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A new study from an industry advocacy group in California examines the content of dozens of unregulated intoxicating “hemp” products that are easily available in the Golden State despite being banned by state law. The study, entitled The Great Hemp Hoax , was released Feb. Hemp not really hemp Speaking in a Feb.
“Many of these establishments are small-to-medium size operators, with their employees keeping their doors open without access to the support systems in place for other businesses, thus depriving them of potentially lifesaving protections.” The majority of these businesses are small-to-medium in size.
Representatives with the United States Small Business Administration (SBA) have reaffirmed that state-licensed cannabis businesses are ineligible for financial aid opportunities because marijuana remains classified as a schedule I controlled substance. The majority of these businesses are small-to-medium in size.
Two weeks ago, the Illinois Department of Agriculture (IDOA) announced that proposed amendments involving provisions to the Illinois Industrial Hemp Act had been moved to a Second Notice. The changes to the Industrial Hemp Act were originally proposed on Dec. These rulemakings will be considered at the meeting on Nov.
Speaker: Jonathan Bench, International Cannabis and Securities Business Attorney at Harris Bricken
Today, many opportunities exist for individuals and businesses that want to engage in the industry. Some want to directly own licensed businesses, while others prefer to keep the industry at an arm’s length and merely profit from it. The ancillary businesses surrounding these industries where people and businesses are profiting.
Floridas cannabis and hemp industries are undergoing significant regulatory shifts. From proposed legislation targeting hemp products to new rules affecting packaging and labeling, heres what you need to know about the latest developments in the Sunshine State. Hilary Cassel, also seeks to regulate hemp extract products.
If you are confused by the topic of CBD Hemp oil, you’re not alone. Ninety-nine out of a hundred articles about CBD will tell you that it is extracted from industrial hemp — “the plant with 10,000 uses.”. Yes, CBD comes from hemp. In order to produce hemp for fiber, male plants are desired for their height and strength.
25-5-427 and regulated by 6 CCR 1010-24 ), a landmark bill regulating intoxicating hemp products in the state. This legislation followed recommendations from the Intoxicating Hemp Task Force, which was established a year earlier under SB 22-205. In June 2023, Colorado Governor Jared Polis signed SB 23-271 (codified in C.R.S.
Surprising no one, recent findings show that most hemp in Oregon runs hot. This hemp is often sold and marketed online without age verification, in packaging attractive to minors, or at unlicensed retail stores. The technical report at issue runs 45 pages, and covers marijuana as well as hemp. Not a great look overall.
PORTLAND — Federal legalization of hemp arrived in the U.S. late last year and expanded an industry already booming because of the skyrocketing popularity of CBD, a compound in hemp that many see as a health aid. Hemp has almost none — 0.3 Marijuana, illegal under federal law , has enough THC to get users high.
Cannabis and hemp have been classified as category 5 narcotics under the Narcotics Act since 1979. indica, and hemp as Cannabis sativa L. The key regulator of cannabis- and hemp-related products is the Thai Food and Drug Administration (Thai FDA), a government agency operating under supervision of the Ministry of Public Health.
In December 2021 the Minnesota Board of Pharmacy declared all CBD and hemp-derived consumables to be illegal in the state. The board’s decision—which was made based on gaps in the 2018 Farm Bill that federally legalized hemp—is outlined in the document from its 901st meeting. Differing Interpretations of Hemp Legality.
While most cannabis and hempbusinesses understand that they must follow a set of guidelines and implement certain quality control factors into their daily operations, many do not understand the depth of compliance and documentation needed to meet all state and federal requirements.
The Food and Drug Administration (“FDA”) had a busy Monday this week. On November 25, the agency issued warning letters to 15 businesses selling hemp-derived CBD (“Hemp-CBD”) products as unapproved drugs. The FDA also released updated consumer guidance on Hemp-CBD. Warning Letters. Consumer Update.
