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Marijuana manufacturers flock to CBD e-commerce amid ongoing legal confusion

3/20/19--The dominant sales channel for CBD – e-commerce – is becoming a major draw for marijuana manufacturers, who are using hemp-derived CBD to tap into new revenue and a wider consumer base. They’re doing this despite repeated warnings from the U.S. Food and Drug Administration (FDA) that it is illegal to include CBD in food, cosmetics or dietary supplements. Read

Ag Secretary Sonny Perdue issues warning for hemp farmers

3/20/19--As the hype around hemp ramps up and states issue record numbers of licenses to farmers wanting to capitalize on opportunities the new crop may offer, U.S. Secretary of Agriculture Sonny Perdue said he isn’t so sure hemp will be the cash crop everyone is hoping for. Perdue also predicted that hemp farmers would likely avoid further pursuits into the cannabis market. Read

Hemp testing confusion snarls Farm Bill interstate commerce guarantee

3/5/19--The 2018 Farm Bill promised protection for hemp transportation but left states with no uniform way to test THC content. As the industry awaits a national testing standard to determine what is hemp and what is marijuana, some states are talking about updating outdated testing methods for themselves. The updated tests won’t eliminate the problem of varying state testing methods, but they would eliminate the simple yes-or-no on whether the plants contain THC. Read

‘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