A rare cannabinoid that mimics the effects of delta-9 THC but can easily be produced from CBD is grabbing headlines and delivering impressive profits to extractors battling slumping prices for other hemp extracts.
Unique cannabinoid delta-8 divides can…
Hemp Industry News
Mexico’s lower house approves landmark cannabis legalization bill
Mexico’s Chamber of Deputies approved a bill in general to lay the legal foundation for regulated marijuana and hemp industries, but the pending law still has hurdles to overcome and it could be years before a flourishing industry emerges. Lawmak…
CBD producer Charlotte’s Web plans marijuana entry with $8M acquisition
(A version of this story first appeared at Hemp Industry Daily.) Charlotte’s Web Holdings, a Colorado-based, hemp-derived CBD leader, said it signed a five-year purchase agreement option to acquire a marijuana company for $8 million. The marijuan…
Hemp, marijuana growers provide strategies for success in producing field-grown cannabis
We’ve all heard the idiom, “Failing to plan is planning to fail.” But the sentiment is especially true for the spring outdoor planting season. Whether producing industrial hemp or outdoor-grown marijuana, growers can take steps to prepare themselves—an…
Marijuana trimming machine maker sues Border Patrol for impeding parts
A company that produces agricultural equipment for marijuana and hemp businesses filed a lawsuit in Seattle charging the U.S. Customs and Border Protection with wrongly impeding imports from Canada of components needed by its Washington state subsidiar…
Tuatara-backed SPAC raises $175 million to target cannabis acquisitions
Tuatara Capital Acquisition, a cannabis-focused special purpose acquisition company (SPAC), said it raised $175 million in an initial public stock offering with an option for its underwriters to purchase and sell an additional $26.3 million worth of se…
California’s Humboldt County permanently bans hemp cultivation
Humboldt County in Northern California’s famed Emerald Triangle permanently banned outdoor cultivation of low-THC hemp varieties.
California’s Humboldt County permanently bans hemp cultivation is a post from: Marijuana Business Daily: Financial, …
Mexico’s medical marijuana program offers firms a chance to enter new adult-use industry
Marijuana and hemp companies keen to participate in Mexico’s emerging medical cannabis program should start preparing now, attorney advise, noting it will give businesses a leg up in entering the nation’s adult-use industry once it launches.
MexicoR…
Market for licensed marijuana businesses heats up as buyers snap up retail stores, other properties
The market for buying and selling licensed cannabis businesses has perhaps never been hotter, with demand fueled by new entrants into the industry, hopes for federal marijuana reform and multistate operators keen to expand their footprint. On the flip …
CBD producers must avoid health claims while promoting products, feds say
It’s the Wild West out there!” How often have you heard that statement made about health claims for products containing CBD? But here’s the thing: It’s not the Wild West, Lesley Fair, senior attorney with the Federal Trade Commission, noted in a recent…