Cannabis Law Report

SEPTEMBER 27, 2020

The global industrial hemp market size is expected to grow by USD 3.35 billion during 2020-2024. The post Press Release: Global Industrial Hemp Market Analysis Highlights the Impact of COVID-19 2020-2024 | High Demand from Textile Industry to Boost Market Growth | Technavio first appeared on Cannabis Law Report.

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Hemp Law Cannabis 59

The Joint Blog

DECEMBER 19, 2023

As the year 2024 approaches, cannabis businesses must not only adapt to a new business landscape but also triumph over their competition. In 2024, sustainable packaging is not just a buzzword; it’s a business imperative. Consider adopting packaging materials derived from recycled paper, hemp, or compostable plastics.

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Packaging Business Compliance Compliance 26

Cannabis Law Report

FEBRUARY 26, 2020

By 2024, the CBD industry is projected to hit $20 billion. The 2018 Farm Bill legalized industrial hemp production throughout the United States. More than 1 in 4 Americans have tried CBD to relieve pain, stress, and anxiety ? Source: [link]. Author:Azriel Adelberg. MSc Chemistry, University of California, Berkeley.

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Hemp Business CBD Legalization 94

Veriheal

AUGUST 10, 2023

The Maryland Hemp Coalition, hemp farmers, and other hemp-related businesses have filed a suit, challenging Maryland’s new recreational cannabis licensing policy, which they say favors only a special handful of businesses. Drug Enforcement Agency defines hemp as cannabis products containing less than 0.3%

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Hemp THC Programs Business 52

Cannabis Law Report

OCTOBER 4, 2021

4, 2021 /PRNewswire/ — The hemp-based foods market is expected to grow by $ 364.98 mn from 2020 to 2024, progressing at a CAGR of almost 12% during the forecast period, according to Technavio. The hemp-based foods market is fragmented, and the degree of fragmentation will accelerate during the forecast period.

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Food Hemp Research and Development Data 52

Canna Law Blog

MAY 11, 2022

It was also meant to regulate hemp, but earlier this year talks surfaced about removing from the bill. The way we see it, the political climate will not allow for the Cannabis Law Bill to be approved in this legislative term and perhaps not in this administration, set to end in 2024. The answer for now is industrial hemp.

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Hemp Supply Chain Compliance Compliance 78

Canna Law Blog

FEBRUARY 20, 2022

Why New York wants to let hemp licensees cultivate and process cannabis. New York hemp licensees can cultivate, process, and distribute with the cultivator license. This conditional license would permit licensees to temporarily manufacture or process cannabis products until June 30, 2024. Conditional adult-use processor license.

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Hemp Conditions Cultivation Cannabis 84

Veriheal

OCTOBER 25, 2022

It was approved for the residential construction of buildings in 49 states by 2024. . According to Hempbuild Magazine, the approval of hempcrete buildings will be added as an appendix to the 2024 International Residential Code (IRC), which governs 49/50 American state residential building codes. Support for Hempcrete in America.

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Hemp Environment Safety Conditions 138

Canna Law Blog

OCTOBER 29, 2020

The hemp industry is not the only one that’s pushing back against the Drug Enforcement Administration (DEA)’s hemp Interim Final Rule (the “ Rule ”). If you read this blog, you’ll recall the hemp industry sued the DEA following the release of its Rule in August 2020. billion by 2024, increasing from $1.2

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DEA Hemp Extraction Cannabinoids 88

Canna Law Blog

DECEMBER 21, 2023

The concentrates/extracts category sits at 24.7%; edibles/tinctures are 13.7%; inhalable products with “non-cannabis additives” are 7%; “other” is 5.2%; and industrial hemp products bring up the rear at 0.7%. The first big task for CIAO should arise in the 2024 legislative session. Now, it’s all CIAO. THC to 1.0%

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Hemp Retail Compliance Compliance 85

Illinois News Joint

OCTOBER 15, 2023

NECANN has just scheduled its 4 th annual Illinois event for May 31-June 1, 2024, and the Annual SIUC Cannabis Science Center Hemp Symposium will be back for its fifth year. We expect and encourage the variety of events to only expand in 2024 and are looking forward to these new spaces for the Illinois cannabis industry.

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Events Consumption Media Cannabis 99

Cannabis Law Report

SEPTEMBER 30, 2021

Not good news for hemp in southern Oregon. Their alert says… Portland, OR — Results from inspections of legal hemp farms in southern Oregon show that a significant number of plants on those grow sites tested positive for excessive levels of THC, the psychoactive component found in cannabis.

