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A new study from an industry advocacy group in California examines the content of dozens of unregulated intoxicating “hemp” products that are easily available in the Golden State despite being banned by state law. The study, entitled The Great Hemp Hoax , was released Feb. Hemp not really hemp Speaking in a Feb.
“Many of these establishments are small-to-medium size operators, with their employees keeping their doors open without access to the support systems in place for other businesses, thus depriving them of potentially lifesaving protections.” The majority of these businesses are small-to-medium in size.
Representatives with the United States Small Business Administration (SBA) have reaffirmed that state-licensed cannabis businesses are ineligible for financial aid opportunities because marijuana remains classified as a schedule I controlled substance. The majority of these businesses are small-to-medium in size.
If you are confused by the topic of CBD Hemp oil, you’re not alone. Ninety-nine out of a hundred articles about CBD will tell you that it is extracted from industrial hemp — “the plant with 10,000 uses.”. Yes, CBD comes from hemp. In order to produce hemp for fiber, male plants are desired for their height and strength.
Speaker: Jonathan Bench, International Cannabis and Securities Business Attorney at Harris Bricken
Today, many opportunities exist for individuals and businesses that want to engage in the industry. Some want to directly own licensed businesses, while others prefer to keep the industry at an arm’s length and merely profit from it. The ancillary businesses surrounding these industries where people and businesses are profiting.
Surprising no one, recent findings show that most hemp in Oregon runs hot. This hemp is often sold and marketed online without age verification, in packaging attractive to minors, or at unlicensed retail stores. The technical report at issue runs 45 pages, and covers marijuana as well as hemp. Not a great look overall.
PORTLAND — Federal legalization of hemp arrived in the U.S. late last year and expanded an industry already booming because of the skyrocketing popularity of CBD, a compound in hemp that many see as a health aid. Hemp has almost none — 0.3 Marijuana, illegal under federal law , has enough THC to get users high.
hemp market continues to heat up for a variety of reasons, mainly because the general populace is finally starting to understand the difference between cannabis as marijuana and cannabis as hemp (and the benefits of CBD and other cannabinoids derived from cannabis). hemp producers’ gain. hemp producers’ gain.
Cannabis and hemp have been classified as category 5 narcotics under the Narcotics Act since 1979. indica, and hemp as Cannabis sativa L. The key regulator of cannabis- and hemp-related products is the Thai Food and Drug Administration (Thai FDA), a government agency operating under supervision of the Ministry of Public Health.
In December 2021 the Minnesota Board of Pharmacy declared all CBD and hemp-derived consumables to be illegal in the state. The board’s decision—which was made based on gaps in the 2018 Farm Bill that federally legalized hemp—is outlined in the document from its 901st meeting. Differing Interpretations of Hemp Legality.
While most cannabis and hempbusinesses understand that they must follow a set of guidelines and implement certain quality control factors into their daily operations, many do not understand the depth of compliance and documentation needed to meet all state and federal requirements.
The Food and Drug Administration (“FDA”) had a busy Monday this week. On November 25, the agency issued warning letters to 15 businesses selling hemp-derived CBD (“Hemp-CBD”) products as unapproved drugs. The FDA also released updated consumer guidance on Hemp-CBD. Warning Letters. Consumer Update.
From Hemp Industry Daily… he nascent U.S. hemp industry has not yet developed a mature, standard operating supply chain from seed to sale. The post New Publication: Best Practices for Developing a Reliable Supply Chain for HempBusinesses first appeared on Cannabis Law Report. Because there … Read More.
The Illinois Hemp Growers Association (IHGA)along with hemp processors, retailers, consumers, business owners, and other advocatesis set to host Hemp Lobby Day Jan. The Hemp Lobby Day rally is an oppositional response to Gov. Both bills contain hemp reform but differ on how to do it. 4 from 9 a.m.-4
JB Pritzker hosted a press conference today to voice his support for House Bill 4293 and regulating intoxicating hemp products sold outside of a licensed cannabis dispensary. The Cannabis Business Association of Illinois (CBAI) also quickly responded by applauding Pritzkers support for HB4293 and hemp regulations. Illinois Gov.
