Filtered by tag "Hemp"

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 […]

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 […]

By William Sumner, Hemp Business Journal Contributor With passage of the Farm Bill last year, the landscape has changed dramatically for the hemp industry. After decades of prohibition, hemp cultivation is once again legal in the U.S., and states are looking to the crop to help boost their local economies. One such state is Wyoming, whose governor recently signed into […]

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 [...]

By William Sumner, Hemp Business Journal Contributor As businesses start sharing their year-end financial results, one hemp-CBD company hopes to show a breakout year by riding the wave of momentum from 2018. Earlier this month, CV Sciences (OTCMKTS: CVSI) released their financial results for the fiscal year ending on Dec. 31, 2018, posting record growth […]

By William Sumner, Hemp Business Journal Contributor With a Saint Patrick’s Day weekend in sight, the occasion seemed right for the Hemp Business Journal to get into the holiday spirit with an update about the current state of hemp- and cannabis-infused beverages. As detailed in a survey last October by New Frontier Data (parent company […]