The globe’s sputtering supply-chain logistics are challenging for all businesses right now. But for cannabis, those challenges can be an absolute nightmare. When hemp cultivation became legal in all 50 states in 2018, under a Farm Bill that guaranteed that hemp products could cross state lines but gave no guidelines for moving them, Kevin Schultz
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As research broke over the past two weeks that cannabis products including CBD, cannabinoid acids and even synthetic cannabis compounds may prevent or treat COVID-19 infections, excitement among hemp entrepreneurs spread. Interest in the seemingly stagnant hemp biomass, CBD and CBG markets soared to highs not seen in three years. Prices are on the rise
Thailand’s Health Ministry recent removal of marijuana from the country’s list of controlled drugs is opening business opportunities only for low-THC hemp operators for now, because the country has retained a cap on allowable THC. The nation of almost 70 million plans to limit products above 0.3% THC to highly regulated medical sales channels, experts
Editor’s note: This week, Hemp Industry Daily will be highlighting stories and analysis on the delta-8 THC phenomenon. Today, a look at the origins of the delta-8 THC trend. Read more in the special D-8 February issue of MJBiz Magazine. When Harold Jarboe told his partners at Columbia River Cannabis in 2014 that he was
Editor’s note: This week Hemp Industry Daily is highlighting stories and analysis on the delta-8 THC phenomenon. Today, a look at delta-8 THC sales trends in marijuana dispensaries. Read more in the special D-8 February issue of MJBizMagazine. Plant-touching companies weren’t the only businesses surprised by the sudden and explosive growth of delta-8 THC in
All hemp products are dependent on one thing: the ability to grow a reliable and quality crop. Growers need to pick plants that will deliver the characteristics they need and provide inputs that support the end goals. But where to begin? In this report, some of the industry’s most experienced and innovative cultivators share their
No part of the global economy has escaped the COVID-19 pandemic, which has claimed more than 2.5 million lives around the world and sickened countless more. But few industries were in the kind of infancy the hemp industry was in when the World Health Organization declared the virus a global pandemic on March 11, 2020.
(This is the first of a series focused on planning for best cultivation practices for hemp and marijuana growers. Look for additional stories on handling young plants, stocking up on supplies, fertigation and other topics throughout the year.) Outdoor hemp and marijuana growers are getting ready to get their crops in the ground in the
(Editor’s note: This column is part of a recurring series of commentaries from professionals connected to the hemp industry. Andrew M. Rosner and Kaelan Castetter are vice presidents of the New York State Cannabis Growers and Processors Association.) Government officials nationwide are talking about banning the sale of hemp flower in the name of public
Hemp farmers are gearing up to plant their fields only two weeks after Texas froze over during Winter Storm Uri – a freak snow and ice storm that caused more than $600 million in damages to the state’s agricultural economy. According to early data from the Texas A&M Extension Service, other industries such as citrus,
Hemp-derived CBD giant Charlotte’s Web Holdings is positioning itself to enter THC and marijuana markets. The Boulder, Colorado, company says it has signed a five-year, $8 million purchase agreement option with a marijuana company started by its founders, Stanley Brothers USA Holdings Inc. The deal allows Charlotte’s Web to take over the marijuana business after
(Editor’s note: This story is part of a recurring series of commentaries from professionals connected to the hemp industry. Jackie Berg is co-founder of CBD Marketing Hub, a digital-to-door agency focused on CBD and cannabis marketing.) Sleep is valued commodity and something many Americans are increasingly bereft of. Many health experts see sleep issues as
The entire cannabis industry is buzzing about delta-8 THC and other cannabinoids found rarely in the plant but gaining favor among growers and consumers. Indeed, there has been a noticeable shift toward so-called novel cannabinoids among hemp producers surveyed by Hemp Industry Daily. But CBD still rules the roost. Cannabidiol, by far, continues to be
Minor cannabinoids have been gathering interest among growers and extractors over the past year, with research on CBG, CBN, CBC and THC-V showing unique health benefits for consumers. But are consumers even aware of these molecules and is there demand in the marketplace? And are there genetics available that can yield enough of these minor
Jillian Hishaw (Editor’s note: This story is part of a recurring series of commentaries from professionals connected to the hemp industry. Jillian Hishaw is an agricultural strategist and former U.S. Department of Agriculture Adjudicator of the Office to the Assistant Secretary of Civil Rights. She’s now Founder & CEO of Family Agriculture Resource Management Services
