Uncategorized Archives - Page 83 of 221

WednesdayOct 30, 2019 9:00 am

Illinois Hemp Farmer Shares Experience of Going Back to Farming Basics

It is the middle of the hemp harvest season, and farmers from Warren County, among them Andy Huston, the founder of American Hemp Research, are just beginning the harvesting process. He is one of the first farmers to grow hemp legally in Illinois and he shared what the journey has been like. Huston said that farmers in Warren County are harvesting hemp manually, and it is hard work; he says it seems they have gone back several decades. The Industrial Hemp Act, which legalized the growth of hemp in Illinois, was signed back in August 2018 by the former Illinois…

TuesdayOct 29, 2019 4:00 pm

Hemp Seizures Continue Despite 2018 Farm Bill

Innovative Nutraceuticals, a California-based CBD manufacturer, is claiming that the federal government seized raw hemp that the company had imported from Spain. In its claim, the company says that the U.S. Customs and Border Protection agency seized a shipment of raw hemp headed to its Lake Elsinore facility for extraction. In December last year, Congress passed the Farm Bill, which removed all hemp parts from the Controlled Substances Act. This, in effect, made the cultivation, handling, and sale of industrial hemp legal. Innovative Nutraceuticals says that the federal government is in clear violation of this bill. "These are violations of…

TuesdayOct 29, 2019 9:00 am

North Carolina Senate Reaches Compromise on Hemp Law

A deal was struck on Thursday by the House and Senate negotiators to criminalize smokable hemp by June 2020. And, as the General Assembly prepares for a temporary close, the Senate has broken the impasse on one of the weightier legislations waiting to be passed. In North Carolina, hemp is a developing economic crop, and it can be used in several products. However, smokable hemp rapidly turned out to be the primary source of profits for the hemp farmers because patients preferred it for the CBD compound as well as its medicinal effect. Since the plant structure and smell resembles…

MondayOct 28, 2019 4:00 pm

Five Challenges Standing in the Way of US Hemp Farmers

Hemp is quite useful. The plant itself can be used as an alternative to materials like plastics and fossil fuels, and one of its main active components, CBD, has been found to have almost Godlike healing properties. When the 2018 Farm Bill legalized the cultivation of industrial hemp, farmers were finally able to take advantage of the plant and cash in like never before. However, as they harvest their first batch a year later, they have discovered that things aren't as rosy as they thought it would be. How so? The first harvest has been disappointing. Farmers were quick to…

MondayOct 28, 2019 9:00 am

University of Georgia Hemp Trials Show Promise

The future of hemp in Georgia begins at University Georgia where there are several dozens of plants ready for harvesting. The crops, planted on a one-third acre, are now sprouting fuzzy flowers, which are used to make the CBD oil used for treating conditions such as anxiety and insomnia. The university horticulturist Tim Cooling is growing the crop as a test crop for farmers in Georgia planning to grow hemp next year. This spring, the lawmakers voted for in-house hemp production. At the moment, Georgia is importing all CBD products. In his research, Cooling is trying to find the best…

FridayOct 25, 2019 4:00 pm

Regulatory Uncertainty Causes Insurer and Bank to Pull the Plug on Maine Hemp Farms

Last December, President Trump signed the Farm Bill, legislation that removed hemp from the Federal government's list of Schedule 1 controlled substances and made it legal to cultivate industrial hemp. Hemp is known for producing cannabidiol (CBD), a compound that has left the medical, health and wellness communities, and the world at large in awe of its powerful medicinal properties. The bill allowed farmers to capitalize on this emerging market, but the industry is still unregulated, and these eager farmers are suffering because of it. Maine hemp farmers Taryn and Ben Marcus, are the latest victims of the industry's current…

FridayOct 25, 2019 9:00 am

Kentucky Farmers Drag Hemp Company to Court

Hemp farmers in Harrison County, Kentucky, have filed a lawsuit against hemp processing company, Gencanna Global Incorporated, for ripping them off of millions of dollars meant for research and development of new products. Hemp farmers such as Kendall Henson and Ben Furnish, who are 8th generation farmers with degrees in economics, switched to hemp farming after tobacco sales plummeted. The two signed a contract with Gencanna back in 2016 and were excited about the possibility of growing hemp. According to Henson and Furnish, Gencanna was very hands-on in the beginning by providing farmers with education on hemp growth and how…

ThursdayOct 24, 2019 4:00 pm

USDA Official Says Hemp Rules Just Weeks Away

Players and prospective players in the hemp and CBD space can finally breathe easy after word got out that the U.S. Department of Agriculture (USDA) intends to issue draft final rules on hemp production in a couple of weeks. For the past few years, CBD has been garnering interest among the medical, beauty, and wellness industry. The compound is extracted from the hemp plant, and it is effective against a ton of medical conditions, ranging from insomnia and anxiety to epilepsy. Until 2018, the cultivation of industrial hemp was prohibited due to cannabis’ status as a Schedule 1 controlled substance.…

ThursdayOct 24, 2019 12:21 pm

ChineseInvestors.com Inc. (CIIX) CEO Discusses Investor Relations, CBD Division on MoneyTV

ChineseInvestors.com CEO recently discussed its corporate initiatives in a MoneyTV segment The company’s subsidiary, CBD Biotech, has expanded into seven strong Asian markets ChineseInvestors.com offers a diverse menu of investor education products and services ChineseInvestors.com Inc. (OTCQB: CIIX) has become a foremost financial information website for Chinese-speaking investors around the world. Through its main website, www.ChineseInvestors.com, it provides an array of investor education products and services. In addition, the company’s CBD division, CBD Biotech Inc., has experienced tremendous growth. Recently, CIIX CEO Warren Wang discussed the focus of the company on MoneyTV with Donald Baillargeon (http://cnw.fm/6yrEt). In an effort to maximize…

ThursdayOct 24, 2019 9:00 am

Florida Finalizes Draft Hemp Rules

By the end of 2019, hemp farmers in Florida might be able to submit their hemp applications. On Monday, state officials held the first of the multiple public hearings in Tampa to discuss the Final Draft Rules for the state’s hemp program. This clarifies that the Department of Agriculture and Consumer Services in Florida is still on track for adoption and review of its rules by the U.S. Department of Agriculture, said Franco Ripple, the agency spokesperson. He further added that the Agricultural Commissioner, Nikki Fred’s main priority was to get the final draft out and hemp seeds in Florida…