Tags Hemp Industry Daily

Hemp Industry Daily

Hot ink: CBD makers hoping tattoo-care products will open new $1.6 billion market

3/6/18--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. The trend comes as CBD producers look for non-marijuana retail opportunities amid ongoing legal uncertainty about cannabis’ legal status. Read

Hemp company launches first cannabis line aimed at minorities

2/27/18--The Hemp Excellence is making the cannabis industry’s first play for consumers of color with a line of beauty products aimed at ethnic minorities. The company's 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. The maker of the line, Founder’s Hemp of Asheboro, North Carolina, is in talks to expand Hemp Excellence distribution to South Africa, Ghana, Bolivia and other countries. Read

Trump administration cautions against hemp expansion

2/21/18--The Trump administration doesn’t want to see hemp expanded nationwide in the next Farm Bill because of concerns about overproduction, according to an official. Greg Ibach, undersecretary for the U.S. Department of Agriculture, said current hemp regulations are “fairly narrow” and that the Trump administration doesn’t necessarily want to see that change when the Farm Bill is rewritten this year. Read