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 8
- Hemp Industry
A ‘Momentous Occasion’ For Hemp With Its Multiple Attributes Recognised At The United Nations
After 60-plus years of negativity and prohibition the tide has turned for hemp at the highest levels of global governance, explain Lorenza Romanese, Managing Director and Francesco Mirizzi, Senior Policy Advisor, at the European Industrial Hemp Association.
- Hemp Industry
New year brings new laws, rules for cannabis businesses in the US
NEW LAWS New year brings new laws, rules for cannabis businesses in the US MJ Biz Daily explores how businesses in several states with legal cannabis markets, including California, Michigan, Oregon and Utah, are adapting to meet changing laws and regulations that could affect sales and how they run their operations.
- CBD Market
FDA’s inaction on CBD regulations means more cannabis questions for Congress
QUESTIONS FOR CONGRESS FDA’s inaction on CBD regulations means more cannabis questions for Congress The FDA’s announcement that it won’t regulate products containing CBD and will instead pass that buck to Congress means the preservation of the current, uneasy status quo for now, writes MJ Biz Daily.
- CBD Market
First cannabis bill heads to the new 118th Congress
FIRST OUT THE GATE First cannabis bill heads to the new 118th Congress Seeking Alpha reports that a group of GOP lawmakers in the U.S.
- CBD Market
Canopy Growth looking at the US market due to the increased competition in Canadian adult-use market
CANOPY GROWTH Canopy Growth looking at the US market due to the increased competition in Canadian adult-use market The Motley Fool reports that Canopy’s sales in the second quarter of fiscal 2023 were reported as CAD$118 million, down 10% year over year.
- CBD Market
Illinois hits a record $1.5 billion of cannabis sales in 2022
SALES RECORD Illinois hits a record $1.5 billion of cannabis sales in 2022 Illinois cannabis sales reached a record high of more than $1.5 billion in 2022, with December marking the strongest sales month to date, writes Marijuana Moment.
- Hemp Industry
Ohio lawmakers given four months to consider cannabis reform
REGULATORY HURDLES New York still has a lot to work out as their adult-use market finally launches Dozens of entrepreneurs are on the sidelines waiting – and hoping – for regulatory approval to begin operations in New York, reports MJ Biz Daily.
- CBD Market
FDA to make recommendations on cannabis product regulations
LEGAL RETAIL New York celebrates the opening of the states first retail store New York City recently joined nearly two dozen other US states in legalizing recreational cannabis.
- Hemp Industry
Study finds that cannabis legalisation has reduced arrests even in states that already decriminalised
HIGH TIDE High Tide starts selling cannabis seeds in the US, following the move that the seeds fall under the legal definition of hemp High Tide has started selling cannabis seeds in the U.S. following the American Drug Enforcement Agency’s recent move that the seeds fall under the legal definition of hemp and can therefore…
- Hemp Industry
SAFE Banking Act may still get attached to a funding package before the end of the year
HEMP TESTING USDA delaying hemp testing requirements rules due to ‘inadequate’ capacity of testing facilities Marijuana Moment reports that the U.S.
- CBD Market
Brittney Griner: US basketball star freed in a prisoner swap with an arms dealer
CANNABIS LAW NORML praised Brittney Griner’s release, noting it should inspire U.S. cannabis law changes The National Organization for the Reform of Marijuana Laws (NORML) on Thursday praised the release of WNBA player Brittney Griner, writes Newsweek, calling on U.S. lawmakers to use her ordeal as motivation to change domestic cannabis laws.
- Cultivation
UN conference sees Special Issue on industrial hemp
The National Hemp Association (NHA) has been engaging with the United Nations (UN), the Food and Agriculture Organization (FAO), the International Fund for Agricultural Development (IFAD) and the World Bank to advance the recognition and acceptance of industrial hemp around the globe.
