Articles posted by "Chris Hudock"

14Feb
14Feb

GenCanna Exec Explains Two Advantages of THC-Free Hemp

Posted by Chris Hudock
Hemp, Legislation, Marijuana Insights
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By William Sumner, Hemp Business Journal Contributor After decades of prohibition, hemp is at long last legal again in the United States. But problems persist with how law enforcement officials treat the substance. In the last two months, two hemp companies have had shipments seized by law enforcement officials in Oklahoma and Idaho, respectively, with […]
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06Feb
06Feb

Getting Trucked Around: Seized Hemp Case Raises Concerns About Legality and Jeopardy

Posted by Chris Hudock
Hemp, Legislation, Marijuana Insights
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By William Sumner, Hemp Business Journal Contributor While the 2018 Farm Bill effectively legalized hemp production in the United States, hemp companies have not yet been unburdened of fears about legal jeopardy. Late last month, four men were arrested in Pawhuska, Oklahoma, on suspicion of drug trafficking after law enforcement officials discovered that they were […]
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30Jan
30Jan

Some Remarkable Potential Markets for Hemp

Posted by Chris Hudock
Hemp, Legislation, Marijuana Insights
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By William Sumner, Hemp Business Journal Contributor Hemp is an incredibly useful substance. From textiles to soap, hemp and its derivatives can be used as substitutes for various household products.  Yet, beyond everyday items, there are myriad uses for hemp that one can barely imagine. Here are three particularly  remarkable uses for hemp: Building Materials […]
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23Jan
23Jan

An Early Mover in the Industry Seeks Helpful Answers for Hemp Farmers

Posted by Chris Hudock
Hemp, Legislation, Marijuana Insights
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By William Sumner, Hemp Business Journal Contributor In the short while since last December’s passage of the 2018 Farm Bill, the market has started to make dramatic shifts. Cannabis companies like Canopy Growth Corp. (NYSE: CGC) have decided to go all-in on hemp, and existing hemp producers have begun to ramp up their production capacities. […]
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16Jan
16Jan

Getting Busy With Bioplastics: New Applications for an Old Idea

Posted by Chris Hudock
Hemp, Legislation, Marijuana Insights
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By William Sumner, Hemp Business Journal Contributor Since the 2018 Farm Bill was signed into law just before the new year and the installation of the 116th U.S. Congress, the hemp industry has been bristling with activity. For the most part, business has been centered around potential medical applications for hemp’s most famous component, cannabidiol […]
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09Jan
09Jan

Recap: Making Profitable Hay from Passage of the Farm Bill

Posted by Chris Hudock
Hemp, Legislation, Marijuana Insights
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By William Sumner, Hemp Business Journal Contributor Late last month, Congress passed one of the most significant bills in recent memory: the 2018 Farm Bill. In addition to mandating a number of boilerplate provisions(such as expanded farm subsidies), the new law legalizes hemp for the first time in half a century; yet, the devil is […]
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12Dec
12Dec

Farm Bill Effect: Impact on U.S. and Global Hemp Markets

Posted by Chris Hudock
Hemp, Legislation, Marijuana Insights
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By Sean Murphy, Director of Hemp Analytics; J.J. McCoy, Senior Managing Editor, and William Sumner, Hemp Business Journal Contributor Why Revenues of Leading Hemp Companies are Sure to Increase Pending President Trump’s signature next week, the 2018 Farm Bill is poised to restore industrial hemp to nationwide legal production for the first time since World […]
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05Dec
05Dec

Montana-Based Grower and Processor Vitality Quickly Gathering Hemp Market Share

Posted by Chris Hudock
Hemp, Legislation, Marijuana Insights
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By William Sumner, Hemp Business Journal Contributor Last week, news broke that Congressional lawmakers had reached tentative agreement on the 2018 Farm Bill, including an amendment to fully legalize hemp in the United States. Yet, even as the hemp industry awaits final passage, some industry players have already taken steps to enact large-scale growing and […]
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28Nov
28Nov

Direct Selling Cutting Out the Middleman for CBD Products (for Now)

Posted by Chris Hudock
Hemp, Legislation, Marijuana Insights
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By William Sumner, Hemp Business Journal Contributor Direct selling is projected to generate approximately $300 million worth of CBD sales in 2018, according to a report released by Direct Selling News (DSN), an industry publication. Also known as multilevel marketing (MLM), direct selling eliminates a wholesaler or intermediary from a consumer transaction, often through a […]
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21Nov
21Nov

As Congress Bickers Over Farm Bill, MariMed Gets Internationally Busy Down Under

Posted by Chris Hudock
Hemp, Legislation, Marijuana Insights
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By William Sumner, Hemp Business Journal Contributor The international hemp market is heating up. As the industry impatiently awaits passage of the 2018 Farm Bill and pending removal of hemp from the Controlled Substances Act, companies are quickly moving to position themselves as leading suppliers of hemp-based CBD products, and investors are all too happy […]
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