Judge: CBD company did not mislead investors

U.S. District Court for the Eastern District of New York Crediting the CBD company’s forthrightness, a federal judge in New York federal judge has dismissed a lawsuit against Massachusetts-based Curaleaf from investors who argued the company misled them about legality of its CBD products. The investors sued when Curaleaf’s share price fell in 2019 after… Continue reading Judge: CBD company did not mislead investors

Pennsylvania awarding grants to promote hemp sales, exports

Pennsylvania is awarding $253,000 to organizations with projects designed to increase sales and exports of hemp products. Pennsylvania’s Department of Agriculture is accepting applications for the grants until March 5, PennWatch reported. Projects aimed at promoting consumer awareness are also eligible. “Hemp has presented a unique opportunity to build an industry from the ground up,… Continue reading Pennsylvania awarding grants to promote hemp sales, exports

Drug possession charges against Minnesota hemp farmer dropped

Prosecutors have dismissed charges against a Minnesota hemp farmer whose plants had elevated THC levels, saying that they had trouble locating witnesses because of delays in the case. Fillmore County prosecutors filed felony possession charges against Luis Hummel  in March 2019 after seizing his plants. They tested at 3% THC, 10 times higher than the THC… Continue reading Drug possession charges against Minnesota hemp farmer dropped

3M eyes hemp for adhesives, packaging replacements — even growing new organs

3M’s Don Davidson uses everyday sticky notes to demostrate how hemp could become part of tomorrow’s adhesives (photo via National Hemp Symposium) Industrial conglomerate 3M Co. thinks hemp can be part of the sustainability “megatrend” and is looking at hemp components to do everything from strengthening packaging tape to helping grow human tissue and organs.… Continue reading 3M eyes hemp for adhesives, packaging replacements — even growing new organs

New Mexico judge repeals hemp regulations that revoked licenses without notice

A New Mexico district court has invalidated the state’s hemp production rules that allowed regulators to revoke or suspend licenses without notice and imposed strict testing requirements. Santa Fe District Court Judge Bryan Biedscheid said the New Mexico Department of Health’s rules were invalid because the agency failed to consult with the Medical Cannabis Advisory… Continue reading New Mexico judge repeals hemp regulations that revoked licenses without notice

Despite pandemic, Midwest hemp producers build regional database to spot best cultivation practices

Want to know the best time to plant hemp in the Midwest? Or what cultivar consistently produces a crop below 0.3% THC? Researchers in the Midwest have successfully pooled that information despite the pandemic, creating a database designed to give farmers an idea of what to expect from their hemp cultivars in 2021 and beyond.… Continue reading Despite pandemic, Midwest hemp producers build regional database to spot best cultivation practices

Clint Eastwood files third suit against CBD companies, saying they’re falsely claiming endorsement

Clint Eastwood has filed a third lawsuit alleging CBD companies are falsely claiming he’s endorsing their products. The legal action is the second the legendary actor has filed against Los Angeles-based Norok Innovation Inc. and its CEO Eric Popowicz but includes a different set of defendants, according to Law 360, which first reported the case.… Continue reading Clint Eastwood files third suit against CBD companies, saying they’re falsely claiming endorsement

Illinois sees more hemp processors but fewer acres as industry matures in agricultural powerhouse

Hemp plants in Groveland, Illinois. Photo courtesy Simple Livin’ Farms. The number of hemp processors in Illinois doubled over the last year as the new industry tries to establish itself in a state that’s already an agricultural powerhouse. Row crops are nothing new to growers in Illinois – one of the top corn-producing states in… Continue reading Illinois sees more hemp processors but fewer acres as industry matures in agricultural powerhouse

Texas hemp company acquires Kentucky-based processor

Dallas-based Generation Hemp Inc. has acquired a processing company in Kentucky with a 48,000-square-foot facility for $5.1 million. The acquisition of Halcyon Thruput LLC  will be payable in $2.5 million of restricted common stock, $1.75 million in cash and a $870,000 promissory note, Generation Hemp said Tuesday. Generation Hemp will also take over $1 million… Continue reading Texas hemp company acquires Kentucky-based processor

Molson Coors, HEXO launch CBD drinks in Colorado

Molson Coors Beverage Co. says it has launched CBD drinks in Colorado through TRUSS CBD USA, its joint venture with HEXO Corp. The beverage line will be available in three flavors – Grapefruit Tarragon, Strawberry Hibiscus and Blueberry Lavender under the name, “Verywell,” Molson Coors and HEXO said Wednesday. The companies first partnered in 2018… Continue reading Molson Coors, HEXO launch CBD drinks in Colorado

California bill to legalize hemp extracts in food, drinks, includes ban on smokable flower

California lawmakers will be faced again with the long-debated question of whether to allow hemp extracts in food and beverages in the state when the legislative session opens Monday, but this time the proposal comes with a twist: The measure would also ban smokable hemp flower – an increasingly popular and unregulated segment of the industry.… Continue reading California bill to legalize hemp extracts in food, drinks, includes ban on smokable flower

Vermont to conduct ‘contactless’ inspections of hemp operators during COVID

Vermont will be conducting contactless inspections of hemp operators to limit person-to-person contact during the pandemic. The Vermont Agency of Agriculture, Food and Markets says the inspections will begin with a phone call, followed by an email and an online form to gather information about number of harvested lots, yields, and results of contaminant testing,… Continue reading Vermont to conduct ‘contactless’ inspections of hemp operators during COVID