House Bill 4293 , which contains the Hemp Consumer Products Act, passed the Illinois Senate today with a vote of 54-1 (and passed the House 105-0 with one present vote on April 15). HB4293 has arrived back in the House for concurrence on the amendments added while in the Senate, including the Hemp Consumer Products Act.
introduced a never-before-seen bill—the Capital Lending and Investment for Marijuana Businesses Act (“the CLIMB Act”). What Business Services Would the CLIMB Act Protect? 8200 intends for a broad interpretation so that cannabis and cannabis-related companies are put on an even playing field with traditional business operations.
Delta-8 and smokable flower are the two products keeping hemp framers alive. Delta-8 is a cannabis product that can be derived from hemp, but still give the consumer a light psychotropic experience. In Georgia, Reginald Reese of Green Toad Hemp Farm told Hemp Benchmarks that delta-8 THC was here to stay. Grasshoppers?
Canaveda Cannabis Institute – Nepal’s first sustainable production and research center dedicated to the hemp plant. “A A large part of the population is really poor, but there is a lot of untapped potential here,” says Leon when he explains via video call what he and his business partners want to achieve in Nepal.
Stakeholders’ ongoing battle over hemp regulations in Illinois continued this week. Lakesia Collins renewed their call to move forward with their proposals for hemp regulations and taxation ( House Bill 5306 , House Bill 4161 , and Senate Bill 3790 ). New sponsored legislation from Sen. Kimberly A. La Shawn K. Ford and Sen.
The 5th Annual Hemp Cannabis Symposium , sponsored by the Southern Illinois University Cannabis Science Center , is set to start at 8 a.m. The Hemp Cannabis Symposium focus is “Cannabis Science: Advancing Academic and Industry Collaboration.” Varies vendors are set to showcase arts, businesses, and organizations from our area.
The Northern Illinois Hemp Hub and Kifcure are set to host the Hemp Building Workshop from 9 a.m.-5 at the Northern Illinois Hemp Hub, located at 5W223 Lees Road in Maple Park, June 20-21. The two-day event will delve into the innovative world of sustainable construction, focusing on the utilization of hemp-based materials.
The 3rd Annual Hemp, Hops & Shrooms festival , produced by the City of Carbondale and Carbondale Main Street , is set for 3-10 p.m. For further questions and information about the Hemp, Hops, and Shrooms festival, contact Carbondale Public Relations Officer at 618-713-0711. Saturday, Sept.
HEMP ROUNDTABLE ANNOUNCES DIVERSE, INFLUENTIAL SLATE OF 2021 NATIONAL OFFICERS. Hemp Roundtable, the hemp industry’s national business advocacy organization, today announced the addition of Hannah Johannes, Natasha Cuda, and James Shorris to its roster of officers for 2021. ABOUT THE US HEMP ROUNDTABLE.
As reported earlier , HB4161 focuses mainly on safety concerns, including permits, licensing, testing, taxes, and a new Hemp Social Equity Fund, but HB4161 also contains amendments that would affect registered Illinois medical cannabis patients and cottage hemp operators as well.
A University of Adelaide project involving hemp has received a substantial grant from the Australian Research Council. Among the projects to score a guernsey – and the only one involving industrial hemp – was from the University of Adelaide’s School of Agriculture Food and Wine. 67 new research projects totalling $31.7
An Idaho-based hempbusiness called Hempitecture has caught the eye of the U.S. While the notoriously anti-cannabis state has tried to place a constitutional ban on cannabis, the state’s industrial hemp industry is excelling. ” Hemp: The New Billion-Dollar Crop. ” Hemp: The New Billion-Dollar Crop.
La Shawn Ford to introduce a new bill for regulating hemp and delta-8 products. Last week, Ford introduced House Bill 4161 , the Consumable Hemp Licensing bill, which focuses mainly on permits, licensing, testing, taxes, and a new special fund known as the Hemp Social Equity Fund. 24-26 and Nov.
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.” SB 5372 went into effect on July 25, 2021, and creates a voluntary registration and certification program that hemp processors can opt-in to in the Evergreen State.
