International Hemp Oil Company, Functional Remedies, Acquires New Lab, Increasing Production Capacity Ten-Fold

COLORADO: Functional Remedies, vertically integrated manufacturer of whole-plant hemp oil products, announced a major expansion of its lab and production facility from 2,000 square feet to a new 25,000-square-foot facility located in Louisville, CO to meet the rapidly growing demand for its products across the U.S. and globally. Additionally, Functional Remedies recently moved into new 4,000-square-foot Read the full article…

Tilray To Acquire Manitoba Harvest, The World’s Largest Hemp Food Company

Acquisition unites cannabis pioneer with leading natural food CPG company to create hemp and CBD-infused food and wellness products for North America CANADA: Tilray, a global leader in cannabis research, cultivation, production and distribution, has announced it has entered into a definitive agreement pursuant to which Tilray will acquire all of the issued and outstanding securities Read the full article…

Select CBD Line By Cura Now Sold At New Seasons Market’s 21 Stores

OREGON: Select CBD, an industry-leading hemp-derived CBD brand by Cura Wellness, proudly announces its partnership with New Seasons Market to provide products for sale at New Seasons neighborhood grocery stores in Oregon, California and Washington. Customers can purchase Select’s hemp-derived line of Select CBD Drops, Select PETS Drops, Select Muscle Rub and Montel by Select CBD Capsules. Select CBD Read the full article…

U.S. Hemp Revenues 2nd To China’s: New Frontier Data Projects $5.7B In U.S. Hemp Sales by 2020

DISTRICT OF COLUMBIA: New Frontier Data, the authority in data analytics and business intelligence on the global cannabis industry, with sponsorship from Hoban Law Group, Shi Farms and Mary’s Nutritionals,  releases a new, first-of-its-kind report, The Global State of Hemp: 2019 Industry Outlook, stating the global hemp industry reached $3.7 billion USD in retail sales in 2018, Read the full article…

PanXchange Launches Industrial Hemp Pricing

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…

Senator Schumer Announces Canopy Growth’s $100-150 Million Investment In Southern Tier Hemp

Schumer: This Project Will Be A Huge Shot In The Arm For The Southern Tier’s Economy And Will Position The Region At The Forefront Of The Industrial Hemp Revolution NEW YORK: U.S. Senator Charles E. Schumer today announced, following his all-out effort to pass his legislation the Hemp Farming Act of 2018 as part of the bipartisan, Read the full article…

Elixinol Welcomes Hemp Industry Advocate Joy Beckerman As Regulatory Officer & Industry Liaison

COLORADO: Elixinol announced Joy Beckerman’s appointment to Elixinol’s team starting January 1, 2019. In Beckerman’s role as Regulatory Officer and Industry Liaison, she will advise Elixinol’s executive team on the industry’s changes and ensure Elixinol’s practices continue to meet or exceed the requirements of hemp’s dynamic regulatory framework following the 2018 Farm Bill which federally legalized Read the full article…

Tilray Signs Letter Of Intent For Hemp-Derived CBD From The U.S. And Canada

CANADA: Tilray, a global leader in cannabis research and production, announced the terms of a binding letter of intent to purchase hemp-derived CBD isolate from LiveWell Canada, which will be sourced from the United States and Canada and utilized for distribution of Tilray-owned wellness and medical products across North America. The LOI outlines that LiveWell will supply Read the full article…

SwissX And Convenience Store Empire Launch Luxury CBD Takeover Of Southern California

The luxury CBD oil and confectionary company’s products just got even easier to find, with hundreds of new distribution points in Kohanoff Affiliated gas stations across Southern California CALIFORNIA:  Swissx Oil & Confectionery and Kohanoff Affiliated have launched a partnership to distribute Swissx CBD products in over 500 convenience stores and gas stations across the Southern California region. Swissx Read the full article…

New Jersey: Governor Signs Hemp Cultivation Bill Into Law

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…