NewsRoom Articles - Page 80 of 251

FridayJan 10, 2020 9:00 am

New Task Force Aims to Develop Hemp Sampling and Analysis Standards

Hemp is carving out an immense market for itself despite being legal for only a year in the U.S. The cash crop had been outlawed for decades before the Farm Bill legalized industrial hemp and its extracts. Pretty soon, the market for hemp was worth millions, and experts posit that it could hit $20 billion by 2026. In many ways, the sector's unprecedented growth turned out to be its biggest weakness. Since there's barely any information on hemp out there, a lot of people are playing it by ear, trying to learn on the go. This has resulted in a…

ThursdayJan 09, 2020 4:00 pm

7 Uses of Hemp You Probably Didn’t Know

Hemp is a plant that is nutritious, delicious, and environmentally friendly. People often confuse hemp and marijuana. however, they are slowly starting to understand that unlike marijuana, hemp does not induce a high and it has a growing list of uses, some of which are highlighted below. Renewable Plastic It would be impossible to count the number of times we come into contact with plastic in our daily activities. These plastics take centuries to decompose, and in the process, they end up polluting our land and oceans. Hemp has a natural compound called cellulose, which is used to make hemp…

ThursdayJan 09, 2020 9:00 am

2020 Annual Asia Hemp Summit Speakers Revealed

Hemp is one of the most useful plants you'll find out there. Most plants can only be used in a few ways, but hemp's applications are said to be in the thousands. Hemp can be used to make fabric, bioplastic, and hempcrete, a building material made from a mixture of hemp wood pulp, water, and lime. On top of that, hemp seeds have great nutritional value. We can't forget about cannabidiol (CBD), one of the over 100 cannabinoids produced by hemp. The chemical has garnered a name for itself as a potent natural medicine, and although there's little scientific evidence…

WednesdayJan 08, 2020 4:00 pm

5 in 10 Wisconsin Banks Likely to Offer Services to Hemp Businesses in 2020

At the beginning of December 2019, the Board of Governors of the Federal Reserve System, the Deposit Insurance Corporation, The Financial Crimes Enforcement Network (FinCEN), and the Office of the Comptroller of the Currency issued new guidance clarifying the legal status of hemp, the commercial production of hemp, the relevant requirements of financial institutions under the Bank Secrecy Act (BSA), as well as its implementing regulations. The new guidance exempts banks from filing Suspicious Activity Reports on the customers who are operating hemp-related businesses and adhere to the given regulations. On Monday, the Wisconsin Bankers Association released the findings of…

WednesdayJan 08, 2020 9:00 am

Pennsylvania Farm Show Highlights Hemp in Unique Ways

Hemp is quite an interesting crop, and more than that, it has extremely versatile applications. Outlawed for decades, it was finally freed from prohibition by the 2018 Farm Bill. The legislation classified cannabis with less than 0.3% THC content as legal industrial hemp, giving farmers in all states and tribes the leeway to farm it under state and tribal guidelines. THC (delta-9 tetrahydrocannabinol) is the compound that's responsible for marijuana's infamous 'high', and it's present in minuscule quantities in legal hemp. Hemp is also famous for producing a range of cannabinoids (including THC), over 100 to be exact. The most…

TuesdayJan 07, 2020 4:00 pm

Iowa Ag Department Starts Receiving Comments on Its Proposed Hemp Program

The Agriculture Secretary in Iowa, Mike Naig, has revealed that the Department of Agriculture is now accepting public comments on the Iowa hemp production rules. The department has received many questions about industrial hemp, he added. He admitted that people are interested in additional opportunities as well as the chance to diversify their farming activities. From the time hemp was legalized under the 2018 Farm Bill, the crop has been getting much attention. According to Naig, industrial hemp planting, growing and harvesting would be regulated by the Department of Agriculture through the proposed administrative rules once they are finalized. He…

TuesdayJan 07, 2020 2:18 pm

Plus Products Inc. (CSE: PLUS) (OTCQX: PLPRF) Focuses on Growing the Leading Cannabis Gummy Brand in California, Announces New Distribution Partner

Plus Products boasts best-selling cannabis product in California in 2019 Company recently announced transition to HERBL Distribution Solutions as main California distribution partner PLUS is growing brand, focusing on both current and new market opportunities Plus Products Inc. (CSE: PLUS) (OTCQX: PLPRF), a hemp and cannabis food company using nature to bring balance to consumers’ lives, is on a mission to make cannabis safe and approachable. PLUS(TM) is working to build the world’ strongest cannabis brand. Headquartered in San Mateo, California, the company focuses on producing edibles using extracts to ensure compliant, dosable and appetizing products that provide a consistent…

TuesdayJan 07, 2020 12:49 pm

MCTC Holdings Inc. (MCTC) CEO Discusses Development of Hemp-Related Products and Delivery Technologies in Exclusive Interview

The company aims to promote cannabinoid-infused beverages without adverse side effects, superior to most analogical products, to potentially replace alcohol Expanding on development of infusion technologies to include exotic cannabinoids, such as CBN and THC-V, which may improve sleep and control appetite Global industrial hemp market is expected to grow to $26.6 billion by 2025 at CAGR of 34.0% Cannabinoid science innovator MCTC Holdings Inc. (OTC: MCTC), doing business as Cannabis Global, Inc., is undergoing a rebranding process with the goal of developing unique products that will allow it to take advantage of cannabis industry opportunities while avoiding overcrowded and potentially…

TuesdayJan 07, 2020 9:00 am

Ohio Quickly Transitions into a Hemp Trendsetter

Compared to other states such as Colorado, Nevada, and Oregon, Ohio was lagging in the exploration of the opportunities presented by the lucrative hemp industry; however, after the approval of the 2014 Farm Bill, Ohio has now turned into a trendsetter in federally certified hemp programs. Louisiana, New Jersey, and the Buckeye State submitted their hemp programs to the USDA, and on Dec. 27 the agency announced that it has approved their plans. The three states are the first in the U.S. to have their programs approved by federal hemp regulators. The executive director of the Ohio Hemp Association trade…

MondayJan 06, 2020 4:00 pm

Idaho Legislature to Consider Another Hemp Legalization Bill This Year

Hemp is finally starting to shake off the effects of decades of prohibition, and more and more states and territories are working on measures to legalize the crop. Some states like Idaho that have had a negative reception towards cannabis legalization might join the ranks of states that allow cannabis use within their borders. The measure by Rep. Dorothy Moon will be her fourth effort after the first three failed in the state legislature. First off, let's make the distinction between hemp and marijuana. Both are varieties of cannabis, but what differentiates them is their THC levels. THC (delta-9 tetrahydrocannabinol)…