Developments In The Legal Cannabis Industry

These modifications will streamline the research process regarding CBD’s possible medicinal value and help foster ongoing scientific studies.

NEW YORK: A report published by The Hemp Business Journal estimates that the Cannabidiol (CBD) market will grow to a $2.1 billion market in consumer sales by 2020 with $450 million of those sales coming from hemp-based sources. In 2015, the market for consumer sales of hemp-derived CBD products was $90 million, plus another $112 million in marijuana-derived CBD products which were Read the full article…

Sipp Industries To Distribute “Major Hemp Brown Ale” In Colorado

hemp brown ale is a thing

CALIFORNIA: Sipp Industries has entered into a distribution agreement with Colorado Craft Distributors for the release of a hemp-infused beer throughout the Denver area. Major Hemp, a wholly-owned subsidiary of Sipps, in partnership with Denver’s Sleeping Giant Brewing, completed production of the initial 50 barrels, which yielded nearly 100 kegs of premium brown ale formulated with quality hemp-seed powder. The Read the full article…

Alternate Health Announces Cannabis Production Partnership With California Native American Band

alturas-indian-rancheria

CANADA: Alternate Health has entered into a 30 year joint venture agreement with the Alturas Native Band to support the development, production, research and extraction of CBD’s used to create medicinal products in this state-of-the-art cannabis production facility. According to a company news release, the cannabis produced at this facility will be extracted on-site to create Read the full article…

Medical Marijuana NY-Based Biotech Company Enters Clinical Trials

Controlled-release hemp oil CBD chewing gum and matching placebo gums will be tested for the clinical studies

NEW YORK:  AXIM Biotechnologies, Inc., a world leader in cannabinoid research and development, has entered clinical trials on treating irritable bowel syndrome (IBS) with the Company’s CanChew Plus cannabidiol (CBD) gum at Wageningen University in the Netherlands. Human Clinical Trials Detail Include: Controlled-release hemp oil CBD chewing gum and matching placebo gums will be tested for the Read the full article…

Hoban Law Group Files Ninth Circuit Petition To Challenge Recent DEA Classification of “Marihuana Extracts”

Justice Department has options to crack down, but may galvanize the push for even wider legalization

COLORADO: In an overreach of authority and without consulting Congress, the Drug Enforcement Administration (DEA) issued its Final Rule, the “Establishment of New Drug Code for Marihuana Extract,” on Dec 14, 2016. In response to the change, which serves to potentially devastate developing businesses and consumer, textile and manufacturing industries related to industrial hemp and other Read the full article…

Hemp, Inc. To Grow 3,000 Acres Of Industrial Hemp In North Carolina In 2017

Hemp Inc to plant hemp in NC in 2017

NORTH CAROLINA:  Hemp, Inc. has informed its shareholders that its wholly owned subsidiary, Industrial Hemp Manufacturing, LLC, in Spring Hope, NC, has signed a Letter of Intent  with Mullen View Farms and one with John Finch Farms in North Carolina. According to the signed LOI with Mullen View Farms, IHM will purchase 1,000 acres of raw hemp that is Read the full article…

Hemp Diapers And Covers Help Keep Babies Cleaner, Save Parents Money, Industry Reports Show

Hemp cloth diaper and waterproof diaper cover from babytooshey.com

GEORGIA: Reusable cloth diapers are becoming more popular among health- and environmentally-conscious parents. In response to increasing demand, Baby Tooshy has introduced new reusable cloth diapers and covers — made of hemp — that make cloth diapers virtually leak-proof, to help families save money and waste compared to disposable diapers. Numerous studies have reported that the costs Read the full article…

The Mainstream Growth of the Cannabidiol Market

GW Pharmaceuticals Epidiolex

NEW YORK: The legal cannabis market is expanding at a rapid pace. This year five states voted to legalize cannabis for recreational use. In four of these states the proposition passed. Currently 15 states only allow Cannabidiol and alongside that, there are 28 states and District of Columbia that have legalized all forms of medical marijuana. According Read the full article…

Hemp Industries Association Responds To DEA Final Rule Regarding ‘Marijuana Extracts’

DOJ/DEA Extracts Code

DISTRICT OF COLUMBIA:  The Hemp Industries Association (HIA), the leading non-profit trade association consisting of hundreds of hemp businesses, has issued its position in response to a recent DEA ruling, submitted to the Federal Register December 14, 2016, which seeks to establish a new drug code for ‘marijuana extract.’ Specifically, the DEA has proposed that CBD, Read the full article…

CW Hemp Inc., Makers Of Charlotte’s Web™, Launch CW™ SiMPLY Capsules

CW Hemp Introduces Simply Charlotte's Web

COLORADO:  CW Hemp, makers of the world-renowned Charlotte’s Web™ hemp extract oils with cannabinoids, announced today the launch of their CW™ SiMPLY line of capsule products.  “CW SiMPLY was created to make it easier for our busy customers to integrate Charlotte’s Web into their daily routines,” said Ashley Grace, Chief Marketing and e-Commerce Officer for CW Hemp.  “Charlotte’s Read the full article…