2018 Farm Bill

In 2022, the farm-level value of total utilized hemp production amounted to $238.4 million, a notable decrease from $824 million in 2021. This encompassed all production types and market segments, with floral hemp dominating in 2022, commanding higher market prices than other hemp products. In the...

The booming sales of cannabis beverages have caught the attention of consumers and industry experts alike, with Nowadays emerging as a standout brand in the market. Co-founded by Justin Tidwell and Anthony Puterman, Nowadays, offers a unique cannabis-infused spirit that provides a light and buzzy...

Despite the fact that hemp-based products can be produced at scale, processed and legally shipped across the country, they are not as popular as recreational cannabis products. The question arises as to why Americans are not embracing hemp as a viable alternative when it has the potential...

The spot biomass market has seen consolidation between the Colorado, Kentucky and has generally transacted in the range of $3.30 to $4.50 per percentage point of CBD content throughout April. At this point, hemp producers have either sold out of product or are holding positions, expecting prices to...

Idaho’s state legislative session ended earlier this month with a tinge of disappointment. Despite overwhelming bipartisan support to legalize industrial hemp, the legislature was unable to pass a resolution to relax the state’s hemp ban. Adding to the frustration felt by hemp advocates...

With passage of the Farm Bill last year, the landscape has changed dramatically for the hemp industry. After decades of prohibition, hemp cultivation is once again legal in the U.S., and states are looking to the crop to help boost their local economies. One such state is Wyoming, whose governor...

Three months since passage of the Agriculture Improvement Act of 2018 (2018 Farm Bill), companies looking to expand their footprint in the industry have started diving into the federally legal U.S. hemp market through start-ups or mergers and acquisitions (M&A). Most recently, Canada’s...

The Cannabis Capital Conference is coming back to Toronto! Click here to learn how you can join Tim Seymour, Jon Najarian, Danny Moses, Alan Brochstein and many others. Cannabidiol —the chemical constituent also known as CBD derived from cannabis sativa—was thrust into the spotlight...

While the 2018 Farm Bill effectively legalized hemp production in the United States, hemp companies have not yet been unburdened of fears about legal jeopardy. Late last month, four men were arrested in Pawhuska, Oklahoma, on suspicion of drug trafficking after law enforcement officials discovered...

The Agriculture Improvement Act of 2018 removed hemp from the Controlled Substances Act and opened the door for interstate hemp transportation. Now hemp manufacturers are mobilizing to establish supply chains to move their crops. "No State or Indian Tribe shall prohibit the transportation or...

Hemp is an incredibly useful substance. From textiles to soap, hemp and its derivatives can be used as substitutes for various household products. Yet, beyond everyday items, there are myriad uses for hemp that one can barely imagine. Here are three particularly remarkable uses for hemp:...

In the short while since last December’s passage of the 2018 Farm Bill, the market has started to make dramatic shifts. Cannabis companies like Canopy Growth Corp. (NYSE: CGC) have decided to go all-in on hemp, and existing hemp producers have begun to ramp up their production capacities. How...

On December 20th the 2019 Farm Bill was signed into law by President Trump, with overwhelming bipartisan support from both the House (386 to 47) and the Senate (87 to 3). This $867 billion bill will provide needed subsidies for American farmers, strengthens the food stamps (SNAP) program, and, most...

President Donald Trump signed a Farm Bill into law Thursday that includes a provision removing hemp from the Controlled Substances Act. What Happened The 2018 Farm Bill includes provisions that will aid farmers in obtaining crop insurance, according to the administration.  “By signing...