Hemp Industry News

Marijuana, hemp side by side at MJBizConNEXT & Hemp Industry Daily Conference in New Orleans

The cannabis industry is in New Orleans this week for MJBizConNEXT with attendees having the option to specifically focus on either marijuana or hemp – or both, for that matter. That’s because, for the first time, Marijuana Business Daily is hosting side-by-side conferences for both varieties of the cannabis sativa plant, Wednesday-Friday at the Ernest […]

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Marijuana Business This Week: MJBizConNEXT sees the future, critical California CBD hearing, Ohio eyes MMJ expansion & more

Here are some notable stories and events in the cannabis industry to watch for in the coming days: WHAT’S NEXT: More than 4,000 attendees and 300 exhibitors are flocking to New Orleans for MJBizConNEXT 2019, where they will contemplate what’s ahead for the ever-changing cannabis and hemp industries. For three days beginning Wednesday at the […]

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Week in Review: Illinois makes history, New Jersey expands medical cannabis, FDA mulls CBD in food & more

Illinois legalizes adult-use cannabis, New Jersey maps a major expansion of its medical marijuana program, the U.S. Food and Drug Administration holds a landmark hearing – plus other important news from around the industry. Illinois marks a first Illinois became the first state in the country to legalize a commercial recreational market through its Legislature. […]

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Report: CBD sales in the US to reach $7 billion by 2023 as investments surge

Financial firms are taking advantage of billions of dollars in business opportunities opened in the U.S. hemp industry by passage of the U.S. Farm Bill, according to a new report from MJBizDaily Investor Intelligence. Hemp firms raised more than $230 million in the first five months of the year, according to data included in Investment […]

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Nevada is poised to create cannabis compliance board

Nevada legislators passed a bill to create a board that will oversee the state’s legal marijuana industry. The Cannabis Compliance Board will be tasked with establishing requirements for marijuana delivery services and studying MJ consumption lounges. Here’s what you need to know: The board would be barred from legalizing and licensing lounges. The bill prohibits a […]

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Marijuana Business This Week: Honing IL legalization language, taking reservations in Massachusetts, hempseeds enter space & more

Here are some notable stories and events to watch for in the coming days: LEARNING THE LANGUAGE: Substantial language to incorporate into a bill legalizing adult-use marijuana in Illinois could come as early as Tuesday, according to one of its key proponents. In early April, an Illinois Senate panel advanced a placeholder legalization bill that […]

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