This story first appeared at Marijuana Business Daily. The development of new genetic-editing technology offers cannabis companies a cost-effective way to make specific changes to marijuana and hemp plants – such as more disease resistance – without creating a genetically modified organism. The technology, known as Crispr-Cas9, will allow the cannabis industry to build new,
A federal judge in Indiana is reversing course on a state law banning smokable hemp, handing growers and processors another defeat as they seek to find a path to market for the most profitable part of the plant. U.S. District Judge Sarah Evans Barker told the Midwest Hemp Council and several hemp businesses challenging Indiana’s
In the United States currently, humans can eat foods made from hemp – yet we can’t legally eat meat or eggs from animals that have eaten hemp. But with recent action by the Hemp Feed Coalition (HFC), a Fort Collins, Colorado-based nonprofit seeking to gain federal approval for hemp and its byproducts as a source
(This opinion column appears in the February issue of Marijuana Business Magazine.) Everyone in the hemp industry knows the story of Charlotte’s Web: A group of well-meaning brothers working under Colorado’s medical marijuana system developed a cannabis strain that worked miracles on a sick little girl named Charlotte. Word spread about the awe-inspiring results of
(A version of this story appears in the February issue of Marijuana Business Magazine.) From mom-and-pop shops to corporate chains, everyone in the retail business knows that a carefully chosen location is key to success. The cannabis industry is no exception. Although regulatory requirements, license availability and market demand will vary from place to place,
U.S. District Court for the Eastern District of New York Crediting the CBD company’s forthrightness, a federal judge in New York federal judge has dismissed a lawsuit against Massachusetts-based Curaleaf from investors who argued the company misled them about legality of its CBD products. The investors sued when Curaleaf’s share price fell in 2019 after
The National Football League and its players’ union have requested industry research on CBD and other cannabinoids for pain management. The NFL says it is looking for information about “alternatives to opioids in routine pain management.” The request mentions CBD but is open to research on other cannabinoids. The request issued Wednesday also mentions research
Hemp farmers have a number of choices and sources for the varieties they will plant in 2021. But if they’re electing to use seed-propagated varieties, there are several criteria that growers should consider in selecting genetics. Jeremy Klettke, founder, CEO and head plant breeder at Davis Farms of Oregon in Portland, outlined basic requirements growers
(This story appears in the February issue of Marijuana Business Magazine.) Partnership disputes — whether between business partners or owners and investors — continue to be an ugly feature of the marijuana and hemp industries. Such conflicts can be costly and time-consuming; plus, they can sink a cannabis company. But there are steps companies can
A renowned marijuana-growing county in northern California’s Emerald Triangle, Humboldt County, has permanently banned outdoor cultivation of low-THC hemp varieties. The unanimous vote by the county Board of Supervisors last week comes after marijuana interests in the area argued that hemp could send male pollen onto higher-THC varieties and depress cannabinoid levels, the (Eureka) Times-Standard
Hemp genetics companies have been actively pursuing patents to protect their intellectual property after years of work to develop novel genetics. But despite intellectual property protection that became available after the U.S. legalized hemp production in 2018, some companies are still opting for more expensive and more comprehensive plant utility patents for the highest level
Dionne Toombs Researchers at the U.S. Department of Agriculture say they’re studying ways to boost hemp production and profitability for growers, and are collecting the first national statistics on domestic hemp production to be ready by next year. But Dionne Toombs, director for USDA’s Office of the Chief Scientist, gave no indication this week at
3M’s Don Davidson uses everyday sticky notes to demostrate how hemp could become part of tomorrow’s adhesives (photo via National Hemp Symposium) Industrial conglomerate 3M Co. thinks hemp can be part of the sustainability “megatrend” and is looking at hemp components to do everything from strengthening packaging tape to helping grow human tissue and organs.
A clear majority of hemp farmers and processors support establishing a federal program to promote the crop, according to a survey by two industry groups, but not everyone supports paying for it. The National Industrial Hemp Council and the Hemp Industries Association polled their members late last year on the question of having a checkoff
(Editor’s note: This story is part of a recurring series of commentaries from professionals connected to the hemp industry. Julie Lerner is CEO of PanXchange, a commodity trading platform and benchmark price provider.) Basing the multibillion-dollar, pie-in-the-sky forecasts for the U.S. addressable market for CBD on retail shelf prices disturbs me. It’s as illogical as