Farm Bill Archives - Cannabis Business Executive - Cannabis and Marijuana industry news

Ethos Cannabis CEO Gibran Washington on Growth and Profitability

July 9, 2024
Tom Hymes
Company Stories, News & Insights, Pennsylvania, Spotlight
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Based out of Philadelphia, Ethos Cannabis is one of those rare beasts in the cannabis realm, a profitable multistate operator whose growth trajectory is up and under control, and whose ambitions, borne of discipline and focus, are seen by its…

Bayou City Hemp Co. is Situated for a Fabulous Future

As we enter what could be a protracted period of hostility between the “marijuana” and hemp blocs of the cannabis industry, with federal and state governments offering a witches brew of solutions to fix or close loopholes created by the…

The CBD Boom is Coming – Here’s What You Can Expect

January 2, 2019
Susan Gunelius
Hemp Business Executive, Hemp Industry News
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With the passing of the 2018 Farm Bill, industrial hemp was legalized in the United States, which means we’ll see a boom in the hemp-derived CBD products market in 2019. According to a report by Brightfield Group, the CBD market…

The 2018 Farm Bill – What it Means for Hemp Farmers’ Tax Bill

December 27, 2018
Ben Condon
Banking, Finance & Real Estate, Cultivation, Hemp Business Executive, Hemp Industry News, Hemp Policy & Legal, News & Insights, Policy & Legal
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CPA Covers The Income Tax Implications for Hemp Farms after the new 2018 Farm Bill The Agriculture Improvement Act of 2018 (the 2018 Farm Bill) has officially been signed into law. One of the major components of this legislation of industrial hemp. …

Even farmers are shifting from tobacco to hemp and CBD

Will Brownlow, who has been farming in southeast Kentucky for close to three decades, says he first planted 10 acres of hemp in 2016 for the “novelty factor.” This year, he planted 40, and next year he plans to cover…

Will Hemp-Derived CBD Be Fully Legal with Passage of the 2018 Farm Bill? Not Quite…

December 5, 2018
Ian Stewart
California, Cannabis Investments, Compliance and Regulations, Hemp Business Executive, Hemp Industry News, Hemp Policy & Legal, News & Insights, Policy & Legal
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By Ian Stewart, Wilson Elser Public interest in the potential health benefits of CBD (cannabidiol) is responsible for a whole new market segment of health and wellness foods and supplements that features CBD as an ingredient. CBD is one of…

McConnell Says Industrial Hemp Will Be In Farm Bill

Farm bill negotiators in Congress have struggled to resolve differences over work requirements for food stamp recipients, but the Senate's top Republican guarantees the final version will include legalization of hemp. Senate Majority Leader Mitch McConnell said Friday that completing…

Hemp-Derived CBD Will Dominate the Cannabis Industry within 4 Years

October 1, 2018
Susan Gunelius
Hemp Business Executive, Hemp Industry News
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In 2016, hemp-derived CBD sales accounted for less than 5% of the cannabis market, but.rapid growth has driven CBD sales to nearly $600 million in 2018, and the Hemp-Derived CBD 2018 Market Overview and Analysis report from Brightfield Group predicts…

Elixinol Celebrates OTC Listing of Australian-Based Parent Company Elixinol Global

PRESS RELEASE Elixinol leads company’s growth with global hemp CBD demand DENVER— (September 18, 2018) — Elixinol Global Limited, known as EXL, (ASX: EXL, OTCQX: ELLXF) a global company in the industrial hemp, dietary supplements and emerging medical cannabis sectors, has…

CBD is Not A Controlled Substance – The “Source Rule” Applies

June 27, 2018
Bob Hoban
Hemp Business Executive, Hemp Policy & Legal
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An Urgent Request from Bob Hoban – Hoban Law Group As you may know, the Hoban Law Group (HLG) appeared before the Ninth Circuit Court of Appeals (in February, 2018) in San Francisco - Hemp Industry Association, et al. vs. DEA (“HIA…

Industrial Hemp: Legalized Marijuana’s More Lucrative Sibling

June 8, 2018
Steven Schain
Hemp Business Executive, Hemp Industry News
1 Comment

Derived from the identical plants, much easier to cultivate, and profoundly more profitable, industrial hemp lacks legalized marijuana's glamour and intrigue. Derived from the identical plants, much easier to cultivate, and profoundly more profitable, industrial hemp lacks legalized marijuana’s glamour…

Look, But Don’t Touch: Big Box Stores And ‘Hemp CBD’

December 6, 2017
Hilary Bricken
Compliance and Regulations, Hemp Business Executive, Hemp Industry News
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Media recently reported on Target’s short-lived effort at selling cannabis-based CBD products online. By the end of the day on which the reporting was made, the major retailer had already removed the product from its website. The Phoenix New Times quoted Target spokesperson Kate Decker…