Filtered by tag "CBD"

GenCanna Exec Explains Two Advantages of THC-Free Hemp

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

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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Some Remarkable Potential Markets for Hemp

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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Hemp Update: 2018 in Review

Hemp Update: 2018 in Review by Hoban Law Group attorneys Patrick Goggin and Matthew Smith More than a decade since its seminal ruling in HIA v. DEA II (2004), the Ninth Circuit again weighed in on hemp issues in 2018. Last time around, the Court invalidated a proposed DEA rule that would have prohibited the […]
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An Early Mover in the Industry Seeks Helpful Answers for Hemp Farmers

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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CBD, Still A Restricted Substance

CBD, Still A Restricted Substance By Jeffrey Finkle On December 20th the 2019 Farm Bill was signed into law by President Trump, with overwhelming bipartisan support from both the House (386 to 47) and the Senate (87 to 3). This $867 billion bill will provide needed subsidies for American farmers, strengthens the food stamps (SNAP) […]
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Getting Busy With Bioplastics: New Applications for an Old Idea

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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Recap: Making Profitable Hay from Passage of the Farm Bill

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

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

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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