Hemp Industry
Explore the latest developments in the hemp industry with Business of Cannabis. Find out about new products, regulations, and more.
Hemp Industry · page 3
- Hemp Industry
Plans to Ban Intoxicating Hemp Take Center Stage in Battle to Reopen US Government
The long-running battle over the future of the US hemp industry has become an unlikely flashpoint in efforts to end the longest government shutdown in history.
- Hemp Industry
What the US Government Shutdown Means for Cannabis Reform
President Donald Trump has called on Senate Republicans to invoke the so-called ‘nuclear option’ to break the month-long government shutdown, a move that would eliminate the long-standing 60-vote filibuster rule and allow other legislation to pass by a simple majority.
- Hemp Industry
‘Five Years Of Hard Work Has Brought European Hemp In From The Cold’
THE new MD of the European Industrial Hemp Association (EIHA) says it is preparing to challenge Europe’s ongoing efforts to undermine the continent’s CBD industry, whilst also keeping a close eye on developments in the UK.
- CBD Market
EU Proposal to Recognise Hemp Flower as a Crop in Landmark Shift for Industry
The European Commission (EC) is considering a major overhaul of regulations surrounding hemp across the Union, potentially marking a step change in how hemp is recognised, traded, and funded.
- Hemp Industry
Texas Senate Passes ‘Hemp Killing’ SB-6, Seeing Hope Dwindle for Multi-Billion-Dollar Industry
The Texas Senate has voted by an overwhelming majority to pass so-called ‘hemp killing’ legislation, seeing the newly repackaged SB-6 head to the House amid ongoing political turmoil in the state.
- Hemp Industry
‘Huge Win’ for US Hemp Industry as Senate Removes Hemp-Killing Language from Funding Bill
In a major win for the US hemp industry, language which could have seen ‘90-95%’ of hemp products banned has been removed from a major US agricultural funding bill.
- Hemp Industry
Texas Edges Closer to Total THC Ban, Raising Alarms Across US Hemp Sector
A battle for the future of the hemp industry in Texas, set to have a significant impact on hemp regulation across the US, is brewing as lawmakers return for a special legislative session marked by sharp divisions between Governor Greg Abbott and Republican leaders in the Senate.
- Hemp Industry
Senate Committee Passes ‘Hemp Killing’ Legislation, But Gives Hemp Businesses 1 Year Delay
Efforts to close the so-called ‘hemp loophole’ in the US, which would have banned the sale of hemp-derived products containing any detectable amount of THC, could be postponed by a year, giving operators room to adapt their operations.
- Hemp Industry
‘Seminal Moment’: Texas Hemp-Killing Bill Blocked as State Doubles Down on Medical Cannabis
Texas medical cannabis and hemp businesses both enjoyed some major, yet largely unexpected news over the weekend, not only ensuring the continued legality of hemp but significantly expanding the state’s medical cannabis programme.
- Hemp Industry
Federal ‘Back Door’ Intoxicating Hemp Killing Bill Makes Passes First Hurdle
A Republican-led US House committee has advanced a controversial spending bill that would redefine hemp under federal law, placing sweeping new restrictions on popular intoxicating hemp substances such as Delta-8 THC and many forms of CBD oils, a move that industry leaders say could devastate the $30 billion national hemp market.
- Hemp Industry
High Court Steps in to Arizona ‘Consumable Hemp’ Battle, Offering Hope to Industry
Arizona’s hemp industry this week received a welcome reprieve from an overnight ban on all ‘consumable hemp products’, as the Court of Appeals agreed to consider a collaborative pushback from the industry.
- CBD Market
Hemp Farmers Switch To Corn As Italian CBD Industry Fights Extinction
Former hemp farmers are switching to corn, and larger players are leaving Italy altogether as its once-thriving hemp and CBD industry is battered by the hard-line government.
