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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.
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.
The CRTA transfers authority over the Medical Cannabis Program from the Department of Health to the OCM, and in process overhauls some aspects of the program. This new OCM also would assume authority of the Hemp & CBD industry in New York while making big changes in this sector of the cannabis industry as well.
are clear: Oregon marijuana farmers who recently produced a 2x surplus of marijuana can switch to growing hemp for export markets, as long as Oregon hemp farmers can grow hemp strains that fit the definition of hemp under the newly released USDA interim final rules ; other U.S. are being scrutinized more closely.
Texas has one such cannabis program in flux, with a new bill being introduced that may change the legality of recreational marijuana within the state. The Current Status Of The Texas Cannabis Program Currently, recreational marijuana is not legal in Texas. The Texas medical cannabis program allows for no more than 0.5%
According to recent reports, the hemp-derived cannabidiol (“Hemp-CBD”) market is expected to grow by 700 percent by 2020 and grow to $2.1 Given this significant growth forecast, sensitive business information (also known as trade secrets) has become an incredibly valuable asset for Hemp-CBD stakeholders. billion by 2020.
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.
Financial institutions that work with marijuana businesses must conduct due diligence to ensure that marijuana businesses are complying with state law. That has made it very difficult for many hemp and hemp-derived CBD (“Hemp-CBD”) businesses to access bank accounts. That is changing.
Citing growth in hemp-related commerce, the NCUA emphasized the need for credit unions to understand the gamut of regulation across jurisdictions in order to lend lawfully to hemp-related businesses. First , as of December 20, 2018, hemp is no longer designated as a federally controlled substance.
9, 2021 -– SafeHerb, a division of Specialty Program Group, is introducing… Read More. The post New Commercial Insurance Product to Cover Cannabis and HempBusiness from Seed to Sale first appeared on Cannabis Law Report. February 9, 2021 PRESS RELEASE BRENTWOOD, TN, Feb.
Also this week, the House Committee on Small Business held a hearing to discuss the economic and employment opportunities in the emerging legal cannabis industry and the challenges that federal prohibition and criminalization pose in regards to the Small Business Administration. CA resident? CA resident? Update : S. NC resident?
First-of-Its-Kind Program Supports Veterinary Education, Helps Dispel Stigmas. With this program, VETCBD gives back to the veterinary community while investing in the future of veterinary medicine and research. About VETCBD Hemp. VETCBD Hemp improves the lives of animals through cannabis.
On November 20th, the Washington State Department of Agriculture (“WSDA”) released the hemp cultivation plan (the “Plan”) that it intends to submit to the US Department of Agriculture (“USDA”) along with a corresponding set of hemp regulations (“Hemp Rules”). This post will provide an overview of Washington’s hemp plan.
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
On February 27, 2019 both the Food and Drug Administration (“FDA”) and the United States Department of Agriculture (“USDA”) provided new insights and guidance related to their proposed regulatory processes for hemp under the 2018 Farm Bill. The USDA has started to gather information to begin the process of rulemaking.
More hemp research makes for better hemp contracts. Last Thursday, Oregon State University (“OSU”) officials announced plans to launch the Global Hemp Innovation Center (“Hemp Center”). Let me add a few more reasons why the hemp industry should be thrilled about the Hemp Center. 3% “total THC”?
House of Representatives’ Small Business Committee will hold a hearing on Wednesday on the challenges and opportunities small businesses face in the cannabis industry. Update : SB 34 was heard and approved by the Assembly Business And Professions Committee on 6/11/19. CA resident? CA resident? CA resident? NH resident?
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.
The USDA provided clarifying instructions in its September 2018 Instruction on Organic Certification of Industrial Hemp Production for the UDSA’s policy regarding the organic certification of industrial hemp production by certifying agents accredited by the USDA National Organic Program (NOP).
The Agriculture Improvement Act of 2018 ( 2018 Farm Bill ) legalized hemp by removing the crop and its derivatives from the definition of marijuana under the Controlled Substances Act (CSA) and by providing a detailed framework for the cultivation of hemp. Today we turn to Pennsylvania.
Hawaii has put forth new regulations surrounding the cultivation of hemp, a class of cannabis plants that contain 0.3% When it comes to hemp—and the world of cannabis in general—frequent and chaotic changes are the name of the game. The History of Hemp Regulations in Hawaii. The Newest Hemp Regulations in Hawaii.
