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Illinois Hemp regulation battle continues

Illinois News Joint

Stakeholders’ ongoing battle over hemp regulations in Illinois continued this week. Lakesia Collins renewed their call to move forward with their proposals for hemp regulations and taxation ( House Bill 5306 , House Bill 4161 , and Senate Bill 3790 ). New sponsored legislation from Sen. Kimberly A. La Shawn K. Ford and Sen.

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Hemp CBD Across Europe: The United Kingdom

Canna Law Blog

The enactment of the 2018 Farm Bill and the legalization of hemp and hemp derivatives, including cannabidiol (“CBD”), has led to a massive CBD craze in the United States. According to a recent study by Cowen , the sales of these products are expected to reach $16 billion by 2025. Hemp CBD Products. Hemp CBD Foods.

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Hemp Crop Destruction and Legalization Analyzed in Recent Report

SpeedWeed

percent THC, and needed to be destroyed. research, the company states that the average percentage of plants that are considered hot in hemp harvests throughout the U.S. 2018: 111,912 acres of hemp licensed, 78,176 acres planted, (harvest data unavailable for 2018). If a hemp crop was tested to have more than 1.0

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Hemp in Mexico? Start Today!

Canna Law Blog

It has been publicized, however, that neither the Cannabis Law nor the Medical Regulations will provide for regulation of hemp. To us that seems shortsighted, as the global market for hemp is expected to grow from $4.6 billion in 2025. To us that seems shortsighted, as the global market for hemp is expected to grow from $4.6

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NY: CPA & Business Advisory Service Launches Cannabis & Hemp Advisory Practice

Cannabis Law Report

Here’s their press release in full…… DeJoy, Knauf & Blood LLP Launches Cannabis and Hemp Advisory Practice. The new practice leverages the firm’s in-depth cannabis and hemp industry knowledge and expertise of the tax implications, regulatory environment, as well as critical operating and financial procedures.

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Article: Seeding the future of the British hemp industry

Cannabis Law Report

Rebekah Shaman, Managing Director at British Hemp Alliance takes a close look at the future of the British hemp industry in this article. The British Hemp Alliance (BHA), formally the British Hemp Association, was formed in 2018 to lobby for change and remove the barriers to growth that are stopping a thriving UK hemp industry.

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Quick Guide to Cannabis Business Opportunities

Canna Law Blog

billion from 2020 to 2025 at a CAGR of 21.74%. Note that licensing requirements for growing industrial hemp, which doesn’t contain significant concentrations of THC, are different from licensing requirements for THC-containing cannabis plants. If you want to grow industrial hemp, the U.S.