The Illinois Hemp Growers Association (IHGA)along with hemp processors, retailers, consumers, business owners, and other advocatesis set to host Hemp Lobby Day Jan. The Hemp Lobby Day rally is an oppositional response to Gov. Both bills contain hemp reform but differ on how to do it. 4 from 9 a.m.-4
That’s an immediate tax win for state-legal businesses. Theoretically, we could even see a similar situation with hemp play out. Because the 2018 Farm Bill removed hemp from the definition of marijuana—but didn’t reference § 811(d)(1)— the AG could, today, place hemp back into Schedule I.
JB Pritzker hosted a press conference today to voice his support for House Bill 4293 and regulating intoxicating hemp products sold outside of a licensed cannabis dispensary. The Cannabis Business Association of Illinois (CBAI) also quickly responded by applauding Pritzkers support for HB4293 and hemp regulations. Illinois Gov.
What are some myths and facts when it comes to hemp biodiesel? So what are the myths and facts regarding hemp biodiesel? He intended to liberate small business owners from their energy concerns, thereby decreasing the power and influence of […].
introduced a never-before-seen bill—the Capital Lending and Investment for Marijuana Businesses Act (“the CLIMB Act”). What Business Services Would the CLIMB Act Protect? 8200 intends for a broad interpretation so that cannabis and cannabis-related companies are put on an even playing field with traditional business operations.
Delta-8 and smokable flower are the two products keeping hemp framers alive. Delta-8 is a cannabis product that can be derived from hemp, but still give the consumer a light psychotropic experience. In Georgia, Reginald Reese of Green Toad Hemp Farm told Hemp Benchmarks that delta-8 THC was here to stay. Grasshoppers?
Canaveda Cannabis Institute – Nepal’s first sustainable production and research center dedicated to the hemp plant. “A A large part of the population is really poor, but there is a lot of untapped potential here,” says Leon when he explains via video call what he and his business partners want to achieve in Nepal.
Have you ever imagined building a giant weed fort from bags of bud or hemp bricks? The future is now as hemp bricks are entering the mainstream, and not just for building forts! The post Building something better with hemp bricks appeared first on Latest Cannabis News Today - Headlines, Videos & Stocks.
The 5th Annual Hemp Cannabis Symposium , sponsored by the Southern Illinois University Cannabis Science Center , is set to start at 8 a.m. The Hemp Cannabis Symposium focus is “Cannabis Science: Advancing Academic and Industry Collaboration.” Varies vendors are set to showcase arts, businesses, and organizations from our area.
House Bill 4293 , which contains the Hemp Consumer Products Act, passed the Illinois Senate today with a vote of 54-1 (and passed the House 105-0 with one present vote on April 15). HB4293 has arrived back in the House for concurrence on the amendments added while in the Senate, including the Hemp Consumer Products Act.
HEMP ROUNDTABLE ANNOUNCES DIVERSE, INFLUENTIAL SLATE OF 2021 NATIONAL OFFICERS. Hemp Roundtable, the hemp industry’s national business advocacy organization, today announced the addition of Hannah Johannes, Natasha Cuda, and James Shorris to its roster of officers for 2021. ABOUT THE US HEMP ROUNDTABLE.
And while hemp and marijuana are essentially from the same plant, their difference is in their legal status based on the concentration of THC. Hemp typically contains 0.3% On Tuesday, May 2, 2023, the Florida House approved a bill that imposes no THC caps on hemp products. Nonetheless, business owners pushed back on it.
As reported earlier , HB4161 focuses mainly on safety concerns, including permits, licensing, testing, taxes, and a new Hemp Social Equity Fund, but HB4161 also contains amendments that would affect registered Illinois medical cannabis patients and cottage hemp operators as well.
The 3rd Annual Hemp, Hops & Shrooms festival , produced by the City of Carbondale and Carbondale Main Street , is set for 3-10 p.m. For further questions and information about the Hemp, Hops, and Shrooms festival, contact Carbondale Public Relations Officer at 618-713-0711. Saturday, Sept.
