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‘Everybody’s wanting seed’: Hempseed market heats up after Farm Bill passage

1/8/19--The 2018 Farm Bill guarantees interstate commerce for all hemp products, removing requirements that viable hempseeds require approval from the U.S. Drug Enforcement Administration. Plant breeders now have a huge new market open to them as barriers to national hempseed distribution are removed. Read

Colorado company behind Charlotte’s Web CBD strain generates nearly $100 million through Canadian IPO

9/11/18--Charlotte's Web Holdings Inc. is the latest U.S. marijuana firm to launch an IPO on the Canadian Securities Exchange. The CBD company, known formerly as Stanley Brothers Inc., began trading Aug. 30 at $7. The stock price has nearly doubled in its first two weeks on the market, and the IPO generated more than $93 million. 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

Hemp producers in North Dakota holding back amid CBD controversy

6/19/17--As North Dakota’s hemp industry grows, legal questions have kept producers from making one of the crop’s most desirable products. Cannabidiol is a non-psychoactive substance derived from cannabis plants, but the U.S. Drug Enforcement Administration considers most cannabidiol to be a Schedule I illegal drug. The hemp industry argues that cannabidiol derived from hemp is legal because of the 2014 Farm Bill, which allowed for states to set up industrial hemp production. Read