Cannabis Law Report

DECEMBER 29, 2021

Delta AG planted its first crop of over 5,000 acres of hemp across Colorado, Kentucky and West Texas in May 2020 and just harvested its second crop of over 10,000 acres in October. They noticed similarities between the hemp industry and the oil and gas business in the early 2000s, Merritt said. The Dallas Morning News reports.

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Oil Hemp Business Cannabis 52

Cannabis Law Report

NOVEMBER 18, 2020

The internal market for hemp and CBD derived products is projected to reach 5 billion Polish Zlotys (over 1,25 billion USD) until 2025. As the … Read More. The post CBD oils and legal cannabis market in Poland first appeared on Cannabis Law Report.

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SpeedWeed

AUGUST 24, 2021

Texans will have the ability to legally manufacture smokable hemp products after all. A judge in the Travis County District Court in Texas ruled that a ban on smokable hemp in the state is unconstitutional—siding with several hemp companies that filed a lawsuit , challenging the 2019 ban on smokable hemp products passed by Texas lawmakers.

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Greenspoon Marder Cannabis Law Group Blog

SEPTEMBER 30, 2019

Franklin, Tennessee (just south of Nashville) will be the location of The International Hemp Auction & Market (IHAM), being billed as largest hemp auction to date in the United States. Case, Chief Executive Officer (CEO) of Southern Hemp Marketplace in a statement.

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Cannabis Law Report

DECEMBER 15, 2021

Rising demand for hemp owing to its medicinal and dietary benefits is driving the growth of the hemp industry globally across sectors, including pharmaceuticals, food and beverages, and cosmetics. The global industrial hemp market size was valued at USD 3.61 billion (over USD 480 million) by 2025. billion by 2028.

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Cannabis Law Report

OCTOBER 18, 2021

Since the 2018 Farm Bill loosened limitations on hemp production, you have heard a lot about hemp’s enormous economic potential. MarketsandMarkets projects that the industrial hemp market will increase from $4.6 billion by 2025. All crops have distinct obstacles in their growth, and hemp is no exception.

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SpeedWeed

MARCH 4, 2021

Dateline: [FIFE, WASHINGTON, March 2021] — In an ongoing effort to have the most comprehensive selection of cones, tubes, industrial machines , and packaging for the pre-roll sector of the hemp and cannabis industry, Custom Cones USA is proud to now offer the Mega Industrial Cannabis Grinder. from 2019 to 2025. View original article.

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Cannabis Law Report

JANUARY 11, 2022

The legislation in question not only enables the hemp industry but also the use of cannabis for therapeutic purposes, authorizing the production of cannabis plants – including those with THC. Based on this, with the Health authorities, we will review the final text before issuing a decision.

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SpeedWeed

AUGUST 5, 2021

research, the company states that the average percentage of plants that are considered hot in hemp harvests throughout the U.S. 2018: 111,912 acres of hemp licensed, 78,176 acres planted, (harvest data unavailable for 2018). 2019: 511,442 acres of hemp licensed, 242,565 acres planted, 134,059 acres harvested. Shutterstock.

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Hemp Legalization Data THC 52

Canna Law Blog

MARCH 7, 2020

Food and Drug Administration (“FDA”) continues to drag its feet in forging a clear path for the sale and marketing of hemp-derived cannabidiol (“Hemp CBD”) products, foreign agencies and industry players are leading the way by adopting their own sets of regulations. Be derived from hemp grown in the U.S.

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CBD Wellness and Beauty Research and Development Hemp 133

Cannabis Law Report

DECEMBER 14, 2019

million) in Jersey Hemp. The partners say the funding will go toward the construction of an extraction facility and provide working capital for Jersey Hemp in the company’s second year of hemp growing and CBD production. billion) by 2025. Obvious’ opportunity.

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Cannabis Law Report

JANUARY 13, 2020

Data Science isn’t new, but using it to grow hemp is. By 2025, legal marijuana sales in the United States alone are expected to reach $23 billion. How are hemp farmers keeping up? AI can also find impurities stunting the hemp plant’s growth, such as mold. These are not the only technologies farmers are using to grow hemp.

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Cannabis Law Report

JUNE 24, 2021

OTC PINK:NTRR) has announced it is acquired Deity Wellness, a company focused on the recreational use of hemp-based products. Delta-8 THC and recreational hemp-based CBD should open a strong new source of sales and revenues as we can now serve those wanting medicinal relief and those seeking pleasure.’ About Neutra Corp.

