Hemp imports were cited as a main driver for Congress voting in 2014 to authorize limited experimentation with the crop after decades of head-scratching policies allowing hemp to be bought and sold in the United States — as long as it was grown somewhere else. But hemp exports have grown dramatically ever since. Hemp imports… Continue reading Chart: US hemp legalization hasn’t cooled imports
Category: Charts
Chart: Despite buzz around delta-8 THC, cannabinoid cultivation dominated by CBD, CBG
The entire cannabis industry is buzzing about delta-8 THC and other cannabinoids found rarely in the plant but gaining favor among growers and consumers. Indeed, there has been a noticeable shift toward so-called novel cannabinoids among hemp producers surveyed by Hemp Industry Daily. But CBD still rules the roost. Cannabidiol, by far, continues to be… Continue reading Chart: Despite buzz around delta-8 THC, cannabinoid cultivation dominated by CBD, CBG
Genetic editing offers hemp and marijuana companies a way to improve plant strains
This story first appeared at Marijuana Business Daily. The development of new genetic-editing technology offers cannabis companies a cost-effective way to make specific changes to marijuana and hemp plants – such as more disease resistance – without creating a genetically modified organism. The technology, known as Crispr-Cas9, will allow the cannabis industry to build new,… Continue reading Genetic editing offers hemp and marijuana companies a way to improve plant strains
Chart: Making sense of USDA’s new rules for disposing of hot hemp
(Editor’s note: This comes from Hemp Industry Daily‘s free updated USDA Final Hemp Rule report, available for download here.) The mishmash of U.S. hemp rules is on its way out. More than two years after Congress made hemp a legal agricultural commodity, farmers finally have one national set of rules for growing it – instead of a confusing,… Continue reading Chart: Making sense of USDA’s new rules for disposing of hot hemp
Chart: Hemp’s economic impact to US economy could near $16 billion by 2025
The hemp industry may be young, but the niche crop still contributed at least $4 billion to the U.S. economy last year and could contribute nearly $16 billion by 2025. That’s the projection from the new 2021 Hemp & CBD Factbook, an exclusive overview of the hemp market that includes key metrics businesses need to… Continue reading Chart: Hemp’s economic impact to US economy could near $16 billion by 2025
Brexit creates CBD regulatory mess for UK market
If the CBD market is any indication of how other sectors will be affected by the United Kingdom’s divorce from the European Union, buckle your seatbelts. Supply-chain slowdowns and lockdowns due to the Covid-19 pandemic have already made doing business in the UK a challenge. Now, with the confusion surrounding the final Brexit trade deal,… Continue reading Brexit creates CBD regulatory mess for UK market
After years of delay, American Indian tribes still face difficulty realizing new economic opportunities in hemp
(This is the first in a series of stories from Hemp Industry Daily examining the developing hemp markets on tribal lands in the United States. For more detail about tribes growing hemp, check out Hemp Industry Daily’s Hemp & CBD Factbook, available for purchase here.) It’s been more than two years since nationwide hemp legalization offered… Continue reading After years of delay, American Indian tribes still face difficulty realizing new economic opportunities in hemp