UN report on hemp marks path to an $18 billion global industry
The global hemp market could reach $18.6 billion by 2027 if nations around the world take action to clarify the crop’s legal status and address…
Investment
SEC says California CBD exec accused of fraud lined his own pockets
The U.S. Securities and Exchange Commission (SEC) has targeted two privately held California pharmaceutical companies, seeking $6.6 million over an alleged inside deal involving the…
Pennsylvania company says it will invest $10.9 million in North Carolina fiber factory
A Pennsylvania company said it plans to invest $10.9 million in a new hemp fiber processing facility in North Carolina. BIOPHIL Natural Fibers, Phoenixville, Pennsylvania,…
Zimbabwe opens domestic market for CBD as traditional herbal medicine
Zimbabwe has opened up the domestic market for CBD as a traditional herbal medicine, expanding upon previous laws which had allowed production only for export….
With CBD gold rush over, U.S. Hemp is but a shadow of its former self
[First of three parts] As the gold rush in the CBD sector appears headed for a bitter end, it has left U.S. Hemp a mere…
European hemp clusters will look at strategies to finance innovation
A group of seven European hemp organizations will look at strategies to finance innovative initiatives in a webinar scheduled for Tuesday, July 5. The webinar…
Tennessee hemp stakeholders hope research will spur investment in fiber
The Tennessee Department of Agriculture (TDA) and a state hemp group have partnered to support research on the fiber supply chain by the University of…
Utah-based tribe launches company to develop a wide range of hemp products
The Ute Native American tribe has launched a company to turn out a wide range of products based on hemp, according to an announcement this…
Big players announce CBD plans after Thailand strikes cannabis from drug list
Several companies have announced plans to develop CBD business in Thailand following the removal of hemp and marijuana from the country’s list of dangerous drugs…
Canada’s Alberta province pushes dual cropping for fiber and grain
The Canadian province of Alberta is moving fast to develop infrastructure to support dual-cropping of hemp grain and fiber through ambitious initiatives that look to…