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Recreational Hemp Research and Development THC 66

Veriheal

APRIL 6, 2024

This number doesn’t even account for the countless weed cafes, hemp spas, and consumption lounges that popped up all over the country. billion by 2025. Singapore, meanwhile, announced that travelers caught bringing back cannabis or hemp products from Thailand are subject to the death penalty.

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Cannabis Law Report

NOVEMBER 17, 2019

Canopy Growth’s industrial hemp processing plant in Kirkwood will qualify for a property tax break under a plan set in motion by the Broome Industrial Development Agency this week. From 2025 through 2029, property tax payments will be $252,000, and from 2030 through 2034, $282,000.

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Dykema (Cannabis Law Blog)

JUNE 7, 2023

The bill legalizes the production and sale of marijuana flower concentrates, topical and edible products, immature cannabis plants and seeds, and hemp-derived THC products. Legal retail sales do not begin until early 2025. All changes to Minnesota’s medical marijuana program take effect on March 1, 2025.

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Recreational Legalization Marijuana Seed-To-Sale 76

Cannabis Law Report

JULY 7, 2022

In 2018 United Cannabis Corporation (“UCANN”) filed the first cannabis patent infringement lawsuit against Pure Hemp Collective, Incorporated (“Pure Hemp”) in the United States District Court of Colorado. [1] 1] In the lawsuit, UCANN asserted that Pure Hemp had infringed U.S. Pure Hemp Collective, Inc., 3] [link]. [4]

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Cannabis Law Report

FEBRUARY 7, 2020

Rebekah Shaman, Managing Director at British Hemp Alliance takes a close look at the future of the British hemp industry in this article. The British Hemp Alliance (BHA), formally the British Hemp Association, was formed in 2018 to lobby for change and remove the barriers to growth that are stopping a thriving UK hemp industry.

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Cannabis Law Report

MARCH 13, 2019

Here’s their press release in full…… DeJoy, Knauf & Blood LLP Launches Cannabis and Hemp Advisory Practice. The new practice leverages the firm’s in-depth cannabis and hemp industry knowledge and expertise of the tax implications, regulatory environment, as well as critical operating and financial procedures.

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Cannabis Law Report

FEBRUARY 10, 2022

Legalization : The three major east coast markets expected to launch legal adult-use markets in 2022 (New York, New Jersey, and Virginia) should generate nearly $11 billion in sales by 2025, accounting for nearly one-quarter of all legal U.S. Global Expansion: With?Germany’s companies to announce?partnerships, cannabis market opportunity.

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Veriheal

JANUARY 18, 2023

Research commissioned by the Centre for Medicinal Cannabis pinned a £1 billion valuation on the CBD market by the year 2025. The brand, which was born after Jordan, Joel, Jesse, Jon, Jared, J Austin, and Josh Stanley tweaked a hemp strain , has evolved into a globally respected name in the industry. CBD sales. .

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SpeedWeed

FEBRUARY 21, 2021

Researchers in Poland have demonstrated the positive effects of hemp extracts on skin cells, including antioxidant activity, the ability to hydrate skin, enhanced viability of skin cells, and inhibition of the aging process. Hemp extracts were tested in a number of in vitro and cell-based assays. billion by 2025.

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Cannabis Law Report

NOVEMBER 1, 2019

While the UK’s CBD market is huge, the fact that UK hemp farmers are prohibited from processing flowers and leaves from their crops requires them to rely on imports to sustain that market. billion EUR ) by 2025. billion EUR ) by 2025. Now delayed until Jan. Read on at [link].

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Hemp CBD Medicine Cannabis 55

Cannabis Law Report

JULY 16, 2021

billion in 2025 at a CAGR of 8%. Cannabidiol and hemp (CBD) are a new category of drinks that are fast-growing among organic soft drinks. The market is expected to reach $7.43 The organic soft drinks market consists of the sale of organic soft drinks and related services.

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CBD Hemp Food Environment 98

Cannabis Law Report

APRIL 2, 2022

To date, most UK consumers have had access primarily to CBD isolate products and may be unaware of the potential benefits of the entourage effect from full-spectrum CBD like Charlotte’s Web, which includes all of the cannabinoids, terpenes and flavonoids extracted from the whole hemp plant. billion by 2025. billion by 2025.

