NewsRoom Articles - Page 95 of 251

WednesdayOct 02, 2019 1:29 pm

Geyser Brands Inc. (TSX.V: GYSR) Targeting Growth with Completion of Solace Management Acquisition, GMP Facility and New Product NPN

Geyser Brands is building on its mission to help people look, feel and do their best through value-added cannabis product solutions The company recently closed on its acquisition of established hemp brands manufacturer Solace Management, adding two-dozen wellness products and 57 SKUs to its stable The acquisition adds a 7,500-square-foot, GMP-compliant facility to an existing innovation hub and manufacturing subsidiary in Coquitlam, British Columbia Solace recently received approval for sales of a new pain-relief roll-on product following issuance of a natural product number from Health Canada The global topical pain relief market is forecast to reach $13.28 billion by 2025,…

WednesdayOct 02, 2019 9:00 am

2020 World Ag Expo to Debut Hemp Pavilion

Globally, industrial hemp is used in more than 250,000 products, and interest in this versatile plant doesn’t seem to have peaked just yet. For the first time, the World Ag Expo is going to feature a hemp pavilion where there will be space for exhibitors and a stage for seminars during the expo due to take place in February 2020. The World Ag Expo held in California each year is seen as the defacto signal that the new agricultural season is about to begin, and that is why the organizers see this event as the best time to hold seminars…

TuesdayOct 01, 2019 4:00 pm

Pine City, Minnesota, to Host Hemp Class on Wednesday

People who would like to learn more about the possibilities inherent in industrial hemp can have all their questions answered during a class that has been organized at Pine City High School, Minnesota on Wednesday (October 2) starting at 6:30 pm. Industrial hemp is the federally legal “cousin” of marijuana. By law, hemp should have no more than 0.3 percent THC on a dry weight basis. Because of its close resemblance to marijuana, one must obtain a license from the state in order to grow this crop. Additionally, inspectors from the state agriculture department have to perform compliance tests to…

TuesdayOct 01, 2019 9:00 am

USDA Officials Note Challenges in Providing Insurance Coverage to Hemp Farmers

When lawmakers passed the legalization of hemp under the 2018 Farm Bill, they did not expect hemp farmers to face challenges when securing crop insurance for the plant. The Senate Majority Leader, Mitch McConnell (R-KY) who said that the United States farmers are left out of the lucrative hemp industry, championed hemp legalization. The panel raised questions about the possibility of covering the hemp plant through the United States Department of Agriculture during the House of Agriculture Committee hearing. Chairman Collin Peterson (D-MN) asked the undersecretary for farm production and conservation, Bill Northey, how he was going to come up…

MondaySep 30, 2019 4:00 pm

Western US Farmers Scramble to Harvest Hemp as Early Snow Sets In

Early-season stormy weather is threatening to ruin the hemp fields in the Western states, and this risk has prompted farmers to scramble to harvest as much of their hemp crop as they can before about 50 inches of snow are dumped on their fields. Jamie Fitterer, the proprietor of Montana Hemp Co., says that farmers around Montana are “freaking out” and are in triage doing whatever they can to salvage their best hemp plants. He goes on to say that he and other farmers in Montana had embarked on harvesting their hemp and preparing the outdoor drying areas where the…

MondaySep 30, 2019 9:00 am

Canadian Company Clinches Deal to Grow 17,000 Acres of Hemp in China

A Toronto-based cannabis company announced on Tuesday that it had signed an agreement with a Chinese partner allowing the Canadian company to grow and process industrial hemp on 17,000 acres in China. Pure Global Cannabis, the Canadian company, signed this agreement with a Chinese company called KMT-Hansa Corp. KMT currently holds licenses to grow and process hemp on 17,000 acres in China, and they are teaming up with Pure Global to pull it off. Under the terms of the agreement, Pure Global will be responsible for providing the technology, know-how and the plant genetics required for the success of the…

FridaySep 27, 2019 4:00 pm

Nebraska Company Completes Work on Innovative Hemp Harvester

Agri-Products, Inc. has completed building from scratch an innovative hemp harvester that the company hopes will reduce the labor demand of the hemp industry at the time of harvesting the plants. This prototype that is now ready to be tested became possible after the company secured a Value-Added Prototype grant to the tune of $18,875 from York County, Nebraska. The innovators also worked closely with the York County Development Corp. during this project. Because Nebraska doesn’t currently regulate the farming equipment used in the hemp industry, Agri-Products, Inc. is taking its creation to Oregon for the necessary field testing activities.…

FridaySep 27, 2019 9:00 am

Hemp Sports Car Set to Revolutionize the Auto Industry

Did you know it's possible to make a flashy sports car with industrial hemp? In 1941, Henry Ford pioneered the concept of making plant-based vehicles, which were set to revolutionize the automotive industry. However, this wasn’t taken any further, until this year when the first hemp car rolled off the production line. The founder and CEO of Renew Sports Cars, Bruce Dietzen, flagged off the first hemp-bodied sports car. The sports car is made from three plies of woven hemp instead of using the fibreglass in-car panelling. The hemp composites are considered viable substitutes because they have the most significant…

ThursdaySep 26, 2019 4:00 pm

Hemp Experts Unhappy with Current THC Testing Protocols

The existing THC testing protocols in a number of states have not gone down well with hemp experts. This conclusion was due to an incident where farmers in Colorado had to destroy 741 acres of hemp in 2018 because it exceeded the state’s regulatory THC limit. The experts mentioned that the THC testing standard in Colorado was meaningless since the state only tested the first two inches of the plant and yet products were made from the entire plant, or a mix of different parts. The testing procedure, which requires only the top two inches to be tested, doesn't make…

ThursdaySep 26, 2019 9:00 am

Customers Bank Opens Doors to Hemp Businesses in Pennsylvania and New York

Customers Bank, a commercial bank based in Wyomissing in Pennsylvania, has announced that it will start doing business with hemp and hemp-based companies within Pennsylvania and New York. The bank said that it would provide all banking services, including mobile and online banking, commercial checking, bank fraud protection and wire transfers. The only condition that the bank is imposing is that those businesses should comply with the applicable state laws for the industry. The decision has been welcomed by many hemp businesses, especially startups, who said that they were relieved that Customers Bank was giving them an opportunity to grow…