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5 Predictions for the Cannabis Industry in 2019

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Tribe Must Wait On USDA Rules To Grow Hemp - Law360

Law360 (May 8, 2020, 8:28 PM EDT) — A group of private investment firms has filed suit against Sundial Growers Inc. and several of its directors, alleging they lost millions of dollars after the Canadian company misrepresented that it would be able to quickly export hemp and CBD to European countries. Sundial indicated it was …

A look at current hemp economics - The Advocate-Messenger - Danville Advocate

It’s time for the majority of hemp producers to start planting their 2020 crop, but many of them are doing so with much uncertainty for what the coming growing season holds in terms of prices, contracts and crop quality. While the 2019 growing season started with much optimism, it ended up with producers and processors …

Allowing CBD products in New Jersey could give the economy a boost | Opinion - NJ.com

By Smoke Wallin While the COVID-19 pandemic continues to wreak havoc across the economy small businesses are paying a heavy price. A record number of unemployment applications and bankruptcies are being filed weekly and officials say the worse is yet to come. With so many industries absorbing the shock and strain of the financial crisis …

Government Assistance Options for U.S. Hemp Farmers Affected By COVID-19 - CBD Testers

After decades of prohibition, the 2018 Farm Bill granted full legal status to hemp a couple years ago. Many thought this would be the end of various challenges that have been plaguing those in the industry for years. This is actually true, for people in the hemp industry, many new rights have been achieved these …

Hemp Cultivation in Early South Carolina | Blog - Charleston Post Courier

Hemp was one of many crops that nearly became a staple part of the economy in the early years of South Carolina. Requiring large quantities of the weed for use in the maritime industry, the provincial government and British Parliament offered sustained cash bounties to encourage planters to cultivate hemp on a commercial scale. Their …

Hemp farmers, CBD producers included in coronavirus emergency aid program - UPI News

DENVER, April 23 (UPI) — Hemp farmers and CBD companies are now eligible for COVID-19 related economic relief from the Small Business Association and the U.S. Department of Agriculture, an industry group said. The Economic Injury Disaster Loans program was expanded to include hemp farmers under the Paycheck Protection Program Increase Act, passed by the …

Virginia governor signs bill to regulate CBD in food - Food Dive

Dive Brief: Virginia​ Gov. Ralph Northam signed a bill defining hemp extract, including CBD, as food. It gives state officials power to regulate the industry.  The legislation, Senate Bill 918, is intended to help the hemp industry in Virginia by regulating production requirements and facility conditions. The bill enables the Virginia Department of Agriculture and Consumer Services to …

The presented market report on the global Industrial Hemp market published by Fact.MR is a comprehensive analysis of the leading parameters that are likely to determine the growth of the Industrial Hemp market in the forthcoming decade. Further, the study dives in deep to investigate the micro and macro-economic factors that are projected to influence …

Newly Developed Scanner Can Instantly Distinguish Hemp From Cannabis - Hemp Grower

With customers and patients staying at home amidst widespread stay-at-home orders, digital marketing could experience a heyday, says Laurie Parfitt, a cannabis consultant with LKP Consulting. But reacting to a global crisis like the COVID-19 pandemic is not something for which many companies can be adequately prepared. As a result, critical mistakes can be made …

Is CBD Retail 'Essential'? Shuttered Hemp Retailers Fight To Stay Open Alongside Grocery, Marijuana Stores

Hemp production has been classified as “essential” by the federal government during the coronavirus pandemic. April 7, 2020 6 min read This story originally appeared on MJBizDaily 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 …