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Washington Q&A: Hemp Processor Registration and Hemp Extract Certification

Cannabis Law Report

On April 16, 2021, Governor Jay Inslee signed Senate Bill 5372 (SB 5372), “An Act relating to hemp processor registration and a hemp extract certification into law.” However, Washington does not allow for the sale of ingestible hemp products (other than hemp seed ingredients) and SB 5372 does not change that.

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Hemp and CBD Businesses Could Be Out in the Cold in Minnesota

Veriheal

While the board specified that hemp seed oil (with no CBD or THC) and hemp flower (with 0.3% While the board specified that hemp seed oil (with no CBD or THC) and hemp flower (with 0.3% According to projections from Statista, legal CBD sales in the US will achieve the $1.8 A Threat to a Growing Industry. According to U.S.

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OregonCBD Uses Intelligent Breeding and DNA-Based Tools to Disrupt Hemp Extract Market

Medicinal Genomics

to discuss his blooming seed business, Oregon CBD. Their goal was to disrupt the hemp extract market by breeding CBD-rich plants derived from medicinal cannabis plants that would replace the low-cannabinoid, low-terpene producing fibrous hemp plants that were being used to make extracts. 50% Type II progeny.

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Cannabis Business NAICS & Business Activity Codes

Greenspoon Marder Cannabis Law Group Blog

Around tax time, I get this question a lot: “What is my cannabis business’s NAICS code or Business Activity Code?” The IRS requests your business’s “Business Activity Code” on a tax return filing, which is based on the NAICS code system.

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The Future of Hemp is Genetics

Canna Law Blog

One planting season in, however, farmers aren’t doing so much “exploring” with respect to hemp: instead, the Brightfield Group estimates that 87% of 2019 hemp acreage was planted for CBD extraction. Along those lines, Oregon’s biggest hemp company already is a seed company called Oregon CBD. Will people get rich farming hemp for CBD?

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International Cannabis Brand Cookies Debuts New SKUs in Washington State Through Partnership with Edgemont Group

Cannabis Law Report

–(BUSINESS WIRE)–International cannabis brand Cookies today announced the debut of new top-shelf concentrate and flower product lines at the Cookies Tacoma retail location, with statewide availability coming soon through an exclusive partnership with expert extraction company Edgemont Group , maker of Full Spec and Leafwerx products. .–(BUSINESS

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Panacea Life Acquired by Exactus Inc.

Cannabis Law Report

Beginning at PANA Organic Botanicals located at Needle Rock and throughout its 51,000 square foot, state-of-the-art, cGMP, extraction, manufacturing, testing and fulfillment center located in Golden, Colorado, Panacea operates in every segment of the CBD product value chain. ” said Leslie Buttorff, founder of Panacea. stake in Exactus.