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THC Hemp Recreational Agriculture 52

Canna Law Blog

OCTOBER 29, 2020

The hemp industry is not the only one that’s pushing back against the Drug Enforcement Administration (DEA)’s hemp Interim Final Rule (the “ Rule ”). If you read this blog, you’ll recall the hemp industry sued the DEA following the release of its Rule in August 2020. billion by 2024, increasing from $1.2

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DEA Hemp Extraction Cannabinoids 75

Cannabis Law Report

SEPTEMBER 8, 2019

billion in cannabis spending by 2024. projects as the leading marijuana market in the world by sales in 2024. marijuana spending by 2024. billion by 2024. billion by 2024. billion by 2024. billion by 2024. MF report. United States: $30.1 As should be no surprise, the U.S. In fact, the $30.1

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Pharmaceutical Recreational Patients Hash 45

Veriheal

APRIL 6, 2024

The newest decriminalization bill introduced in January 2024 , meanwhile, seems to have the support to pass. This number doesn’t even account for the countless weed cafes, hemp spas, and consumption lounges that popped up all over the country. Further, the new law would also ban the marketing and advertising of marketing products.

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Decriminalization Recreational Cannabis Hemp 101

Canna Law Blog

FEBRUARY 23, 2024

Low-THC hemp foods were then legalized federally in 2017. The Committee’s reporting date is May 31, 2024. North American, European and other cannabis companies looking for investment opportunities would do well to follow these shifts. Growing cannabis for medicinal and scientific purposes was legalized under federal law in 2016.

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Recreational Legislation Strains Food 100

Veriheal

DECEMBER 19, 2023

Since the passage of the 2018 Farm Bill , which permits the distribution of hemp-derived products at the federal level, the popularity of delta-8, delta-9, and delta-10 products has surged. Understanding Delta-8 and Delta-9 Products Delta-8 and other variants are created from hemp, not traditional cannabis.

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Legalization Edibles DEA Access 112

Cannabis Law Report

JUNE 24, 2019

40B in sales by 2024. billion by 2024, up from $517 million last year, BDS and Arcview said. cannabinoid market is expected to soar, helped by a number of developments, such as the legalization of hemp via the 2018 Farm Bill. — which includes hemp-derived CBD — will reach $44.8 billion by 2024.

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Research and Development Banking Pharmaceutical Cannabinoids 40

Canna Law Blog

FEBRUARY 21, 2024

They will continue to focus on representing cannabis, hemp, and psychedelics-related businesses. And we are looking forward to providing our clients even better service in 2024. Aaron Pelley, Kristin Westphal, Karen Albence, Aaron John, and Elijah Hartman have joined our law firm from Cultiva Law Group.

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Business Cannabis Law Hemp 72

Illinois News Joint

JANUARY 11, 2024

Lobo has recently released a 2-gram hemp-wrapped blunt to the Prairie State, so I stopped into Parkway Dispensary and picked up a MAC 1 sample to see what the label had brought to market. MAC 1 is a hybrid cross of Alien Cookies F2 and Miracle 15. For more Illinois News Joint reviews, visit here.

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Packaging Hybrid Hemp Strains 89

Leafly

DECEMBER 26, 2023

2024 in weed strains, politics and more. The post 30 weed predictions very likely to come true in 2024 appeared first on Leafly.

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Strains Vaping Hemp CBD 140

Cannabis Law Report

SEPTEMBER 29, 2022

Hemp building materials were officially approved in the model US residential building code at a Louisville, KY public hearing overseen by the International Code Council (ICC) last week. The new code will be published in 2023 with Hemp-Lime (Hempcrete) appearing as “Appendix BA.” Hempbuild magazine reports.

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Hemp 52

The Joint Blog

JULY 20, 2020

According to a new report by the Marijuana Moment , a hemp industry executive has been appointed by the U.S. Officials announced the hemp advocates appointment on Friday. Kevin Latner is vice president of marketing for the National Industrial Hemp Council (NIHC). Department of Agriculture (USDA) and Office of the U.S.

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Hemp Agriculture Food Policy 48

Cannabis Law Report

JUNE 24, 2021

OTC PINK:NTRR) has announced it is acquired Deity Wellness, a company focused on the recreational use of hemp-based products. Delta-8 THC and recreational hemp-based CBD should open a strong new source of sales and revenues as we can now serve those wanting medicinal relief and those seeking pleasure.’ About Neutra Corp.

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Recreational Hemp Research and Development THC 66

Cannabis Law Report

NOVEMBER 17, 2019

Canopy Growth’s industrial hemp processing plant in Kirkwood will qualify for a property tax break under a plan set in motion by the Broome Industrial Development Agency this week. Next year and through 2024, Canopy will pay $192,000 in property taxes versus a full tax bill of $312,000.

