Hemp businesses walk a fine line when describing the health benefits of their products: Make a claim without evidence or wording that misleads consumers, and soon the legal fees will pile up. The U.S. Food and Drug Administration has guidelines for acceptable claims to make on labels for dietary supplements – the closest fit for
The stage for Democratic control of Congress and the presidency is all set with Joe Biden and Kamala Harris sworn in as president and vice president. With Biden joining the office as the 46th President, the “Biden Blue Wave,” as analysts call it is going to be a major catalyst for the US cannabis industry.
Since New Jersey voted to legalize recreational marijuana earlier this month, lawmakers and vendors alike have been working around the clock to create a new marketplace. For some medical dispensaries, expansion is on the docket not just for New Jersey – but across the country. “New Jersey has done a phenomenal job in leading the
Aphria, a global cannabis lifestyle consumer packaged goods company, is surging today. The company reported strong Q2 earnings with a net revenue of $160.5 million, an increase of 33 percent from the prior year. Aphria CEO Irwin Simon says the pandemic has driven the demand for cannabis, and joins ‘Closing Bell’ to discuss its business.
Nationwide hemp rules released in the closing days of the Trump Administration aren’t on hold, according to the U.S. Department of Agriculture. But the agency will be reviewing all programs implemented by the previous administration, as is common when there is a new president. USDA spokesman Matt Herrick told Hemp Industry Daily in an emailed
(This is the second part of a two-part story from Hemp Industry Daily examining the developing hemp markets on tribal lands in the United States. Read the first installment here. For more detail about tribes growing hemp, check out Hemp Industry Daily’s Hemp & CBD Factbook, available for purchase here.) Hemp and CBD companies have been working with
Farmers still making sense of long-delayed nationwide rules for growing hemp in 2021 and beyond got another wrinkle Wednesday when the incoming administration of President Joe Biden ordered a “freeze” on new regulations. The memo instructed federal agencies — including the U.S. Department of Agriculture, which oversees hemp production — to consider additional 30-day comment
(This is the first in a series of stories from Hemp Industry Daily examining the developing hemp markets on tribal lands in the United States. For more detail about tribes growing hemp, check out Hemp Industry Daily’s Hemp & CBD Factbook, available for purchase here.) It’s been more than two years since nationwide hemp legalization offered
Companies selling vaping products online, including those with CBD cartridges, will be forced to find an alternative to the U.S. Postal Service to ship their products and will face additional regulations come this summer. That’s because in late December, when Congress approved another appropriations bill to keep the government running, lawmakers also passed the “Preventing
Circle K Stores Inc. wants to block a California hemp and marijuana holding company from using a design mark with “K” inside a circle. In a filing first reported by Law 360, the convenience-store chain is asking the U.S. Trademark Trial and Appeal Board to oppose a registration application from Medical Marijuana Inc. of Poway,
Federal agriculture rulemakers at the U.S. Department of Agriculture released final hemp production rules on Friday, in the final days of the Trump Administration. Changes to the final rule were based on public comments from farmers and industry members about interim hemp rules released in 2019 and are set to take effect on March 22.
The chairman of the National Industrial Hemp Council, Patrick Atagi, will serve on the U.S.’s Agricultural Technical Advisory Committee for Trade in Tobacco, Cotton and Peanuts. Members of the committee provide guidance and recommendations on trade policies to the U.S. Department of Agriculture and the Office of the U.S. Trade Representative. “It’s an honor to
Hemp producers will have more breathing room under newly released rules on the federally mandated THC levels before they are declared criminally negligent, with the margin of error increasing from a total of 0.5% to 1% THC. Hemp farmers and testing agents will also have more time to harvest plants after testing, with the harvest
After wildfires ravaged the West Coast in 2020, scorching millions of acres of land and damaging businesses and crops, including countless farms and businesses in the cannabis industry, the U.S. Departments of Agriculture and Interior will lead a new Interagency Wildland Fire Subcabinet, focused on wildfire management. According to the USDA, the Executive Order on
Some $13 billion in additional agricultural aid for pandemic-impacted farmers should start going out by end of month. Agriculture Undersecretary Bill Northey says the funds could go out even before the inauguration of President-elect Joe Biden on Jan. 20. “We certainly have some things we would like to be able to get out very quickly,”
A federal judge in California has tapped the brakes on a lawsuit from a hemp grower who saw the state’s Department of Fish and Wildlife bulldoze 500 acres of his plants. Apothio LLC is suing the state and also Kern County authorities for $1 billion after the plants were razed in 2019. Apothio argues that
Daniel Fernandez is hoping for a hemp renaissance in Spain this year with the launch of a new Spanish industry association. But first, the Galicia native says federal authorities need to be educated on the economic possibilities of the crop so that Spain can tap underlying potential for collaboration on hemp projects with Portugal, Eastern
New York Gov. Andrew Cuomo is calling for the legalization and regulation of marijuana for recreational use by adults, his third attempt in as many years to get the drug fully legalized in the state. Cuomo, a Democrat, announced his proposal Wednesday as part of his upcoming State of the State agenda for the year.
Federal food and drug officials said Friday that they plan to fill in current CBD research gaps with “real world data” — but industry advocates are frustrated that regulators haven’t done enough to clear up the rules, which has caused supply-chain bottlenecks while leaving consumers to navigate an increasing field of unregulated products. An update
California lawmakers will be faced again with the long-debated question of whether to allow hemp extracts in food and beverages in the state when the legislative session opens Monday, but this time the proposal comes with a twist: The measure would also ban smokable hemp flower – an increasingly popular and unregulated segment of the industry.
Smoking marijuana is illegal in Texas, but could that change? Nine new bills were introduced Monday ahead of the January 2021 legislative session. STORY: https://bit.ly/3pCbcnx
Aurora Cannabis CEO Miguel Martin says they are close to a ‘tipping point’ in making cannabis more accessible to Americans after the Democrats took over the majority in the Senate. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC
Vermont will be conducting contactless inspections of hemp operators to limit person-to-person contact during the pandemic. The Vermont Agency of Agriculture, Food and Markets says the inspections will begin with a phone call, followed by an email and an online form to gather information about number of harvested lots, yields, and results of contaminant testing,
Here’s what you need to know about the future of marijuana legalization in the United States, from its racist beginnings to today. RELATED: https://bit.ly/3nivTCz TRENTON, N.J. – New Jersey legislators have passed landmark bills which, if signed into law, will allow New Jerseyans to possess, buy and sell — with taxes levied — marijuana for
GenCanna, a Kentucky hemp and CBD company that filed for Chapter 11 bankruptcy in February, has dropped a suit against CBD company Medterra for unpaid invoices worth $4.5 million. GenCanna, now known as OGGUSA Inc., had sued Medterra last month, alleging that the latter failed to pay for shipments of CBD extracts and other products
Read more about Garland’s nomination at Marijuana Business Daily. President-elect Joe Biden has settled on Merrick Garland as his nominee for U.S. attorney general, multiple news organizations reported Wednesday, tapping a federal judge to oversee the Department of Justice, which includes the Drug Enforcement Administration. Garland, chief judge of the U.S. Court of Appeals in
Hemp entrepreneurs are starting the new year looking to play a role in global efforts to reduce plastic pollution. Canada has rolled out a list of single-use plastics that will be banned in the country by the end of 2021. Restrictions on single-use plastics include straws, coffee stirrers, drink rings, plastic cutlery, take-out food containers