A Las Vegas-based marijuana operator has sent its first shipment of CBD hempseeds to Asia, as part of a new partnership with a Thailand-based company. Audacious Brands entered a partnership with Golden Triangle Health, a subsidiary of the publicly traded NRF, to supply major consumer packaged goods companies with white-label and branded products. The seeds
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Canadian hemp is speeding onto the world stage in the 2022 Winter Olympics opening Friday in Beijing. Calgary, Alberta-based processor Canadian Greenfield Technologies sent more than 60,000 pounds of its NForce-Fiber for use in competition luge and bobsled tracks. The fibers were used in place of plastic fibers as a concrete strengthener. The company sells
Australian marijuana producer Creso Pharma Ltd. is the latest company entering the United States via a CBD maker. Creso Pharma announced this week that it is buying Sierra Sage Herbs in an all-stock deal worth $21 million. Based in Lyons, Colorado, Sierra Sage Herbs makes a range of wellness products including some with and without
California marijuana operator Moxie is suing the billionaire family backing insolvent Green Growth Brands, claiming fraud in connection with a $310 million merger deal in 2019 that was scrapped. Moxie, as MXY Holdings, filed the suit this week in Delaware’s Chancery Court against the Ohio-based marijuana and CBD company’s founder, Joseph Schottenstein, his family members
Fresh off its first survey of the American hemp industry, the U.S. Department of Agriculture is proposing a deeper analysis of the sector through another survey in partnership with the University of Kentucky. The USDA recently gave notice that it plans to survey roughly 20,000 hemp producers to find out more about market conditions. “There
A suburban Atlanta county is wrongly seizing hemp-derived THC products and scaring businesses away from legal products, according to an Atlanta law firm that is suing to stop the practice. The lawsuit asks a state court to block seizures or arrests in Gwinnett County, where a district attorney recently wrote a nonbinding opinion that intoxicating
Utah has outlawed smokable hemp and CBD in food under a new law that also punts oversight of the plant’s production to the U.S. Department of Agriculture. The law, signed by Gov. Spencer Cox Monday, makes Utah the sixth state to defer to federal authorities on regulating hemp cultivation. The law also makes it a
A Colorado hemp company has filed a corruption lawsuit against Gov. Jared Polis and several of his advisers, saying that a 2020 bidding process to oversee the Colorado Hemp Advancement and Management Plan was rigged. BoCo Farms alleges in the 125-page suit filed last month that Polis and others conspired to make sure a Denver
The U.S. Senate gave unanimous approval to a bipartisan bill to “cut the red tape” that stalls scientific research into the medical properties of cannabis and cannabidiols. According to a news release issued Thursday by U.S. Sen. Dianne Feinstein, a California Democrat, the Senate approved S. 253 on a voice vote. The measure – which
Toronto-based cannabis company Flora Growth Corp. says it has the United States, Germany and Mexico in mind as its closes a $30 million cash-and-stock acquisition of Miami-based JustCBD. The deal announced Monday includes $16 million in cash and an additional 9.5 million privately issued Flora common shares to the companies that own and operate JustCBD,
Minnesota regulators voted to allow small amounts of THC in over-the-counter hemp products. The vote, held Wednesday by the Minnesota Board of Pharmacy, follows a decision in late 2021 by a state appeals court, which said the distinction between marijuana and hemp stops at the plant. That ruling put in question the legality of products
Cannabis retailers in Georgia won at least a temporary legal victory against an Atlanta-area district attorney who had been aggressively trying to shut down hemp-derived THC product sales. According to The Associated Press, Fulton County Superior Court Judge Craig Schwall issued a 30-day restraining order against Gwinnett County District Attorney Patsy Austin-Gaston, who had seized
CBD product manufacturer and franchiser SunFlora has been accused of deceptive trade practices by several business partners in Pennsylvania, according to a new lawsuit filed against the company in federal court. The suit, filed Friday by Joseph Gradwell, Christopher Miller, Greg Muiter and Melanie Vaughan, alleges that the Florida-based company tricked them in 2019 into
Hemp foods maker Manitoba Harvest plans to launch its new line of hemp powders blended with green tea leaves and other greens through grocery chain Whole Foods Markets. A distribution deal announced Wednesday pairs ground hemp protein with other “on-trend plant-based ingredients” such a matcha, a powder made from green tea leaves. Manitoba Harvest’s Hemp+
U.S. health authorities are signing off on human trials of CBD to treat opioid addiction. The U.S. Food and Drug Administration gave the green light this week to Ananda Scientific to start human testing of its CBD drug Nantheia ATL5, the company announced. The trials will be run out of UCLA and are funded by
