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…

Canopy Growth Announces Changes To Global Operations To Drive Strategic Focus

  The Company continues to expect to incur approximately $700-800MM pre-tax charge in Q4 Fiscal 2020. CANADA: Canopy Growth Corporation (“Canopy Growth” or the “Company”) (TSX:WEED, NYSE:CGC) today announced a series of global operational changes designed to further optimize production, better align supply and demand, and improve efficiencies in its global operations. As part of 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…

NECANN Launches FREE Cannabis & Hemp Virtual Seminar Series

With conventions on hold nationwide NECANN and its partners are creating online networking and education programs MASSACHUSETTS: The New England Cannabis Convention today announced it has launched a free series of Cannabis and Hemp virtual seminars in partnership with NECANN Boston convention exhibitors and sponsors. The weekly series of free webinars, virtual meetings, instructional videos Read the full article…

FDA Advances Work Related To Cannabidiol Products With Focus On Protecting Public Health, Providing Market Clarity

DISTRICT OF COLUMBIA: Over the past year, the U.S. Food and Drug Administration has embarked on a comprehensive evaluation of cannabidiol (CBD) products, with a focus on educating the public about the risks and unknowns of these products, gathering the science needed to better understand both these safety concerns and potential benefits to inform our 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…

Medical Marijuana, Inc Subsidiary HempMeds Brasil Sponsors Autism Event At Rice University In Houston

 CALIFORNIA: Medical Marijuana, Inc., the first-ever publicly traded cannabis company in the United States that launched the world’s first-ever cannabis-derived nutraceutical products, brands and supply chain, announced today that its subsidiary HempMeds Brasil, in partnership with the Consulate General of Brazil in Houston, sponsored “Autism Together We Are Stronger” at Rice University on February 22. “We see events like this one as prime opportunities to 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…