The Business of Cannabis

Florida Company Has Hemp Plan To Save State’s Troubled Citrus Orchards

Sep 6, 2022 | National

Farming hemp could help to overcome the devastating effect years of pesticide spraying has brought to Florida’s declining citrus industry, according to a Tarpon Springs-based company that is developing a strategy based on processing of the plant’s stalks. Growing hemp...

Minnesota Expected To Revisit Rules That Opened Legal Window For Delta-8 THC

Sep 1, 2022 | National

Minnesota lawmakers are expected to eventually address rules that inadvertently made the state a hotbed for hemp-derived delta-8 THC edibles as a result of a measure passed earlier this year. The measure, which took effect in July, has unintentionally created a shadow...

Hempcrete Part Of Eco-Friendly Solution To Zimbabwe’s Housing Shortage

Aug 29, 2022 | International

The government of Zimbabwe sees a role for hemp in construction after securing a $63 million line of credit from an African fund to develop eco-friendly buildings. National Housing and Social Amenities Minister Daniel Garwe said the financing will help the country to...

Hemp-Derived CBD Oil Market Size Projected To Reach $6.53 Billion by 2030, growing at 22.4 Percent Compound Growth Rate

Aug 23, 2022 | National

CBD (cannabinoid) is extracted from cannabis hemp plant leaves, flowers, and stems using two extraction methods, i.e., by removing the CBD and turning it into an isolate and using full-spectrum CBD. Today, hemp-derived CBD oil is used in a range of applications,...

Cops Can’t Charge Delta-8 Stakeholders, But Hemp Licensees At Risk In Kentucky

Aug 14, 2022 | National

A judge in Kentucky has barred law enforcement from meddling in the production and sale of delta-8 THC but dismissed an injunction against the state agriculture agency, raising the fear that the state could withdraw licenses from hemp stakeholders. The ruling, handed...