NewsRoom Articles - Page 81 of 251

MondayJan 06, 2020 11:59 am

SinglePoint Inc. (SING) Credits Solar, Hemp, New Distribution Agreements for Surging Revenue, Strong 2020 Outlook

SING reports 176% revenue growth for Q3 2019 – largest ever for the company Explosive growth of 2019 forecast to continue into 2020 Company distributing, debuting new line of JTI USA’s PrimeTime Little Cigars at 2019 MJBIZCON Show Singlepoint Inc. (OTCQB: SING), which specializes in acquisitions of small to mid-sized companies with an emphasis in new technologies, is celebrating results from an impressive Q3 resulting from multiple strategic ventures. The recent acquisition of Direct Solar, product launches of PURE hemp products and distribution agreements within the hemp industry are providing investors opportunity across a wide range of assets. During an interview…

MondayJan 06, 2020 9:00 am

Unfavorable Laws Force Hemp Businesses Out of Florida

Hemp is an extremely versatile crop, said to have thousands of uses. The plant's uses range from industrial applications like making bioplastic and construction materials, to nutritional uses. Not to mention the plethora of cannabinoids it produces, such as cannabidiol (CBD) and cannabigerol (CBG), which have their own wide-ranging applications. The 2018 Farm Bill released hemp from decades of illegality, classifying cannabis with less than 0.3% THC as industrial hemp. The legislation gave farmers the green light to grow the crop under state and tribal programs, as long as they adhered to the federal regulations. Floridian Bryan Coco saw this…

FridayJan 03, 2020 4:00 pm

German Engineer Launches Small Scale Hemp Harvester

One of the biggest complaints that hemp producers in the U.S. and elsewhere have had is how laborious and time-consuming harvesting hemp is. These farmers may soon have a reason to smile once an invention by a German electrical engineer becomes available outside Europe. Heinrich Wieker, the brain behind Henry’s Hemp Harvester (HHHarvester), took four years to develop his unique machine that is geared at addressing the needs of small and medium scale hemp growers. He explains that the harvester uses a patented stripping mechanism to sever the stem while simultaneously stripping the flowers from the plant. The stalks remain…

FridayJan 03, 2020 9:00 am

5 Problems Farmers Identify in the USDA Hemp Rules

The 2018 Farm Bill was instrumental in pushing the hemp industry from restriction to one worth billions of dollars. The legislation legalized the cultivation and sale of industrial hemp, classifying hemp as cannabis with less than 0.3% THC content. On condition that farmers grew the crop under state and tribal programs, and they adhered to the rule on THC (delta-9 tetrahydrocannabinol), they were free to farm hemp. A few months later, there was a raving hemp Industry, but since there were hardly any regulations, players in the sector, especially farmers, were denied essential services like insurance and banking. In October,…

ThursdayJan 02, 2020 4:00 pm

7 Predictions for the Hemp Industry in 2020

The past few years have been instrumental for hemp. The crop is insanely versatile, said to have thousands of applications ranging from industrial ones, such as making bioplastic, fibers and construction materials to nutritional uses. Not to mention it has over a hundred cannabinoids which, according to the limited research we have, are extremely beneficial, especially medically. It was illegal at the federal level to plant hemp for decades, but after the 2018 Farm Bill legalized cultivating industrial hemp, the industry blew up. As 2020 gets underway, a few industry players have given their predictions on what will unfold for…

ThursdayJan 02, 2020 9:00 am

Nebraska Submits its Hemp Plan to the USDA

After decades of being classified as a controlled substance, hemp was finally legalized in 2018 by the Farm Bill. The legislation classified cannabis with less than 0.3% THC as industrial hemp. THC, or delta-9 tetrahydrocannabinol, is the chemical in marijuana that makes users 'high', and legal hemp varieties have minuscule levels of it. The Farm Bill gave farmers all over the country the green light to grow industrial hemp under state and tribal programs, as long as the hemp met the federal requirements. The bill also instructed states to create their own hemp plans and submit them to the U.S.…

MondayDec 30, 2019 4:00 pm

Colorado Department of Agriculture Approves Four Additional Hemp Varieties

Last December, the Farm Bill released hemp from decades of classification as a controlled substance. The legislation classified cannabis with less than 0.3% THC content as industrial hemp and gave farmers in all states the green light to farm the crop under state and tribal hemp programs. This was on the condition that they complied with federal regulations, especially THC level requirements. Shortly after the Farm Bill was passed, the demand for hemp-derived CBD exploded and exponentially increased the demand for hemp by extension. To pass the Farm Bill's THC level requirements, farmers would require hemp strains with minuscule levels…

MondayDec 30, 2019 9:00 am

Kentucky Hemp Conference Underscores Current Industry Risks

On Thursday last week, an association representing Kentucky's hemp industry held a conference in Murray. The gathering involved hemp farmers, processors, and regulators, and it highlighted the continuing regulatory uncertainty that's been facing the hemp industry. Hemp became legal after the 2018 Farm Bill distinguished cannabis with minuscule levels of THC, less than 0.3%, giving farmers the green light to farm it under state and tribal programs. However, most states have different laws concerning hemp and its extracts. Some allow it, some don't, while some don't even have hemp programs. This patchwork of legislation was one of the main issues…

FridayDec 27, 2019 4:00 pm

US Hemp Farmers Join Forces and Launch National Association

Last week, an announcement for the launch of a national hemp trade association for hemp farmers in Indianapolis was made. The trade association is referred to as United States Hemp Growers Association (USHGA). A diverse group of leaders founded the association. The purpose of the association is to provide farmers with world-class education, resources for market development, and research. It would also provide them with networking opportunities while uniting farmers to ensure that they are actively involved in significant advocacy efforts. The USHGA founding partners include U.S. Hemp Farming Alliance, First Crop, Hilo Seed, GenCanna, International Hemp Solutions, and Farm…

FridayDec 27, 2019 9:00 am

USDA Extends Hemp Rules Comment Period By 30 Days

Players in the hemp sector could finally heave a sigh of relief after the U.S. Department of Agriculture released the much-awaited interim final rule on hemp this October. Published in the Federal Register on October 31, the rule established a domestic hemp production program authorized by the Agricultural Improvement Act of 2018, also known as the Farm Bill. When the 2018 Farm Bill legalized industrial hemp and its extracts last year, the market for hemp and hemp-derived CBD exploded. By the end of 2018, the CBD market was worth at least $8 billion, and it's expected to hit $20 billion…