For many cannabis brands, licensing their trademarks can be a savvy business move (for more information on cannabis trademarks generally, check out our webinar, Trademarking Cannabis: Cutting Through the Legal Haze ). And dont forget: many cannabis businesses still operate on a largely cash basis due to banking restrictions.
A University of Adelaide project involving hemp has received a substantial grant from the Australian Research Council. Among the projects to score a guernsey – and the only one involving industrial hemp – was from the University of Adelaide’s School of Agriculture Food and Wine. 67 new research projects totalling $31.7
An Idaho-based hempbusiness called Hempitecture has caught the eye of the U.S. While the notoriously anti-cannabis state has tried to place a constitutional ban on cannabis, the state’s industrial hemp industry is excelling. ” Hemp: The New Billion-Dollar Crop. ” Hemp: The New Billion-Dollar Crop.
La Shawn Ford to introduce a new bill for regulating hemp and delta-8 products. Last week, Ford introduced House Bill 4161 , the Consumable Hemp Licensing bill, which focuses mainly on permits, licensing, testing, taxes, and a new special fund known as the Hemp Social Equity Fund. 24-26 and Nov.
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.
On April 16, 2021, Governor Jay Inslee signed Senate Bill 5372 (SB 5372), “An Act relating to hemp processor registration and a hemp extract certification into law.” SB 5372 went into effect on July 25, 2021, and creates a voluntary registration and certification program that hemp processors can opt-in to in the Evergreen State.
It was also a notable, if not promising month for hemp. Hemp Benchmarks , a division of New Leaf Data Services and leading provider of financial, business, and industry data for the North American hemp markets, recently issued its report for July, which touches on some of the most high-profile talking points of the hemp market to date.
Because of inclement weather, the 3rd Annual Hemp, Hops & Shrooms festival , Off the Rails , and UNCHAiNED Groundbreaking Ceremony has been moved to the Varsity Center, located at 418 South Illinois Ave. The Hemp, Hops & Shrooms festival is still set for this Saturday at 3 p.m. in Carbondale. with the concert starting at 7 p.m.
PanXchange has the leading trading and benchmark pricing data in both the US hemp market and the 120 million-ton specialty sand market for US oil and gas extraction. Julie has two patents on the trading system and three pending.
UFC has announced a five-year agreement with Love Hemp, naming it the Official CBD Partner of UFC. In a short time, you’ll see Love Hemp ads and logos across UFC social media and programming on UFC FIGHT PASS (UFC’s streaming service). Who Is Love Hemp? Of course, this new partnership means much more than the terms on paper.
The Northern Illinois Hemp Hub and Kifcure are set to host the Hemp Building Workshop from 9 a.m.-5 at the Northern Illinois Hemp Hub, located at 5W223 Lees Road in Maple Park, June 20-21. The two-day event will delve into the innovative world of sustainable construction, focusing on the utilization of hemp-based materials.
Is cannabis legal for business purposes in Australia? Industrial hemp (low-THC cannabis) is regulated under separate licensing frameworks in most Australian jurisdictions. Laws apply to business activities of all kinds at the local government level. What are the penalties for violating cannabis business laws?
Greg Abbott vetoed a bill that would have banned consumable hemp products containing THC ingredients in the state, but said he’s open to lawmakers passing a new effort to regulate what has become a booming business. AUSTIN, Texas — Texas Gov.
Rod Discusses Legal Challenges Facing Hemp and CBD with The CBD Guide. We discussed a number of topics, including: My first-hand experience with CBD and my path to representing businesses in the cannabis industry. Some of the biggest legal missteps CBD businesses make, and how they can be avoided. June 8, 2021.
Any farmer on the margin is going out of business. The post Dutch Farmers’ Protest: Hemp Solutions appeared first on Cannabis News, Lifestyle - Headlines, Videos & Cooking. Their emissions are planet-destroying pollutants, and they’ll have to cut back on everything from livestock to how much they harvest.
Unlike corn or other biomass used for biofuels, Hemp biofuel has not reached its potential highs. What is Hemp biofuel, what is its potential, and why hasn’t it taken off yet? Hemp’s versatility has always been among […].
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