The Business of Cannabis

FDA May Enact CBD and delta-8 THC Regulatory Recommendations Within Months

Dec 29, 2022 | National

Food and Drug Administration officials said they are taking steps to announce a plan for how to regulate cannabis-derived products like CBD and delta-8 THC in the coming months. This comes as the agency is also leading a review into marijuana’s scheduling...

Money in CBD, Hemp, Cannabis? It’s Not What It Used To Be, Say Experts

Dec 20, 2022 | Feature, Great Lakes Region, Michigan

CBD, or cannabidiol, is an active ingredient found in cannabis. It can be derived from both hemp and marijuana plants. Where they differ, though, is in the amount of tetrahydrocannabinol (THC), the psychoactive compound found in cannabis, is present in the plant....

USDA Delays Enforcement Of Rule Requiring Hemp To Be Tested By DEA-Registered Labs Due To ‘Inadequate’ Capacity

Dec 14, 2022 | National

The U.S. Department of Agriculture (USDA) is delaying enforcement of a rule requiring hemp to be tested at laboratories certified by the Drug Enforcement Administration (DEA) due to “inadequate” capacity of such facilities. USDA announced the extended enforcement...

UN Hemp Report Predicts 4 Fold Increase By 2027

Dec 14, 2022 | International

A recently released report from the United Nations Conference On Trade And Development provides an interesting snapshot of the industrial hemp industry. Released last week, the “Commodities At A Glance: Special issue on industrial hemp” looks at the various uses of...

UN Report On Hemp Marks Path To $18 Billion Global Industry

Dec 7, 2022 | Feature, International

The global hemp market could reach $18.6 billion by 2027 if nations around the world take action to clarify the crop’s legal status and address other key issues, according to an extensive report on the industry from the United Nations Conference on Trade &...