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Hemp Extraction Cannabis 45

Cannabis Law Report

JULY 16, 2019

VANCOUVER, British Columbia, July 15, 2019 (GLOBE NEWSWIRE) — Segra International Corp. (“ Segra ” or the “ Company ”) an agriculture technology company, is pleased to announce that it has received its Industrial Hemp Grower Registration licence, allowing the Company to commence hemp tissue culture operations in Oregon.

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Hemp Research and Development Agriculture Compliance 40

Canna Law Blog

FEBRUARY 16, 2024

More recently, the OLCC seemed to support to an interstate commerce proposal on marijuana seeds and intoxicating hemp products. Hemp has been hollowed out in Oregon, as I explained in in December. And even when hemp was riding high five years ago, we somehow ended up with the total THC concentration testing standard.

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DEA Seed-To-Sale Hemp Concentrates 80

Canna Law Blog

JANUARY 3, 2024

As part of the preliminary injunction, the Ninth Circuit agreed that the plaintiff was “likely” to succeed in establishing that the products were lawful, if they came from hemp and if they contained under 0.3% The infringer argued that delta-8 products were not lawful. delta-9 THC. delta-8 THC) to goods that may be lawfully used in commerce.”

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THC Hemp Law Treatment 83

Canna Law Blog

JANUARY 18, 2023

The new regime would commence January 1, 2024. After that, the bill provides that OLCC has to submit a report including any legislative recommendations by September 15, 2024. And then submit a report on itself, including any legislative recommendations, by September 15, 2024. HB 2949 – Local hemp regulations.

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Legislation Hemp Retail Consumption 80

Veriheal

JANUARY 8, 2024

Some towns, like Lubbock, are planning to vote on local marijuana usage in 2024. Hemp products, including delta-8 and delta-9 , are also legal in Texas. What’s Next for Texas It’s still largely uncertain when cannabis legalization in Texas may change.

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Marijuana Dispensary Legalization Recreational 62

Cannabis Law Report

NOVEMBER 26, 2019

It is the intention of EuroLife to distribute HANF SWISS hemp cigarettes throughout various bricks-and-mortar outlets in Europe, alongside its own CBD consumer package goods e-commerce marketplace once fully operational. Additionally, according to the same report, 41% of quitters have replaced tobacco entirely with hemp CBD.

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Hemp Cultivation CBD Cannabinoids 59

Veriheal

FEBRUARY 24, 2022

Hemp Building Foundation, a 501-c non-profit division of the U.S. Hemp Building Association or USHBA, for short, filed the necessary paperwork to get the ball rolling. USHBA is focused on a mission “to support and advocate for hemp building professionals, projects and materials in the United States. building codes.

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Hemp Wellness and Beauty Media Environment 98

The Blunt Truth

JUNE 13, 2022

Governor Kevin Stitt signed legislation enacting a moratorium on some new medical marijuana licenses, effective on August 1, 2022 and ending August 1, 2024. Sets a date of July 1, 2024 for automatic expungement of cannabis possession convictions. The moratorium expires March 31, 2024. Development. May 26, 2022. Processors.

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Law Marijuana Legislation Retail 111

Veriheal

NOVEMBER 6, 2023

Further, after several failed attempts to legalize medical cannabis, there’s is finally enough steam to put an initiative on the state’s 2024 ballot. Pro-medical cannabis lawmakers are preparing to introduce medical legalization to the state’s 2024 ballot. delta-9 THC, similar to hemp-derived CBD oils.

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The Cannigma

SEPTEMBER 23, 2022

The next attempt to get medical marijuana on the ballot will likely be in 2024. Industrial hemp was grown in Nebraska as far back as the 1880s but cultivation stopped when the state prohibited the plant in 1927. CBD and CBD products are legal in Nebraska and can be found at hemp stores throughout the state. CBD regulations.

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Law Decriminalization Programs Cultivation 52

Canna Law Blog

FEBRUARY 3, 2020

According to BDS Analytics and Arcview Market Research , the CBD market is expected to surpass $20 billion by 2024 in the United States alone. European markets are complex, particularly when it comes to hemp-derived CBD (“Hemp CBD”). Unlike the U.S. Novel Food Regulations . Different Languages.

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CBD Food Hemp Cannabinoids 84

Canna Law Blog

NOVEMBER 16, 2023

We have also handled a good bit of hemp banking work – mostly in 2019 and 2020 before that industry cratered. It’s also not defined in the 2020 National Credit Union Administration Guidance on banking hemp-related business (“HRB”s) (which we helped create) or the 2020 FinCEN Guidance on that related topic.

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Banking Business Cannabis Hemp 79