The Business of Cannabis

Trade Group Says Implementation Of CBD Policy In UK’s $850 Million Market Is Off The Rails

Jan 17, 2024 | International

Implementation of legal and regulatory frameworks in the UK’s $850 million (£690 million/€798 million) CBD market is in disarray, a key stakeholder group alleges in a new white paper. The Association for the Cannabinoid Industry (ACI) said the process for getting CBD...

Skirmishes Over Intoxicating Hemp Products Spread Like Wildfire Across U.S.

Jan 10, 2024 | National

The lack of rules for CBD and intoxicating hemp products continues to roil the industry, and sharp debate over policy is expected to continue until late this year following delay of the 2023 Farm Bill. The final quarter of 2023 saw a flurry of legislative...

Hemp Farmers Are Losing Their Licenses After Growing Cannabis

Nov 28, 2023 | National

Farmers in at least three US states who began growing hemp after it was federally legalised in 2018’s farm bill are now being penalised by the USDA for growing high-THC cannabis, despite it being legal in their respective states. According to a new report...

Missouri Latest Battleground Over ‘High’-Producing Hemp Products

Nov 24, 2023 | National

A loophole in cannabis law is again at the center of a squabble – this time in Missouri, where state officials recently recalled more than 45,000 marijuana products made from hemp derivatives. The state Division of Cannabis Regulation (DCR) revoked the marijuana...

Report: Sales Of Hemp-Derived Cannabinoids Like CBD Outpace Legal Marijuana And Are On Par With Craft Beer

Nov 2, 2023 | National

Even without robust federal regulations, the U.S. hemp industry in 2022 was larger than all state marijuana markets, and it roughly equaled sales for craft beer nationally, according to a new report. The research firm Whitney Economics published the report last week,...