WednesdayAug 28, 2019 4:00 pm

USDA Announces Hemp Farmers Can Acquire Federal Crop Insurance

While the 2018 Farm Bill made hemp legal, hemp farmers have been struggling to access the same services and amenities that other crop farmers have access to, such as crop insurance. An announcement made by the U.S. Department of Agriculture (USDA) is bringing hope to a category of hemp farmers who will be able to purchase federal crop insurance starting with the 2020 growing season. The USDA announcement specifically refers to hemp farmers who are licensed to grow the crop under the pilot programs introduced in the 2014 Farm Bill. Unfortunately, farmers who were licensed to grow hemp under the…

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WednesdayAug 28, 2019 9:00 am

B2B Platform Relaunched to Enhance Trust Along the Hemp Value Chain

The Naklo Foundation, based in Poland, has re-launched its B2B hemp marketplace in order to facilitate business between different actors within the hemp value chain. HempTrade, the trading platform created by Naklo Foundation, is open to both white label and branded hemp product wholesalers and bulk raw materials sellers. Such platforms are important at this time when the industry is still relatively young and industry actors are looking for trusted partners to work with. HempTrade has vowed to conduct a thorough due diligence process on all vendors that register to participate on its platform. This verification process is especially important…

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TuesdayAug 27, 2019 4:00 pm

Research into Stable Genetics Gets Feverish as Hemp Industry Soars

While the USDA and the FDA may be struggling to come up with hemp industry rules, the scientific and research communities have hit the ground running in their quest to develop reliable hemp genetic material that is customized for different geoclimates and end uses. Here are some of the priorities that are driving this research on hemp genetics. Regional Performance It may be a bit of a stretch to expect the same hemp variety that performs well in Southern Texas to perform well in Northern Montana as well. This is because those two locations are in different climatic zones, and…

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TuesdayAug 27, 2019 12:10 pm

Marijuana Company of America Inc. (MCOA) Reports Year-Over-Year Revenue Gains, Website Enhancements

Marijuana Company of America saw its second quarter profits jump 633.5 percent over the previous year Sales through its hempSMART brand continue to show strength, with more than $100,000 in gross sales reported for the month of July MCOA’s growing international presence is playing a key role in its profits as well, with 33.5 percent of the quarter’s revenue derived from sales in other countries The company recently redesigned its website in order to enhance the free flow of information between administration and company investors Innovative hemp and cannabis product cultivator Marijuana Company of America Inc. (OTCQB: MCOA) is celebrating…

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TuesdayAug 27, 2019 11:40 am

HTC Extraction Systems (TSX.V: HTC) is “One to Watch”

HTC announced entering into a letter agreement for a CAD$15 million bought deal private placement of units led by Canaccord Genuity Corp. on July 3, 2019 (subject to closing); HTC’s business model includes owning physical assets at extraction and purification facilities to serve the clean energy and hemp biomass industries; Hemp biomass tolling contracts with producers and hemp biomass providers are either signed or being negotiated in Canada and the U.S.; HTC will provide “local to grower” drying-to-biomass storage capability and transportation of dried biomass to HTC extraction facilities; HTC is constructing a 19,000-square-foot GMP Euro compliant extraction tolling facility…

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TuesdayAug 27, 2019 9:00 am

Factors Fueling Hemp Production in North Carolina

In 2017, the hemp pilot program in North Carolina attracted just 100 farmers. Fast-forward to this year and the number of licensed hemp growers has skyrocketed to 1,500. This number continues to grow day by day, so one would be driven to ask why hemp has attracted such huge interest. Several factors can explain why industrial hemp is likely to be more attractive as a cash crop in North Carolina in comparison to other states. The Declining Export Market The dwindling export market has had a devastating effect on farmers in North Carolina since a huge chunk of the produce…

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MondayAug 26, 2019 4:00 pm

Ongoing Hemp Transport Uncertainties Trigger Minnesota Warning

A hemp industry group in Minnesota has issued a warning to manufacturers to avoid ordering hemp biomass from out of state in the aftermath of a hemp delivery driver from Colorado who was arrested in South Dakota on drug-related charges. The hemp was destined for a manufacturing facility in Minnesota. The warning, issued by the Minnesota Hemp Association, a newly formed group that has so far attracted a few dozen people to join its ranks, comes just as a federal court is scheduled to hear arguments regarding the transportation of hemp. Joe Radinovich, the head of the Minnesota Hemp Association,…

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MondayAug 26, 2019 9:00 am

South Dakota Hemp Debate Taken to Dakotafest

The polarization surrounding the debate on whether industrial hemp should be legalized in South Dakota took center stage at the Dakotafest panel discussion which was held in Mitchell on Wednesday. Most of the discussants spent time presenting different options that could be considered as regulatory measures if hemp were to be legalized in the state. A lot of time was also spent discussing whether the benefits of legalizing hemp outweighed the risks that such a decision carried. Rep. Oren Lesmeister (R-Parade) argued that South Dakota will have the benefit of learning from other states, such as Colorado and North Dakota…

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FridayAug 23, 2019 4:00 pm

Maine Farmer Offers First Pick-Your-Own Hemp Crop

As the hemp industry takes root around the country, players at different levels of the value chain are bringing innovative ways to tap the opportunities that the industry has to offer. One farm in Whitefield, Maine has brought the pick-your-own concept from its fruit fields to hemp farming and this farm is set to make a killing using this novel way of selling fresh hemp. Sheepscot General Farm LLC is growing hemp for the first time this year. Ben Marcus and Hammer Marcus, the owners of this farm, are betting that the popularity of CBD will create a market for…

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FridayAug 23, 2019 11:53 am

The Future of Cannabis Edibles is Nanoemulsions, Geyser Brands Inc. (TSX.V: GYSR) Offering Advanced Delivery System

Nanoemulsions play an important role in the cannabis formulation market, because they provide a reliable solution to bioavailability and insolubility problems The nanoemulsion market is expected to grow steadily and reach a value of $14.91 billion by 2025 Geyser Brands has already established itself as a nanoemulsion pioneer through the development of its proprietary and highly effective NanoFusion technology As cannabis edibles and beverages are becoming more popular, the nanoemulsions market is experiencing rapid growth. Nanoemulsion-infused cannabis beverages offer a solution to some of the most common problems that the sector is facing, including the limited efficacy of hemp-derived products…

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