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?
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.
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.
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.
23, 2022 /PRNewswire/ — SafeHerb, a division of Specialty Program Group, LLC, is introducing a new executive protection insurance program for the cannabis and hemp industry as an expansion to their current property and casualty capacity to meet the growing needs of their customers. About Specialty Program Group.
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.
The Agriculture Improvement Act of 2018 (“ 2018 Farm Bill ”) legalized hemp by removing the crop and its derivatives from the definition of marijuana under the Controlled Substances Act (“CSA”) and by providing a detailed framework for the cultivation of hemp. When it comes to hemp, few states have embraced hemp like Colorado.
This Act amends the Controlled Substances Act to reduce the number of instances in which federal law enforcement agencies could carry out legal actions against state-licensed cannabis businesses or other related enterprises. Update : SB 34 was approved by the Senate Business, Professions and Economic Development Committee on 4/3/19.
Legislation is pending, Senate Bill 165, to establish a medical marijuana access program for qualified patients with a physician’s recommendation to access medical marijuana from licensed retail outlets. Legislation is pending, House Bill 847, that seeks to criminalize the possession and transportation of hemp flower in the state.
Front Range Biosciences® (“FRB”), a cannabis and hemp genetics platform company, announced today plans to begin a partnership with Colorado’s leading medical and adult use cannabis operator, Native Roots Cannabis Co. We’re proud they chose our technology platform to help them improve the consumer experience and reach their business goals.”.
If you’ve been following the hemp scene in Washington state, you know it’s been a bit of a roller coaster. The latest “drop” comes in the form of an August 1 memo from the Washington State Department of Agriculture (“WSDA”) titled Restrictions on the use of hemp CBD as a food ingredient.
Back in September 2018, I wrote about how important it was for hempbusinesses to carefully plan the routes they would use to ship hemp and hemp products, including hemp-derived CBD. This is because some states are hostile towards hemp and do not recognize a difference between hemp and marijuana.
It’s common to see articles these days related to the positive economic impacts of hemp legalization. Most of these articles focus on job creation, opportunities for farmers, or opportunities for businesses chasing the CBD craze. Revitalization of industrial properties is now happening with hemp processing.
Unfortunately still the position for most banks and hemp. Shortly after the 2018 Farm Bill passed, legalizing industrial hemp, we predicted that banking services for hempbusinesses would be slow going. That has proven to be the case. For this reason, a bipartisan pair of U.S. Senators, Sen.
Hemp was legalized federally just over a year ago. During the run-up, legislators from Mitch McConnell to Ron Wyden said things like “[b]y removing hemp from the federal list of controlled substances, farmers can explore the bright future of this versatile crop, found in everything from a coffee mug to your car dashboard.”
Governor Laura Kelly (D) of Kansas signed industrial hemp production legislation into law. Update : AB 286 is scheduled for a hearing in the Assembly Business And Professions Committee on 4/23/19. Click here to email your lawmakers in support of compassionate care programs. CA resident? CA resident? CA resident? CA resident?
The United States Department of Agriculture announced on Monday that it is aiming to release its “Interim Final Rule” for the establishment of a domestic hemp production program in August of 2019. According to the notice, “This action will initiate a new part 990 establishing rules and regulations for the domestic production of hemp.
New York State is set to legalize and regulate cannabis for adult-use, and improve our existing medical marijuana and hempprograms by April 1st with the 2020-2021 NYS Budget. YES MRTA= % of tax revenue from marijuana legalization is allocated specifically for a Community Reinvestment Grant program.
California is on the brink of legalizing hemp-derived cannabidiol (“Hemp CBD”) in many products—well, sort of. Even if it passes though, Hemp CBD may not be completely legal in the Golden State. For a discussion of the FDA’s policy memos which claim that Hemp CBD is illegal, see here and here ).
On October 12, 2019, Governor Newsom announced that he had signed SB-153 , a bill aimed at making significant changes to California’s hemp cultivation law. As I’ve written before , the bill is a major change for California hemp laws for the following reasons: The bill adds a new definition of “industrial hemp”.
At the state level, Governor Jay Inslee of Washington launched a new program and began granting pardons to those with past criminal misdemeanor marijuana-related convictions on their record. Legislation is pending, Senate Bill 1557, to expand the state’s low-THC medical cannabis oil program. TN resident? MO resident? New Hampshire.
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