At 21.5% CAGR, CBD Oil Market Size & Share | Cannabidiol Oil Industry Report, 2020-2025 | Covid-19 Impact Analysis

In its latest report on CBD Oil Market provides a concise analysis of the recent market trends. The report further includes statistics, market forecasts and revenue estimations, which in addition highlights its status in the competitive domain as well as expansion trends adopted by major industry players. Cannabidiol Oil (CBD Oil) Market: Global Market Size, Read the full article…

Asheville Hemp Project Announces New Product Line, Support For NC Restaurant Workers Relief Fund

NORTH CAROLINA:  Asheville Hemp Project (AHP), an Asheville, NC-based hemp cultivator, is announcing its new product line. The company is also announcing that it is donating 50% of online sales to the NC Restaurant Workers Relief Fund. Leslie Hoffman, co-founder of AHP, stated, “We are very excited about our new product offerings that are coming Read the full article…

Illinois: Pritzker Administration Releases 2019 Hemp Harvest Numbers

ILLINOIS: The Illinois Department of Agriculture (IDOA) has released final harvest numbers from the 2019 hemp growing season. IDOA issued 651 Hemp Growers licenses for the 2019 season. All but 137 of those licensees planted at least an acre during the inaugural season resulting in over 2.27 million pounds of total yield, with 73% of Read the full article…

What is CBD Isolate, And How Is It Used?

As CBD continues to gain massive popularity across the globe, its fanatic fans don’t shy away from coming up with interesting ways to consume it. Luckily, CBD stands concrete with a market worth of over $1 billion, which is expected to cross the $5 billion mark near future. If you’re looking for one of the Read the full article…

USDA, DEA Provide Options For Labs, Disposal Of Non-Compliant Hemp Plants

DISTRICT OF COLUMBIA: The U.S. Department of Agriculture (USDA) today announced the delay of enforcement of certain requirements under the interim final rule (IFR) establishing the U.S. Domestic Hemp Production Program. Under the new guidance, USDA will delay enforcement of the requirement for labs to be registered by the Drug Enforcement Administration (DEA) and the Read the full article…

USDA Publishes “Economic Viability Of Industrial Hemp In The United States: A Review of State Pilot Programs”

BY TYLER B. MARK, JONATHAN SHEPHERD, DAVID OLSON, WILLIAM SNELL, SUSAN PROPER, AND SUZANNE THORNSBURY After a hiatus of almost 45 years, the 2014 Farm Bill reintroduced industrial hemp production in the United States through State pilot programs. This study documents outcomes and lessons learned from the State pilot programs and examines legal, agronomic, and economic Read the full article…

Cannabis & CBD Retail Market To Reach $33 Billion In 2024

MARYLAND:  U.S. retail sales of cannabis and CBD products reached $14 billion in 2019, and are on pace to increase 18% per year to $33 billion in 2024, according to data published in Cannabis and CBD: U.S. Retail Market Trends and Opportunities, the latest report by leading market research firm Packaged Facts. Cannabis products can be segmented by delivery format—i.e., the Read the full article…

USDA Announces Details Of Risk Management Programs For Hemp Producers

DISTRICT OF COLUMBIA: The U.S. Department of Agriculture (USDA) has announced the availability of two programs that protect hemp producers’ crops from natural disasters. A pilot hemp insurance program through Multi-Peril Crop Insurance (MPCI) provides coverage against loss of yield because of insurable causes of loss for hemp grown for fiber, grain or Cannabidiol (CBD) oil and Read the full article…

Why Athletes Should Consider Taking CBD

It’s no secret that the life of an athlete can be rough. Hour after hour of cardio, lifting weights and refining your skill set is bound to be accompanied by soreness and other ailments that, if ignored, could lead to greater risk of injury. Of course, if you’re serious about your athletic goals, you’ve likely Read the full article…

Asheville Hemp Project Launches CBD Infused Gum

First Product from Asheville Hemp Project Brand Highly Efficiency Delivery Method NORTH CAROLINA: Asheville Hemp Project (AHP), an Asheville, NC-based hemp cultivator, is unveiling its new CBD Mint Gum. The launch marks the first consumer product for the brand, with other SKU’s in the pipeline. Asheville Hemp Project aims to connect consumers to the source of the Read the full article…