Mixed-bag USDA hemp report for 2023 leaves stakeholders little to cheer about
HempToday
by HempToday®
4d ago
Income from hemp flowers bounced back slightly last year while fiber growers saw the value of their outputs fall sharply even though total fiber fields expanded, according to the third ..read more
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European cops arrest suspects in raids targeting 4-year, $600 million cannabis scam
HempToday
by HempToday®
4d ago
Police raided several locations around Europe late last week, arresting nine suspects in a four-year cannabis Ponzi scheme that reportedly netted the scammers €645 million ($604 million). Europol, the cooperative ..read more
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Mississippi, Illinois look to put intoxicating hemp products under marijuana programs
HempToday
by HempToday®
1w ago
Two more states have joined the growing ranks of those trying to get their arms around a runaway market for intoxicating hemp products. Legislation in Mississippi and Illinois would put ..read more
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New FDA Commissioner says CBD not safe enough to be sold as dietary supplement
HempToday
by HempToday®
1w ago
The commissioner of the U.S. Food and Drug Administration (FDA) repeated the contention that the agency does not consider hemp-derived CBD safe enough to be sold lawfully as a dietary ..read more
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Marijuana trade group urges U.S. Congress to regulate intoxicating hemp like pot
HempToday
by HempToday®
1w ago
A marijuana trade group is urging the U.S. Congress to regulate intoxicating hemp compounds separately from non-psychoactive seed- and fiber-derived byproducts, calling for a more restrictive definition of industrial hemp ..read more
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Hemp stakeholders buoyed by changes in UK, but tight restrictions remain
HempToday
by HempToday®
1w ago
The UK government has doubled the licensing period for hemp growers to six years and loosened rules for where crops can be grown, but other tight restrictions remain in place ..read more
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Hemp composite featured in new electric bike from Harley-Davidson-owned producer
HempToday
by HempToday®
1w ago
A Harley-Davidson-owned electric motorcycle producer is using hemp-based composite in the fenders of a newly introduced model. Milwaukee, Wisconsin-based LiveWire Group, Inc. said it introduced hemp and other sustainable materials ..read more
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CBD fraudster, SEC reach agreement over deals that falsely boosted company’s value
HempToday
by HempToday®
2w ago
The U.S. Securities and Exchange Commission (SEC) said it has settled with the former CEO of a leading CBD company who was charged with fraud. Martin Sumichrast, who stepped down ..read more
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Hemp food, building materials are planned outputs by startup in Alberta, Canada
HempToday
by HempToday®
2w ago
An industrial alliance in eastern Alberta, Canada is building out a hemp supply chain to develop business in the fiber and grain sectors. Several entities are being established for the ..read more
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Medical CBD maker will pay out $7.5 million to settle suit over valuation, executive bonuses
HempToday
by HempToday®
2w ago
Medical CBD maker GW Pharmaceuticals said it will pay $7.5 million to settle a class action lawsuit that challenged the company’s 2021 takeover by Ireland-based Jazz Pharmaceuticals. The lawsuit, brought ..read more
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