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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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Cannabis Consumer Report Highlights Potential Displacement of Alcohol

By John Kagia, Chief Knowledge Officer, New Frontier Data, and J.J. McCoy, Senior Managing Editor, New Frontier Data  “We are our choices”, wrote Jean-Paul Sartre, and no experienced salesperson would disagree. The gap between a company’s sales efforts and its core strategies is a huge — even existential — vulnerability. Understanding that is the key to […]
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Direct Selling Cutting Out the Middleman for CBD Products (for Now)

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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Methodology Behind Archetypes Yields Insights by Confirming Consumer Habits

By J.J. McCoy, Senior Managing Editor, New Frontier Data Who are today’s legal cannabis consumers? To industry outsiders, what may seem like a straightforward question to ponder too often reflexively raises tired stereotypes ranging from Cheech and Chong to Harold and Kumar. Yet, to stakeholders competing in a burgeoning industry worth $10.3 billion in 2018 […]
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As Congress Bickers Over Farm Bill, MariMed Gets Internationally Busy Down Under

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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Election Returns Likely to Usher in Hemp Amendment With Farm Bill

By William Sumner, Hemp Business Journal Contributor Last week, millions of Americans took to the polls to cast their vote in the 2018 midterm elections. Though the implications for the Democratic Party majority’s retaking the House of Representatives are still taking shape, one consequence of the elections could be revival of the 2018 Farm Bill, […]
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Where’s Walmart? Opening of Canadian CBD Market Prompts Speculation About Retail Giant

By William Sumner, Hemp Business Journal Contributor Last month, rumors emerged that Walmart’s Canada division was conducting preliminary investigations into stocking its stores with CBD products, a move many consider to be inspired by Canada’s legalizing adult-use cannabis sales. Though details are not forthcoming, the very rumor of Walmart’s making moves into the CBD market […]
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Fresh Perspectives Arising from the Pacific Rim

By J.J. McCoy, Senior Managing Editor, New Frontier Data The Asia-Pacific region is home to 60% of the world’s population – some 4.3 billion people – including the world’s most populous country, China. To suggest that it offers a modern-day Silk Road for investment and development connecting the East and West is an understatement to […]
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Investors Waking Up to Hemp as Cannabis Stocks Retrace

By Sean Murphy, Director of Hemp Analytics, New Frontier Data Investors are waking up to the hemp industry. Hemp is proving its opportunity for financial returns, and potential for social and environmental impact. While the first five years of the cannabis stock “green rush” was dominated by retail over-the-counter (OTC) traders, family offices and high […]
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Differing State Hemp Regulations, Fees, Present Knotty Choices for Cultivators

By J.J. McCoy, Senior Managing Editor, New Frontier Data Not that the expanding patchwork of licensing regulations for hemp programs throughout the United States can be confusing and uneven, but had Johnny Appleseed faced all the challenges now confronting prospective American cultivators, he might have just stayed home. Make no mistake: Industrial hemp represents booming business, […]
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