A Canadian cannabis company has upped the amount of money it raised through a new crowdfunding method aimed at smaller investors, bringing in over 60% than initially reported.
Kristen Nichols
Kristen Nichols's Latest Posts
Texas CBD program stalls as growers produce oils but have no patients
Texas’ long-awaited CBD program is underway. Sort of. The nation’s second-most populous state has a limited CBD program, three licensed growers and plants harvested. But Texas has no patients just yet, a signal that the state's elaborate hurdles are blocking consumers...
Hemp State Highlight: Tennessee fights humidity, lack of processing in bid to gain market share
Some hemp growers struggle to get water for their crops.
In Tennessee, hemp farmers have the opposite problem: They must grow a plant – one that doesn’t like soggy roots – in a climate with high humidity and more than 50 inches of rain a year.
Week in Review: Nevada’s unhappy MJ growers, hemp’s friends in Congress & New York weighs adult use
Nevada marijuana growers are displeased with the state's updated regulations, Congress members counter the DEA's view of CBD, and New York may take a look at recreational cannabis. Here’s a closer look at some notable developments in the marijuana industry over the...
Colorado company develops first US-bred hemp seed variety
A Colorado cannabis company has developed the first hemp seed bred entirely in the United States in the modern era, according to the state's agriculture department. The Colorado Department of Agriculture said the seed variety, called NWG-Elite, was developed by New...
Crowdfunding effort nets CA$6.2M for Canadian hemp, marijuana company
A new crowdfunding method aimed at smaller investors helped a Canadian cannabis company raise 6.2 million Canadian dollars ($4.1 million). True Leaf Medicine, a company in Vernon, British Columbia, that makes hemp-derived treatments for animals and marijuana products...
Sessions’ marijuana antagonism spooks hemp industry, but some see silver lining
Attorney General Jeff Sessions didn’t have hemp in mind when he repealed Obama-era protections for state-legal marijuana businesses. But his Jan. 4 announcement sent shock waves into the hemp industry, too, leaving entrepreneurs scrambling to reassure skittish...
CBD confusion mounts in Iowa as police seize goods but don’t always test for THC
Iowa police who've been seizing CBD products off stores shelves have in some cases not been testing them to see if they contain illegal THC, adding to the confusion surrounding cannabidiol's legal status in the state. Authorities have seized oils, lotions and candies...
Congress members defend CBD, blast DEA’s hemp decision
In a bold show of support for the hemp industry and CBD, 28 members of Congress are asking a federal appeals court to reject the Drug Enforcement Administration’s argument that cannabidiol is a Schedule 1 drug. The Congress members filed the brief Thursday in...
Hemp State Highlight: Virginia’s changing hemp model could pay big dividends
You can’t make money growing hemp in Virginia. Literally, even though the plant is legal.
Virginia bans farmers from selling the crop commercially and limits hemp production to a handful of university research projects.
If that strikes you as odd for a state with centuries of experience growing hemp, you’re not alone.
Colorado hemp producer leaving for Arkansas’ new market
A hemp grower and CBD manufacturer in Denver is shifting operations to Arkansas, which will allow hemp cultivation and processing for the first time this year. Tree of Life Seeds is owned by Arkansas natives who said they set up shop in Colorado in 2015 to learn the...
Detroit freezes medical marijuana business licensing process
Detroit is delaying action on new medical marijuana licenses because of a pending lawsuit, prompting fears that about 60 dispensaries in the city will have to close their doors. The lawsuit was filed by seven to 10 businesses that were denied medical marijuana...
