Hemp Legalization & Regulatory News for Hemp Businesses
A federal judge in California has tapped the brakes on a lawsuit from a hemp grower who saw the state’s Department of Fish and Wildlife bulldoze 500 acres of his plants. Apothio LLC is suing the state and also Kern County authorities for $1 billion after the plants were razed in 2019. Apothio argues that
Daniel Fernandez is hoping for a hemp renaissance in Spain this year with the launch of a new Spanish industry association. But first, the Galicia native says federal authorities need to be educated on the economic possibilities of the crop so that Spain can tap underlying potential for collaboration on hemp projects with Portugal, Eastern
New York Gov. Andrew Cuomo is calling for the legalization and regulation of marijuana for recreational use by adults, his third attempt in as many years to get the drug fully legalized in the state. Cuomo, a Democrat, announced his proposal Wednesday as part of his upcoming State of the State agenda for the year.
Federal food and drug officials said Friday that they plan to fill in current CBD research gaps with “real world data” — but industry advocates are frustrated that regulators haven’t done enough to clear up the rules, which has caused supply-chain bottlenecks while leaving consumers to navigate an increasing field of unregulated products. An update
Cresco Labs CEO and Charlie Bachteu and Alexis Keenan of Yahoo Finance discuss the process of growing marijuana and how legalization in Illinois is changing the way cannabis is processed and distributed. Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market
California lawmakers will be faced again with the long-debated question of whether to allow hemp extracts in food and beverages in the state when the legislative session opens Monday, but this time the proposal comes with a twist: The measure would also ban smokable hemp flower – an increasingly popular and unregulated segment of the industry.
Aurora Cannabis CEO Miguel Martin says they are close to a ‘tipping point’ in making cannabis more accessible to Americans after the Democrats took over the majority in the Senate. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC
Money from marijuana legalization is something many provinces haven’t had to budget for before, but with the extra cash from cannabis also comes some extra costs. CBC News takes a look at how different provinces are rolling out their fiscal plans, and their expectations of pot revenue and how they plan to spend it. Welcome
Vermont will be conducting contactless inspections of hemp operators to limit person-to-person contact during the pandemic. The Vermont Agency of Agriculture, Food and Markets says the inspections will begin with a phone call, followed by an email and an online form to gather information about number of harvested lots, yields, and results of contaminant testing,
