The Business of Cannabis

U.S. Hemp Industry Should Take International Approach, USDA Says

Mar 20, 2024 | Great Lakes Region, Michigan

The nascent U.S. hemp industry still has much to learn, and should look outward when assessing the research needs required to advance development, according to a new paper from the U.S. Department of Agriculture (USDA). Because prohibition shut down hemp in the last...

With DeSantis’ signature, Florida Could Severely Cripple Nation’s 2nd Biggest CBD Market

Mar 8, 2024 | National

A bill about to become law in Florida will likely wipe out much of the state’s $1.8 billion CBD market. The measure, which would ban all products that contain intoxicating hemp compounds and put crippling restrictions on CBD, passed both houses of the Florida state...

South Dakota Law Aimed At Hemp Intoxicants Likely To Wipe Out CBD Market

Mar 3, 2024 | National

A proposed South Dakota law intended to crack down on products that contain high concentrations of intoxicating delta-8 THC and other cannabinoids also threatens the CBD market in one of the country’s biggest hemp-growing states. The State Senate this week reverted to...

Proposed Law To Raise Hemp THC Limit To 1.0% Nixed By Virginia Lawmakers

Mar 3, 2024 | National

Virginia lawmakers have turned back a bill that sought to increase the legal limit for THC in industrial hemp plants to 1.0% and ease state licensing requirements. The proposed measure, House Bill 1485 (HB 1485), recently tabled by the House Agriculture, Chesapeake...

New Regulatory Agency In Pakistan Will Oversee Both Hemp And Marijuana

Feb 25, 2024 | International

The government of Pakistan announced a new law that will finally establish a regulatory body for cannabis after years of discussion and political turmoil that have delayed the industries’ development. The new law establishes a Cannabis Control and Regulatory Authority...