloat. The deal, Hemp […]

A hemp farm in Kentucky has asked a court to nullify its contract with an Oregon processing facility, saying neither party was able to uphold its end of the agreement and that coronavirus measures in both states should trigger language making the contract moot. Third Wave Farms filed the request Friday after Oregon LLC Pure Valley Kentucky […]

Agriculture officials in Alaska are trying to limit in-person trips to the Division of Agriculture, so they used a social media broadcast to lay out new rules for the state’s hemp program this week. Alaska’s Industrial Hemp Pilot Program, which will operate under the 2014 Farm Bill pilot program rules through Oct. 31, becomes effective […]

The coronavirus pandemic has upended the economic landscape and forced businesses of all sizes and industries to suspend operations, cancel events and furlough tens of thousands of workers. With markets in free fall and states imposing lockdowns across the U.S., some have argued that the hemp-derived-supplements industry could see an increase in […]

The West African nation of Ghana has passed legislation allowing hemp to be grown for industrial or medicinal purposes. The legislation allows the government to “grant a licence for the cultivation of cannabis which has not more than 0.3% THC content on a dry-weight basis for industrial purposes for obtaining fibre or seed or for Lawmakers […]

A California CBD nonprofit has dodged a libel lawsuit after it was sued by two companies for saying a lab test showed that a CBD product they sold contained heavy metals. A California appeals court ruled Friday that the companies filing the suit – Medical Marijuana, Inc., and HempMeds PX – failed to show that the California court […]

Charlotte’s Web Holdings lost $18.8 million last quarter, a plunge of 688% from the same period in 2018. The Colorado CBD maker attributed the loss to slow adoption of its products in mainstream food, drug and mass retailers. The results put the company’s profits down 688% from the same period in 2018, when the company […]

Mexico’s vote to legalize hemp and marijuana will likely be delayed because of the coronavirus pandemic, one attorney following the proceedings said. The delay has not been announced, but it’s expected to happen any moment, said Luis Armendáriz, an attorney in Chihuahua, Mexico, who is affiliated with Denver’s Hoban […]

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