Tuesday, November 30, 2021

Lifestyle

North Carolina hemp firm seeks tax breaks from CBD extraction facility plans

A North Carolina hemp producer’s renovation of a former factory for CBD extraction sets it up for roughly $238,500 in tax incentives over the next four years.City of Wilson officials are lauding Criticality’s retrofitting for CBD production as an innovative...

Marijuana Law Reform Advocates Head to Harrisburg

by Kevin Mahmalji, NORML Outreach DirectorSeptember 20, 2018 With a state legislative session spanning almost an entire calendar year, supporters of marijuana law reform efforts in Pennsylvania are working overtime to make sure their voices are heard. That’s why members...

Capitalizing on CBD: New market opportunities with athletes

(This is an abridged version of a story that appears in the September issue of Marijuana Business Magazine.) Athletes have long used cannabis products to fight inflammation and recover from injury, but drug-testing rules and marijuana stigma have often kept it...

Coca-Cola eyes CBD ‘functional wellness beverages’ as soda market cools

The Coca-Cola Co., the world’s largest beverage maker, is looking at a line of CBD beverages, the company confirmed Monday. “Along with many others in the beverage industry, we are closely watching the growth of nonpsychoactive CBD as an ingredient in functional wellness...

Hemp hangs in balance as Farm Bill talks stall

Entrepreneurs hoping for a long-awaited hemp expansion from Congress are nervously watching as the end-of-the-month deadline nears.Hemp farmers hoped to see quick action on the 2018 Farm Bill, including a provision to take hemp off the Controlled Substances Act...

Federal judge shuts down West Virginia hemp farm over seed allegation

A federal judge has ordered a West Virginia hemp farm to shut down over allegations that the operation illegally imported seeds from Kentucky. U.S. Attorney Mike Stuart argued that Grassy Run and its affiliated company CAMO Hemp WV received about 5,000...

Capitalizing on CBD: How hemp businesses are shaping the market and winning new customers

(This is an abridged version of a story that appears in the September issue of Marijuana Business Magazine.) Dr. Priyanka Sharma had a thriving global business in chemical pharmaceuticals, traveling the world setting up factories extracting fish oil for nutritional supplements. But...

Aurora makes big move into European hemp, CBD market

Continuing its global acquisition spree, Aurora Cannabis acquired two Lithuanian hemp companies for 6.3 million euros ($7.3 million) in cash and stocks.Edmonton, Alberta-based Aurora acquired hemp grower and processor Agropro UAB, which has some 4,000 acres growing hemp, and Agropro’s...

Oregon marijuana growers eye opportunities in hemp

(This is an abridged version of a story that appears at MJBizDaily.com.) As Oregon cannabis prices continue to sink to new lows amid a product glut, outdoor marijuana growers are turning their sights to MJ’s cousin: hemp. The pivot allows growers...

No CBD in food, no applications from felons under new Utah hemp rules

Utah approved new hemp rules to allow production to begin with the next growing season – and while the regulations allow for cannabinoid extraction, adding CBD to foods is a strict no-go. The state plans to charge hemp farmers $500 for...
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First US Injection Sites to open in New York City

New York City has authorized two separate Safe Injection Sites to be opened within the city, the first to...
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