HempTalk - Business Blogs and Press Releases

Nevada CBD manufacturer Leafceuticals is expanding into topicals and edibles with the $2.2 million acquisition of California’s Irie CBD products. The acquisition gives Leafceuticals a processing plant in Oakland, California, for expanding its CBD line. The agreement calls for Leafceuticals – a subsidiary of Las Vegas-based Freedom Leaf – to pay $400,000 cash and $1.8 […]

Nevada CBD company buys California firm for $2.2M to expand into topicals, edibles is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

North Carolina’s top hemp regulator is sick of interference from the U.S. Drug Enforcement Administration. Agriculture Commissioner Steve Troxler said in a speech at the Southern Farm Show in Raleigh last week that the federal drug agency is not supposed to use any resources to intervene in the growing and processing of hemp, Southeast FarmPress […]

North Carolina agriculture chief blasts DEA over hemp confusion is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

Two state legislatures scrapped legislation to expand CBD access and allow hemp production. Idaho and Indiana lawmakers said “no thanks” to bills that initially appeared headed toward approval, both at the apparent urging of Republican governors. Republicans also dominate the two state legislatures. In Idaho, where lawmakers passed a CBD bill in 2015 only to […]

Hemp, CBD bills quashed in Idaho, Indiana is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

A growing number of hemp companies are launching products aimed at the tattoo industry, from CBD patches marketed as pain relief to balms and creams designed to speed recovery, to expand their retail opportunities. “A tattoo, it’s basically just an open wound,” said Ali Munk, spokeswoman for Infinite CBD, a Denver company that makes hemp-derived […]

Hot ink: CBD makers hoping tattoo-care products will open new $1.6 billion market is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

Drug charges against 19 business owners selling CBD products in the Nashville suburbs have been dismissed in what hemp advocates are calling a huge win for the state’s new cannabidiol industry. The business owners were accused of selling illegal drugs, and 23 shops were padlocked on Feb. 12. But according to Murfreesboro’s Daily News Journal, […]

Charges dropped in Tennessee CBD raids, but store owners still angry is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

Massachusetts defers recreational marijuana delivery and onsite consumption, Arkansas approves five medical cannabis cultivators, and Washington state grants its floundering hemp program a reprieve. Here’s a closer look at some notable developments in the marijuana industry over the past week. An ‘elegant’ solution The decision by Massachusetts regulators to delay licensing for stand-alone marijuana delivery […]

Week in Review: Massachusetts recreational marijuana delay, Arkansas’ MMJ growers & hemp victory is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

Kentucky checks all the boxes for nourishing a hemp revival.

Climate suited to the plant? Check. Friendly regulations from a state willing to experiment and invest in hemp? Check.
Lots of cheap land and a processing infrastructure that includes in-state decortication and CBD extractors? Check and check.
So why do some agronomists fear that Kentucky has reached its hemp zenith?

Hemp State Highlight: Kentucky invests in hemp but wonders if peak has passed is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

A North Carolina company is making the cannabis industry’s first play for consumers of color with a line of beauty products aimed at ethnic minorities. The Hemp Excellence line of body lotions, lip balms and CBD capsules went on sale this month at two beauty shops that cater to women of color in Winston-Salem, North Carolina. […]

Hemp company launches first cannabis line aimed at minorities is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

Budget writers in Washington state’s House and Senate have restored money to oversee hemp, potentially ending uncertainty after the governor proposed cutting funding for the state’s hemp production program. The hemp lifeline, first reported by Capital Press, comes after the Washington Department of Agriculture stopped issuing hemp licenses because of a budget shortfall and threatened to […]

Washington state’s fledgling hemp program gets lifeline from legislators is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

Response to Pennsylvania’s plan to expand hemp production has been lower than state officials anticipated. The state set an ambitious goal for increasing hemp production this year by offering more licenses and increasing the acreage farmers can use to develop hemp from 5 acres to 100 acres. Pennsylvania Gov. Tom Wolf said when he announced […]

Pennsylvania misses hemp target, but expansion still coming is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

As the hemp industry grows in the United States and around the globe, so too does Marijuana Business Daily’s coverage of it. We’ve launched a new website, Hemp Industry Daily, to provide objective and market-driven coverage of where the hemp sector  is headed and what business leaders and investors need to know to be successful. […]

MJBizDaily launches website dedicated to hemp coverage is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

The co-founder of marijuana vape manufacturer Organa Brands is leaving to start a new company focused on hemp-derived wellness products. Ralph Morgan said he is still exploring a name and headquarters location for his new company, which will produce cannabidiol concentrates marketed to a medical audience, not recreational marijuana consumers. Morgan told Marijuana Business Daily […]

Organa Brands co-founder Ralph Morgan departs for new CBD venture is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

A Vermont hemp processor accused of stealing a contract farmer’s hemp crop won’t be held personally liable for any missing profits. A civil judge dismissed the personal liability case against Vermont Hemp Co. CEO Joel Bedard, according to Heady Vermont, a website that covers the state’s cannabis industry. The lawsuit against the company will continue, […]

Vermont hemp processor wins partial victory in crop dispute is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

The Senate’s top Republican says hemp shouldn’t be a controlled substance, and he plans to introduce a new bill to make the change. Republican Sen. Mitch McConnell made the announcement about the proposed change to federal hemp law Monday in his home state of Kentucky. “It’s now time to take the final step and make […]

McConnell calls for removal of industrial hemp from controlled substances list is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

Police seized boxes of CBD-infused gummy bears from an Alabama company that distributes products to convenience stores after receiving complaints the candies may contain THC. Authorities are testing several boxes of gummies taken Friday from American Wholesale Distributors, according to Birmingham TV station WBMA. A representative from the distribution company told WBMA the products contain only […]

CBD raids spread to Alabama as officials seize gummies over THC concerns is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

Rising acceptance for hemp and CBD – combined with easing regulations at the state level – caused U.S. hemp production to surge in 2017. From 2016 to 2017, the number of acres licensed for hemp cultivation in the top 10 hemp-growing states grew by 140% – while the number of hemp producers doubled over the same […]

Chart: US hemp production soars in 2017 is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

A hemp education hub opening Saturday in New Zealand comes as the nation prepares for a big uptick in hemp growing because of new rules expanding how the plant can be used. According to the New Zealand Herald, the hemp innovation hub will offer consulting and education for interested hemp farmers. The owner of the […]

New Zealand hemp industry taking off with new uses, more acres is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

Indiana’s long-simmering CBD confusion ended with the state’s governor signing a law clarifying that all CBD products are legal as long as they come from hemp and contain low amounts of THC. The new law specifies that anyone can sell or possess CBD products containing less than 0.3% THC and derived from hemp. Gov. Eric Holcomb’s […]

Indiana approves CBD for all, ending months of retailer confusion is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

The largest hemp cultivator in Maine has identified a former blueberry processing plant as its future extraction site. Future Farm Maine – a subsidiary of Vancouver, British Columbia-based Future Farm Technologies – has signed a two-year lease for 12,960 square feet of the 60,000-square-foot building in Belfast, a coastal town about 100 miles north of […]

Maine’s largest hemp grower eyes blueberry plant for processing site is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

Hemp farmers in Canada say overproduction is depressing prices for seeds. The Canadian Hemp Trade Alliance told the Commodity News Service that Canadian seed prices have fallen from about 75 Canadian cents (58 cents) a pound last year to 55 Canadian cents a pound this year. Canada remains the world’s biggest hemp-seed producer, devoting about […]

Canada hemp farmers blame overproduction for drooping prices is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs