Hemp oil purveyor Phivida is expanding distribution in California, confident that its functional food positioning will insulate it from any regulatory vicissitudes.
A move announced yesterday by US Attorney General Jeff Sessions to allow federal prosecutors to pursue marijuana enforcement cases further unsettles the regulatory underpinning for those companies seeking to use hemp derivatives for nutritional products.
The supply of industrial hemp is ramping up quickly, as a company formed by growers in Kentucky reported $2 million in payments to farmers for the 2016 crop. But demand for CBD still far outstrips supply, a company officer said.
With 28 US states now allowing farmers to grow industrial hemp – a crop that stubbornly remains on the DEA’s controlled substances list although it has no psychoactive effects – it is only a matter of time before the federal ban on its cultivation is...
The Hemp Industries Association and the Kentucky Hemp Industry Council have filed a petition with the US Drug Enforcement Administration (DEA) to remove industrial hemp plants from its list of controlled substances.
According toThe Hemp Industries Association (HIA), total retail sales of hemp food, supplements, and body care products in the US in 2015 approached $283 million. With auto parts, building materials and clothing added, the figure rose to at least $573...
Cannavest, a Las Vegas, NV-based company active in the CBD marketplace, has reported a sharp increase in losses in its second quarter, 2015 earnings statement. But the company also hit the retail market with its PlusCBD Oil product and secured significant...
For those monitoring the potential market of dietary supplements based on cannabidiol the message is this: Don’t hold your breath for products made in the US, if the experience of Colorado industrial hemp growers is any benchmark. The complex and in some...
Canadian company Naturally Splendid, which has long experience in hemp production, is the latest to move toward marketing a dietary supplement based on cannabidiol (CBD), a non-narcotic fraction of the cannabis sativa plant.
Despite the continued murkiness surrounding the legality of non-narcotic fractions of cannabis sativa for dietary supplement use, one company is forging ahead with hemp ingredient production in Colorado. And it doubtless will be joined by others, as...
Two North Dakota farmers who had their commercial hemp farming case
dismissed are now appealing the decision with the federal
court, further battling for the protein crop's right to grow.
