Hemp

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:...

Hemp is often an overlooked subsector of the cannabis space, but its usage in the United States and around the world is growing every day. In fact, World Wrestling Entertainment, Inc. (NYSE: WWE) performer Daniel Bryan unveiled a brand new hemp version of the WWE Championship belt on Tuesday...

Since the 2018 Farm Bill was signed into law just before the new year and the installation of the 116th U.S. Congress, the hemp industry has been bristling with activity. For the most part, business has been centered around potential medical applications for hemp’s most famous component,...

Canadian cannabis company Canopy Growth Corp (NYSE: CGC) confirmed Monday that it received a license to produce and process hemp in New York, prompting GMP to turn incrementally bullish on the stock. The Analyst Analyst Martin Landry maintains a Buy rating on Toronto-listed Canopy Growth ...

Canopy Growth Corp (NYSE: CGC) shares were surging Monday after the company received a license from the state of New York to process and produce hemp.  What Happened The Canadian company plans to establish a hemp industrial park in New York with large-scale production capabilities focused on...

From companies going public on major exchanges, mergers and acquisitions and full legalization of weed in Canada, 2018 was a transformational year in cannabis. One major milestone for the industry was the passage of the 2018 Farm Bill. Although the bulk of the spending in the bill...

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...

On Dec. 11, the Consumer Analyst Group of New York hosted a group luncheon where Canopy Growth Corp. (NYSE: CGC) CEO Bruce Linton presented. Wells Fargo analysts attended the luncheon and presented their main takeaways. Overall, the analysts said they are optimistic about the company's...

New Age Beverages Corp (NASDAQ: NBEV) shares were trading up again Wednesday on the back of the Senate vote on the 2018 Farm Bill. The news lifted other hemp and CBD companies higher, including Youngevity International Inc (NASDAQ: YGYI) and Pyxus International Inc (NYSE: PYX). New Age shares...

The 2018 Farm Bill, a piece of legislation much anticipated by the hemp sector, is approaching the finish line. The House and Senate members who comprise the Farm Bill Conference Committee have released a final draft and filed the bill. One major highlight: the legalization of the cultivation of...

By William Sumner, Hemp Business Journal Contributor Last week, news broke that Congressional lawmakers had reached tentative agreement on the 2018 Farm Bill, including an amendment to fully legalize hemp in the United States. Yet, even as the hemp industry awaits final passage, some industry...

A new company is set to join the growing hemp market. MariMed Inc (OTC: MRMD) has agreed to invest $30 million in GenCanna Global as part of a strategic partnership.  What Happened MariMed develops and operates cannabis facilities and branded product lines in several U.S. states....

With global demand for hemp surging, China's sector is poised for years of dramatic growth. In 2017, Chinese hemp sales totaled $1.1 billion (USD), approaching 1/3 of the $3.1 billion global market, with sales forecasted to grow to $1.5 billion (up 36%) by 2020. In 2017, textiles accounted for...

By J.J. McCoy, Senior Managing Editor, New Frontier Data Not that the expanding patchwork of licensing regulations for hemp programs throughout the United States can be confusing and uneven, but had Johnny Appleseed faced all the challenges now confronting prospective American cultivators, he...