Hemp

As a way to leverage the newly budding cannabis space, Canopy Growth Corp. (NYSE: CGC) has taken several proactive steps in diversification. What Happened Canopy Growth on Monday announced it has entered into an agreement to acquire the assets of ebbu, Inc., a leader in hemp research. The...

By William Sumner, Hemp Business Journal Contributor A victory for the legal hemp industry was struck late last month as California Governor Jerry Brown signed into law SB 1409, to legalize hemp farming in the state. Included in the law are a series of provisions to clarify and resolve various...

By William Sumner, Hemp Business Journal Contributor Last week, the hemp industry was abuzz with the news that the United States Drug Enforcement Administration (DEA) would move Epidiolex, a CBD-based drug derived from cannabis, from a Schedule I substance to a Schedule V substance. The scheduling...

In July, the California Department of Public Health's Food and Drug Branch (CDPH-FDB) threw the burgeoning cannabidiol (CBD) industry into some frenzy by issuing a revised FAQ on CBD in food products, declaring that it cannot be added to any, even if it comes from legal hemp. The move thus...

There are three weeks before the current farm bill is due to expire on September 30, and while negotiations for the Farm Bill 2018 continue in fine-tuning the new 1,000-plus-page legislative piece, the prognosis is positive for the industrial hemp industry. The timeliness of its passage, however,...

Exposure to industrial hemp farming has begun to increase as of late, despite the Controlled Substances Act of 1970, which made the plant illegal to grow in the U.S. This non-psychoactive plant possesses numerous economic purposes, but one recent study suggests its capabilities transcend plastic...

As marijuana slowly gains mainstream approval across the US, some entrepreneurs are looking to the plant for other uses. Hemp is a non-psychoactive variety of cannabis which can be used to make things like wax, paper, clothing and in this case, buildings. Jim Savage, a New York-based former...

With medical and recreational marijuana quickly becoming a booming business in the U.S., farmers with newly issued licenses to grow hemp are finding it difficult to carve out their own place in the market. Hemp farmers in several states are beginning their second growing season this year, though...