An Idaho man is accusing his onetime partner of foiling a hemp-processing venture in Montana and making off with some $2 million. Jeremiah Skaggs says in the lawsuit that Clinton Boone was hired by Isotex Health LLC of Texas in 2019 to start a CBD processing facility in Lincoln, Montana. Isotex promised locals that the
Federal agriculture regulators gave the green light to state hemp production plans for both Oregon and Connecticut, allowing them to move forward with regulating hemp and registering producers for the 2022 season. Hemp production throughout the U.S. must now comply with the final regulations developed for the U.S. Department of Agriculture’s Domestic Hemp Production Program
Hemp was lauded as a climate-smart commodity for its use as a construction material by U.S. Agriculture Secretary Tom Vilsack this week as he highlighted new funding opportunities for farmers. Speaking at a university in Missouri, Vilsack pointed to hemp Monday when he announced that the U.S. Department of Agriculture will invest $1 billion in
Federal agriculture regulators continue to approve hemp production plans for state and tribal programs following the Jan. 1 deadline when pilot programs were due to expire and the final rules under the 2018 Farm Bill were set to take effect. Most recently, the U.S. Department of Agriculture approved hemp production programs for Alaska, Arizona and
Santa Fe Farms of New Mexico has bought a Colorado hemp-genetics firm to establish a line of propietary genetics. High Grade Hemp Seed of Longmont, Colorado, will retain its name and location but will become a subsidiary of Santa Fe Farms, which grows hemp on about 200 acres but does not have its own line
Mexico’s Chamber of Deputies has approved a bill to allow regulated marijuana and hemp industries. But the pending law still has hurdles to overcome and it could be years before a flourishing industry emerges. Lawmakers in Mexico’s lower house voted largely in support of the bill, with 316 votes in favor and 129 against. There
Socially disadvantaged farmers including those in the hemp industry are in line for new debt-relief funds in the $1.9 trillion American Rescue Plan of 2021. The legislation, which passed in the U.S. Senate Saturday and awaits changes and a final vote in the House, directs the U.S. Department of Agriculture to make payments to Black
An Oregon hemp producer seeking $2.5 million in damages after its warehouse was raided by authorities looking for illegal marijuana suffered a big setback in federal court. U.S. Magistrate Judge Mark Clarke ruled that the search warrant used when authorities raided Oregonized Hemp Co., a farm and farm service contracting business, was valid. The Grants
The nationwide hemp rules are taking effect March 22 as planned, with no additional delay or review because of the changed administration at the U.S. Department of Agriculture. The USDA gave notice Monday that the rules have been reviewed and are cleared to take effect as planned. The USDA was giving the hemp plan a
Solar-powered vehicles built from hemp are being reserved from an automaker in San Diego, which expects to go into production by the end of 2021. Aptera Motors, a startup, high-efficiency vehicle manufacturer, has developed a three-wheeled vehicle that can transport two people, and uses a solar array that can be supplemented with more solar panels
Hemp-derived CBD giant Charlotte’s Web Holdings is positioning itself to enter THC and marijuana markets. The Boulder, Colorado, company says it has signed a five-year, $8 million purchase agreement option with a marijuana company started by its founders, Stanley Brothers USA Holdings Inc. The deal allows Charlotte’s Web to take over the marijuana business after
Canadian Rockies Hemp Corp., a decorticator and processor near Edmonton, Alberta, says its expansion plans to become the largest hemp processing facility in North America are back on track after a $14 million (CAD$18 million) infusion from Merida Capital Holdings, a private equity cannabis investment fund. The loan will be used to help the processor
An expanding tissue-culture laboratory with locations in Washington and Canada has entered into a joint venture with Australis Capital, a U.S. spinoff of Canadian marijuana producer Aurora Cannabis. 3 Rivers Biotech Inc., an agricultural technology company that specializes in commercial-scale micropropagation for marijuana, hemp and traditional crops including vegetables and fruit, will own 85% of
The nation’s state agriculture departments have joined the call for raising the THC limit in hemp from 0.3% to a full 1%. But the National Association of State Departments of Agriculture did not say in its policy statement how states propose making that change. The platform was adopted Thursday during the group’s winter meeting. The
Federal agriculture officials plan to collect hemp acreage and production data from thousands of U.S. farmers in the coming months. The U.S. Department of Agriculture published a notice in the Federal Register late last month, requesting permission to gather data about hemp production from the White House. Though the type of data USDA is after
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