The Business of Cannabis

Italian Trade Groups Cheer Court Ruling That Hemp Is Not A Narcotic

Feb 25, 2023 | International

A regional court in Italy has upheld a lawsuit filed by four cannabis associations, overturning a decree issued one year ago that classified hemp as a narcotic in contravention of European law. The Regional Administrative Tribunal of Lazio annulled the decree and...

20 Hemp Fiber Processors Now Online In U.S.

Feb 25, 2023 | National

U.S. hemp fields are expected to reach 50,000 acres by 2028 as production expands at a rate of 34% per year and processing infrastructure continues to expand, according to projections from Denver-based analyst PanXchange. That means the projected value of...

5 Easy Ways to Introduce CBD To Your Daily Routine

Feb 22, 2023 | Feature, National

The health and wellness world is full of different trends that pop up every week, if not every single day. Many people are curious to try various novelties, with a particular focus on natural substances. CBD, which can be called one of such trends, has stood the test...

$35 Million For Hemp Is Just 1 Percent Of USDA Climate-Smart Total

Feb 8, 2023 | National

More than $35 million has been granted to five hemp-specific projects under the U.S. Department of Agriculture’s “Partnerships for Climate-Smart Commodities” program. While the projects look promising, the money is just over 1 percent of a total $3.1 billion USDA...

While U.S. Hemp Industry Faces Setbacks, Opportunities Are Ripe In EU

Feb 7, 2023 | International

Short-term setbacks and the unintended consequences of state laws are creating new headaches for hemp industry operators in the United States. Despite this, there is an opportunity to build stable markets with European and Canadian partners. Last year was a...