PanXchange Launches Industrial Hemp Pricing

PanXchange

COLORADO: PanXchange, a Denver-based OTC physical commodity exchange and price reporting provider, today successfully launched its industrial hemp indices, becoming the first company to offer such pricing data to the market. PanXchange now delivers spot market pricing to its members, publishing on a monthly basis, and plans to launch trading capabilities in Q3 of this Read the full article…

Senators Wyden, Merkley Urge FDA To Update Regulations To Ensure US Producers & Consumers Have Access To CBD, Other Hemp Products

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DISTRICT OF COLUMBIA: Senators Ron Wyden and Jeff Merkley today urged the U.S. Food and Drug Administration (FDA) to update federal regulations governing the use of certain hemp-derived ingredients in food, beverages or dietary supplements. Congress legalized the production and sale of industrial hemp and hemp derivatives, including hemp-derived cannabidiol (CBD), when it passed Wyden Read the full article…

OLCC Notice of Public Hearing On Industrial Hemp Jan 15, 2018

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Notice of Proposed Rulemaking, including Statement of Need and Fiscal Impact   OLCC news OREGON: Division 25 of Chapter 845 of the Oregon Administrative Rules sets forth the privileges and prohibitions for licensees and permittees of the Commission regarding the recreational cannabis market. The revisions within this package were made to implement the changes made Read the full article…

Illinois Releases Proposed Industrial Hemp Regulations

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ILLINOIS: Proposed rules for the regulation of industrial hemp production and processing were published today in the Secretary of State’s Illinois Register. Illinois Department of Agriculture (IDOA) staff have been busy drafting those proposed rules since Governor Rauner signed the Industrial Hemp Act into law in August. This new law allows individuals or corporations licensed Read the full article…

Reconciled Farm Bill To Include Provisions Lifting Federal Hemp Ban

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DISTRICT OF COLUMBIA:  House and Senate lawmakers have agreed in principle to a reconciled version of H.R. 2: The Agriculture Improvement Act of 2018 (aka the 2018 Farm Bill), which includes provisions lifting the federal prohibition of industrial hemp. The hemp-specific provisions – which Senate Majority Speaker Mitch McConnell (R-KY) included in the Senate version of the bill, but were Read the full article…

New Jersey: Governor Signs Hemp Cultivation Bill Into Law

Gov Phil Murphy

NEW JERSEY: Governor Phil Murphy has signed legislation into law permitting the state to establish a pilot program to assess and promote the cultivation of industrial hemp. Assembly Bill 1330/Senate Bill 3145 authorizes the Department of Agriculture to partner with Rutgers University “to study and promote the cultivation of industrial hemp to the maximum extent permitted by federal Read the full article…

Senate Majority Leader: Farm Bill Will Lift Federal Hemp Ban

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DISTRICT OF COLUMBIA: Senate Majority Leader Mitch McConnell (R-KY) reaffirmed on Friday that provisions lifting the federal prohibition of hemp will be included in the engrossed language of H.R. 2: The Agriculture Improvement Act of 2018 (aka the 2018 Farm Bill). The must-pass legislation is currently being debated by leadership in conference committee. “If there’s a Farm Read the full article…

Cannabis Refinery Leasing And High End Multi Processing Announce Multi-Year, $21M Industrial Hemp Processing Agreement In Upstate New York

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CALIFORNIA: Cannabis Refinery Leasing and High End Multi Processing (H.E.M.P.) today announced an up to $21M, multi-year agreement to build New York State’s largest industrial hemp refinery. Cannabis Refinery Leasing, Inc. (CRL), in partnership with Applied Extracts, Inc., will supply its proprietary refinery scale supercritical CO2 extraction and fractional distillation technology to H.E.M.P., a newly licensed industrial Read the full article…

Global Hemp-based Foods Market 2018-2022

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High Demand for Organic Hemp-based Foods to Boost Growth The global hemp-based foods market is expected to accelerate at a CAGR of over 24% during the forecast period, according to the latest market research report released by Technavio. The growing vegan population and increasing cases of celiac disease are key factors triggering the growth of Read the full article…

Arkansas Plant Board Adopts Industrial Hemp Regulations

ARKANSAS PLANT BOARD ADOPTS INDUSTRIAL HEMP REGULATIONS

ARKANSAS: The Arkansas Plant Board approved regulations for the state’s Industrial Hemp Pilot Program today at their quarterly meeting. The approval came after Mary Smith, author of the regulations and ASPB Seed Division Director, presented several public comments collected during a thirty-day public comment period that concluded June 15th. Many of the comments were inconsequential and Read the full article…