It was also a notable, if not promising month for hemp. Hemp Benchmarks , a division of New Leaf Data Services and leading provider of financial, business, and industry data for the North American hemp markets, recently issued its report for July, which touches on some of the most high-profile talking points of the hemp market to date.
Because of inclement weather, the 3rd Annual Hemp, Hops & Shrooms festival , Off the Rails , and UNCHAiNED Groundbreaking Ceremony has been moved to the Varsity Center, located at 418 South Illinois Ave. The Hemp, Hops & Shrooms festival is still set for this Saturday at 3 p.m. in Carbondale. with the concert starting at 7 p.m.
spring-session deadline yesterday morning but ultimately did not bring either House Bill 4293 , the Hemp Consumer Products Act, nor House Bill 2911 , a cannabis omnibus, to the floor for a vote. The cannabis omnibus and the Hemp Consumer Products Act are still alive and have paths forward. For Illinois News Joint reviews, visit here.
PanXchange has the leading trading and benchmark pricing data in both the US hemp market and the 120 million-ton specialty sand market for US oil and gas extraction. Julie has two patents on the trading system and three pending.
UFC has announced a five-year agreement with Love Hemp, naming it the Official CBD Partner of UFC. In a short time, you’ll see Love Hemp ads and logos across UFC social media and programming on UFC FIGHT PASS (UFC’s streaming service). Who Is Love Hemp? Of course, this new partnership means much more than the terms on paper.
Rod Discusses Legal Challenges Facing Hemp and CBD with The CBD Guide. We discussed a number of topics, including: My first-hand experience with CBD and my path to representing businesses in the cannabis industry. Some of the biggest legal missteps CBD businesses make, and how they can be avoided. June 8, 2021.
VINEYARD, Utah–(BUSINESS WIRE)– #CBD –Dynamic Blending Specialists just became certified by the U.S. Hemp Authority. Hemp Authority® Certification Program is the industry initiative to provide high standards, best practices, and self-regulation, giving consumers and retailers confidence in hemp and CBD products.
Experts at Khon Kaen University (KKU) in Thailand recently gathered to discuss research and academic collaboration related to hemp extraction in order to develop hemp products. The main mission of the institute is to conduct research on hemp and cannabis for benefits in medical and related industrial purposes.
In a blow to freedom and democracy, state lawmakers in Texas banned smokeable hemp. In what many consider an equally heinous move, the Texas Supreme Court upheld the decision to ban smokeable hemp. What’s the hangup with smokable hemp—and what does it mean for people in Texas? Hot Hemp and a History of Cannabis Issues.
Unlike corn or other biomass used for biofuels, Hemp biofuel has not reached its potential highs. What is Hemp biofuel, what is its potential, and why hasn’t it taken off yet? Hemp’s versatility has always been among […].
Any farmer on the margin is going out of business. The post Dutch Farmers’ Protest: Hemp Solutions appeared first on Cannabis News, Lifestyle - Headlines, Videos & Cooking. Their emissions are planet-destroying pollutants, and they’ll have to cut back on everything from livestock to how much they harvest.
Some cannabis dispensaries across the United States are struggling to stay in business. Meanwhile, cannabis storefronts selling hemp-derived THC in other states are having to halt online orders in order to keep up with the volume of sales coming in. These THC products must be derived from hemp rather than cannabis.
SALT LAKE CITY–(BUSINESS WIRE)– #carbon –The Hemp Blockchain, Inc., SALT LAKE CITY–(BUSINESS WIRE)– #carbon –The Hemp Blockchain, Inc., About The Hemp Blockchain, Inc. About The Hemp Blockchain, Inc. The Hemp Blockchain, Inc. Pamela Hanratty.
Thursday, plaintiff Eagle Moon Hemp LLC filed suit against the defendant Isolate Extraction Systems, Inc in the District of Colorado. According to the plaintiff, once the time came to install the machines they arrived after the date specified in the signed agreement and they did not produce as much as the defendant had claimed.
Cannabis Conference and Cannabis Business Times announced the winners of the 2021 Cannabis Leadership Awards , which recognizes industry professionals who exemplify the leadership qualities needed to inspire and empower those around them and who work to better the industry and their communities. EDITOR: Heather Allman.
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