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Food CBD Extraction Hemp 52

Cannabis Law Report

JULY 20, 2021

GEO), a leading manufacturer and distributor of premium certified organic soils and nutrients specifically designed to optimize the purity and yield of cannabis and hemp cultivation, will close its Regulation A+ crowdfunding raise this Friday, July 23, 2021 at 11:59 pm. .–(BUSINESS WIRE)–The Good Earth Organics, Inc.

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DEA Cultivation Access Hemp 98

Cannabis Law Report

JULY 27, 2022

By many estimates, the global cannabis economy is expected to exceed $95B by 2025. This is by and large what we’re seeing with hemp in the United States since the passage of the 2014 and 2018 Farm Bills, mainly through the extraction of non-psychoactive cannabinoids, like cannabidiol (CBD). The third lane is wellness and food products.

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Cannabis Law Report

SEPTEMBER 26, 2021

The global CBD & Hemp wellness market is growing rapidly – forecast to reach USD18 billion in 2025 – with Asia increasingly representing a sizable portion of the market as regulations adapt to the categories, and more brands enter the region. About eCargo. About Mellow.

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eCommerce Hemp CBD Business 52

Puff Puff Post

FEBRUARY 24, 2020

billion by 2025 growing at an impressive CAGR of 32.6%. Earlier this year GemmaCert unveiled the industry’s first presumptive field test to effectively detect the percentage of THC present in cannabis, as low as 0.2%, to accurately distinguish within minutes between hemp and cannabis.

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CBD Safety Pharmaceutical Media 96

Cannabis Law Report

FEBRUARY 10, 2020

ZIMBABWE has begun harvesting its first crop of legally cultivated industrial hemp after it decriminalised cannabis in 2018 to tap into the multi-billion-dollar industry. Last year, the Zimbabwe Industrial Hemp Trust (ZIHT) planted five varieties of European industrial cannabis on a 10-hectare plot at Harare Central Prison.

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Data Hemp Cultivation Collective 59

Veriheal

SEPTEMBER 21, 2022

After acknowledging the money-making opportunities in Thailand—the University of Thai Chamber of Commerce predicts that the combined hemp and cannabis markets will generate 43 billion baht ($1.2 billion) by 2025—Berner decided to introduce his brand to the Southeast Asian country’s market.

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Illinois News Joint

MAY 23, 2024

The battle over hemp regulations in Illinois shifted significantly today when Senate Amendment 002 was included into unrelated House Bill 4293 , which addresses the Massage Licensing Act and the Sex Offender Registration Act. The Hemp Consumer Products Act was referred to Executive , where the amendment was recommended for adoption.

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CannaTech

JUNE 23, 2019

In the decade since he became a first-mover in the nascent American cannabis industry, Charles has worked with cannabis and hemp clients across US states where cannabis is legal and is currently widening his firm’s footprint in the expanding global hemp market place. Charles Feldmann, Esq. “Doveryai, no proveryai ( ????????

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Cannabis Law Report

SEPTEMBER 10, 2022

If adopted, these proposals would dramatically reshape Oregon’s hemp industry and implicate the entire national market, and create new classes of crimes and increased penal sanctions for illegal marijuana production in Oregon that may mark a larger national reversion to war-on-drugs policies and mentalities. concentration threshold.

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Cannabis Law Report

OCTOBER 22, 2019

Allows cannabis businesses to claim state tax deductions and credits available to other legal businesses in the state for each taxable year beginning on or after January 1, 2020, and before January 1, 2025. Authorizes a laboratory testing cannabis or cannabis products to amend a certificate of analysis to correct minor errors.

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Cannabis Law Report

NOVEMBER 23, 2021

Herbify CDB oils are designed to be used orally on a daily basis and contain organic hemp seed oil and CBD extract, essential fatty acids, vitamins, and minerals, as well as herbs, to form an important component of an individual’s self-care routine for physical and mental wellbeing. Herbify Logo (CNW Group/Greenrise Global Brands Inc.).

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SpeedWeed

MAY 14, 2021

billion market that analysts say cannabis beverages will comprise by 2025. Hell, even this publication announced the debut of its own mango kush hemp beer for sale in Australia last year. . Molson Coors , Constellation Brands, and Anheuser-Busch InBev have also dabbled, utilizing partnerships with Canadian corporations.

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