Articles posted by "Chris Hudock"

A Gap in Standards Leads to Industry Uncertainty About Synthetic CBD

By William Sumner, Hemp Business Journal Contributor How do you know that the hemp-derived CBD products you have purchased came from hemp and not another source? The answer is, you do not. There are no state, federal, or industry guidelines for companies selling CBD products to disclose how they source their CBD. Facing a serious problem that threatens the mass-market […]
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Confusion and Unsubstantiated Claims Are Still Surrounding CBD Sales

By William Sumner, Hemp Business Journal Contributor When the 2018 Farm Bill was signed into law last year, the Hemp Business Journal (HBJ) had predicted that mass-market retailers would quickly see clear to begin carrying topical products containing hemp-based CBD. In March, the pharmacy retail chain CVS announced it would start carrying CBD products in over 800 stores throughout 10 […]
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For Industry Investment, 2018 Was Terrific But 2019 Looks Even Better

By J.J. McCoy, Senior Managing Editor, New Frontier Data   It may be taken as a given that in the recent past speculators and stakeholders alike have watched a veritable comet’s arc in collective investment amid the cannabis space. An industry worth $910 million in 2015 reached $13.8 billion in 2018, and it seems bound […]
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Concerns and Limitations for Multistate Producers Looking to Market CBD

By Ashley Simpson, Esq., Hoban Law Group Passage of the 2018 Farm Bill has undoubtedly provided comfort to large-scale retailers looking to bring hemp-derived products to retail shelves across the country. The language in the new law clarifies and affirms that hemp is not to be treated as a controlled substance as scheduled under the […]
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Cannabis Industry Investments Q1 2015-Q1 2019

While 2018 saw a blockbuster year (with nearly $14 billion raised) for cannabis investments, 2019 is on pace to blow past that total. According to Bloomberg BI, as of March 22, the 100 public companies tracked in Bloomberg’s cannabis index had generated $3.8 billion, not including private deals or any by public companies outside those […]
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Ask Our Experts 3/31/2019: California’s Business Environment Since Rollout of Statewide Adult-Use Program   

By Beau Whitney, VP and Senior Economist, New Frontier Data   Q: Has California’s business environment improved since the initial rollout of its statewide adult-use program?      A: The California rollout was and continues to be rather messy. Taxes and fees remain the major obstacles for participation in the legal markets. Some communities like […]
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Sealed With a Curse: Uproar Over USHA Certification Prompts a Do-Over

By William Sumner, Hemp Business Journal Contributor Earlier this month, the U.S. Hemp Authority (USHA)  announced 13 companies among the first to receive the organization’s quality-assurance certification seal. Claiming to ascertain high standards and promote best practices, USHA’s Certification Program aims to provide hemp farmers, processors, customers and regulators with the confidence [...]
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Uruguay’s Great Evolving Cannabis Experiment Continues

By J.J. McCoy, Senior Managing Editor, New Frontier Data   In 2014, Uruguay became the world’s first nation to federally legalize cannabis when it implemented an adult-use program three years before likewise establishing a regulated medical-use program. Thus being a pioneer in cannabis reform, it now aims to become a leading exporter of variants for […]
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Registered Uruguayan Cannabis Consumers

In 2014, Uruguay became the world’s first country to legalize adult-use cannabis: Citizens may access it through pharmacies, membership in clubs, or self-cultivation. The most common way that Uruguayans access legal cannabis is through pharmacies, and the number of such customers has been rising — now 77% of registrants patronize pharmacies, up from 68% in […]
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Six Ways Cannabis Companies Can Maximize Their Sale Prices

By Andrew R. Lines, MAI, Principal, CohnReznick; and Beau Whitney, VP, Senior Economist, New Frontier Data Explosive Growth in M&A Activity Consolidation is a natural phase of any industry lifecycle, and as legal cannabis undergoes rapid growth, the market is in a new phase of consolidation. Many players are eyeing the cannabis market, including highly […]
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