We’ve been closely following the trajectory of SB 1409 and on September 30, 2018, Governor Brown signed the bill which will go into effect on January 1, 2019. This legislation is a huge step for California cannabis, in that it will add an industrial hemp pilot program to the California Department of Food and Agriculture’s […]
Hemp Business Executive
Will the FDA/DEA Epidiolex Rulings and the 2018 Farm Bill Change the Industry?
In late June 2018, the Food and Drug Administration announced approval for a new medication that could potentially change the way the world views cannabis. Epidiolex is a CBD-based oral solution that is prescribed to treat two forms of rare epilepsy. Patients who suffer from Dravet syndrome, as well as Lennox-Gastaut syndrome, may find that […]
TGOD Closes Acquisition Of Hempoland, Providing Immediate Accretive Revenue And International Sales
PRESS RELEASE The Green Organic Dutchman Holdings Ltd. (the “Company” or “TGOD”) (TSX:TGOD) (US:TGODF) is pleased to announce the closing of the previously announced acquisition of HemPoland. The transaction has received approval from the Toronto Stock Exchange and cements the Company’s commitment to building shareholder value through international expansion. “HemPoland has proven an ability to […]
Hemp-Derived CBD Will Dominate the Cannabis Industry within 4 Years
In 2016, hemp-derived CBD sales accounted for less than 5% of the cannabis market, but.rapid growth has driven CBD sales to nearly $600 million in 2018, and the Hemp-Derived CBD 2018 Market Overview and Analysis report from Brightfield Group predicts CBD sales will reach $22 billion (40 times its current market size) by 2022, surpassing […]
How legalization of hemp can help New York industry
Trees with fading leaves of early fall surrounded a wide field near Livingston at Old Mud Creek Farm, the home of Hudson Hemp. The site is one of the few legal hemp farms in the state, and may be a harbinger of what could become an agricultural economic driver in New York. “Hemp has tremendous […]
Drug Enforcement Administration Newly Classifies CBD as Schedule V Controlled Substance for Epidiolex
PRESS RELEASE DENVER, CO.—Sept. 27, 2018 Without regard for clear Congressional intent, the United States Drug Enforcement Administration (DEA) continues to act contrary to the express authorizations provided for in Section 7606 of the Agricultural Act of 2014 (the “Farm Bill”) and the Ninth Circuit Court of Appeals’ order in HIA v. DEA III (April 2018). […]
Florida Hemp Program Greenlit and Gearing for Growth
The fledgling pilot project led by University of Florida scientists to explore the potential of producing industrial hemp across the state is getting wings thanks to initial funding from a private partner. Green Roads Inc. has reportedly invested $1.3 million to sponsor the first phase of the UF/IFAS research program. The funds will go to support field trials currently […]
Colorado Loosens Hemp Testing Restrictions
A trio of state health and regulatory agencies have come to an agreement on how to test industrial hemp products in Colorado. In a joint bulletin issued Friday, September 21, the Colorado departments of Public Health and Environment, Agriculture and Revenue announced looser restrictions for licensed marijuana testing labs that wish to test industrial hemp and hemp-derived CBD products. Previously, […]
Elixinol Celebrates OTC Listing of Australian-Based Parent Company Elixinol Global
PRESS RELEASE Elixinol leads company’s growth with global hemp CBD demand DENVER— (September 18, 2018) — Elixinol Global Limited, known as EXL, (ASX: EXL, OTCQX: ELLXF) a global company in the industrial hemp, dietary supplements and emerging medical cannabis sectors, has commenced trading on the “OTCQX Best Market” in the United States under the symbol “ELLXF,” […]
The Ultimate Guide to Marketing Your CBD Start Up Without a Big Budget
Let’s face it, as much as we all wish it was so, starting out really isn’t as easy as becoming an overnight sensation, especially with such a new industry. That simply doesn’t happen. When it comes to getting your name out there, startup marketing is a huge deal. But what can you do when you […]
Edible hemp oil stores arrive in Minnesota, and are proving hugely popular
The first retail store specializing in the sale of pain-relieving, edible hemp products in the Twin Cities is now open. CBD of Maplewood opened last month, and while other retail chains such as GNC now offer hemp oil products, this is the retailer in Minnesota dedicated solely to it. The store carries products manufactured in […]
Delaware bill allowing industrial hemp farming now law
A measure to legalize marijuana was not passed the last legislative session, but a bill paving the way for industrial hemp and another bill allowing for the expungement of marijuana-related convictions were. Gov. John Carney has recently signed them both into law. During a two-day, bill-signing extravaganza, Aug. 28 and Aug. 29, Carney signed 29 […]
New Mexico Moves Closer To Allowing Hemp Cultivation
The state Department of Agriculture is proposing rules that would allow the growing of hemp in New Mexico – a key step in carrying out a 2017 law that Gov. Susana Martinez opposed. The rules outline licensing and testing requirements to ensure that hemp – a relative of marijuana – doesn’t have high levels of […]
Utah Officials Give Green Light For Industrial Hemp Production
Utah Farmers now have the rules and regulations in place to grow industrial hemp. Lawmakers in this year’s legislative session passed two bills giving the Department of Agriculture and Food the task of organizing an industrial hemp program for local producers. Three years ago the farm bill allowed pilot programs to grow industrial hemp for […]
Texas farmers see new source of green in legal hemp
Take a trip down the aisle of the nearest Whole Foods Market and it won’t take long to fill a shopping basket with products trumpeting the health and beauty benefits of a commodity Texas farmers are forbidden to grow: hemp. Lotions, shampoos and shower gels boasting hemp’s essential oils and antioxidants. Shelled seeds, or hemp […]
Global Publicly Traded Company Announces Strong Financial Earnings Largely Due to Demand For Hemp Cannabidiol (CBD)
SYDNEY, AUSTRALIA, Aug. 30, 2018 (GLOBE NEWSWIRE) — Elixinol Global Limited (ASX: EXL, Group or the Company), a global company operating in the industrial hemp, dietary supplements and emerging medicinal cannabis sectors, has reported strong revenue growth for 1H FY2018 (December year end) of AU$14.9m, up 110% on 1H FY2017. Underlying EBITDA of $0.8m was […]
Global Publicly Traded Company Announces Strong Financial Earnings Largely Due to Demand For Hemp Cannabidiol (CBD)
SYDNEY, AUSTRALIA, Aug. 30, 2018 (GLOBE NEWSWIRE) — Elixinol Global Limited (ASX: EXL, Group or the Company), a global company operating in the industrial hemp, dietary supplements and emerging medicinal cannabis sectors, has reported strong revenue growth for 1H FY2018 (December year-end) of AU$14.9m, up 110% on 1H FY2017. Underlying EBITDA of $0.8m was up […]
How to Market CBD Products in the Sea of Uncertainty
There is a lot going on with the CDPH, FDA and anyone else who can burst a bubble about CBD. These “regulations” (term used very lightly) must be necessarily met in order to function properly as well as legally. What are these regulations and how can a CBD vendor become compliant? What is FDA and […]
