You Wear What You Eat…New Materials Start-up ‘Circular Systems’ Turns Food Crop Waste Into Sustainable Fashion

Waste = abundant fiber resources

NEW YORK: Circular Systems S.P.C. (Social Purpose Corporation) is a materials science company focusing on converting agricultural, industrial and post-consumer wastes into high value textile fibers for the fashion industry. The company was confirmed as the first place winner of the 2018 Global Change Award, which recognizes the most exciting sustainable fashion developments, at a ceremony in Stockholm. Read the full article…

Craft Distillery Celebrates 4/20 With Legal Cannabis-Infused Vodka Cocktail

The Hemp Highball is made with Humboldt's Finest cannabis infused vodka

CALIFORNIA: Humboldt Distillery is planning to celebrate 4/20 with cocktails using their cannabis-infused vodka Humboldt’s Finest.  Their award-winning infused vodka is available in a growing number of markets across the country including Arizona, California, Florida, Georgia, Illinois, Michigan, Mississippi, New Mexico, Texas and Wisconsin. “Humboldt’s Finest is infused with a legal food-grade hemp, without any detectable THC, so it’s legal Read the full article…

US Senate Majority Leader McConnell introduces Hemp Farming Act 2018

McConnell Hemp Bill McConnell Hemp Bill

DISTRICT OF COLUMBIA: “It’s a historic day in America for the hemp industry”, said Geoff Whaling, Chairman of the National Hemp Association. “Senators McConnell, Wyden, Paul and Merkley have introduced a bi-partisan Senate Bill that not only raises awareness about the potential of this crop, it puts our industry in a position to meet its Read the full article…

Proposed CBD Ban Endangers Patients Warns Texas Cannabis Industry Association

CBD is a major part of the growing legal cannabis market

TEXAS: Texas Cannabis Industry Association warns that the Texas Department of State Health Services’ (DSHS) is days away from the unprecedented banning of hemp-CBD products in the state of Texas. This would present a blow to the liberty of thousands of Texans who choose hemp-CBD as a general wellness product and rely on it for the natural treatment of Read the full article…

Senator McConnell and Commissioner Quarles Announce Hemp Legislation

Senator McConnell plans to introduce the bill in the Senate, with Senator Rand Paul and a bipartisan group of members, following this state work period.

KENTUCKY: U.S. Senate Majority Leader Mitch McConnell (R-KY) and Kentucky Commissioner of Agriculture Ryan Quarles (R-KY) announced today the impending introduction of legislation in the United States Senate to support Kentucky’s hemp industry. The Hemp Farming Act of 2018 will legalize hemp as an agricultural commodity and remove it from the list of controlled substances.Senator McConnell Read the full article…

Aurora Cannabis Increases Stake In Hempco To 35%

"With this further investment by Aurora we are now very well capitalized to accelerate our various strategic initiatives to drive growth at Hempco,"

CANADA: Aurora Cannabis and Hempco Food and Fiber announced that Aurora has exercised 10,558,676 warrants to purchase common shares of Hempco for total proceeds of $4.3 million to Hempco. Consequent the warrant exercise, Aurora now owns 21,117,352 Hempco common shares, reflecting an ownership interest of approximately 35%. “With this further investment by Aurora we are now very well capitalized Read the full article…

Xanthic Biopharma Inks Strategic Partnership With Avitas CBD Water

THC Infused Energy Drink

CANADA: Xanthic Biopharma (formerly Aurquest Resources Inc.) has announced a licensing and strategic partnership agreement with Avitas CBD Water. Avitas, based in Portland, Oregon, will be producing and distributing CBD-infused water, co-branded with “Powered by Xanthic Solubles.”  Under the terms of the Agreement, Xanthic is making a strategic investment in Avitas, acquiring a 45% ownership position in exchange Read the full article…

2018-2024 Global Hemp-based Food Market Forecast To Grow 7.5% CAGR

KPMG forecast that the nutraceuticals market will be worth around $250 billion by 2018, and while the exact scope of what is considered a nutraceutical is broad and variable, the products identified in the KPMG report largely fell within the GBI definition of nutraceuticals.

IRELAND: -The “Hemp-Based Food Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2024″ report has been added to ResearchAndMarkets.com’s offering. The report predicts the global hemp-based food market to grow with a CAGR of 7.5% over the forecast period of 2018-2024. The report on hemp-based food market is a comprehensive study and presentation of drivers, restraints, opportunities, Read the full article…

Top Factors Driving the Global Hemp-Based Foods Market

Top Factors Driving the Global Hemp-Based Foods Market

GREAT BRITAIN: Technavio market research analysts forecast the global hemp-based foods market to grow at a CAGR of above 24% during the period 2018-2022, according to their latest report. This market research report segments the global hemp-based foods market into the following product type (hemp seed-based foods, hemp protein-based foods, and hemp oil-based foods) and key regions (the Americas, APAC, and EMEA). Technavio Read the full article…

Arkansas Plant Board Holds Historic First Hemp Meeting

Arkansas State Plant Board

ARKANSAS: The Arkansas State Plant Board (ASPB) embarked upon two historic firsts for the state on Tuesday. After eighty years of prohibition, the ASPB held the first meeting of the Industrial Hemp Committee where the committee voted on and passed a draft of proposed regulations. These historic firsts mark the beginning of the Arkansas Industrial Hemp Read the full article…