Adult-use cannabis sales plunged this week after briefly hitting new heights attributed to coronavirus concerns. Some of the other top headlines addressed in this week’s MJBizDaily podcast include: More states say medical cannabis shops can stay open amid the COVID-19 outbreak. States have allowed marijuana businesses to remain open despite coronavirus stay-at-home orders. Kentucky hemp […]Read More
The nationwide coronavirus outbreak could hamper cannabis legalization efforts along the East Coast and elsewhere, raising further questions about the launch of lucrative new adult-use and medical markets in New York and other states. Coronavirus already has caused a number of state legislatures to temporarily shut down, including ones on the East Coast that were […]Read More
The Kentucky House of Representative voted to legalize medical marijuana sales in the state. The bill, which passed 65-30, now moves to the state Senate. The House and Senate are controlled by Republicans. The House vote represents the first time a medical marijuana bill has passed either legislative chamber in Kentucky. The bill has a “narrow […]Read More
A Kentucky House committee on Wednesday overwhelmingly approved a bill that would legalize medical cannabis sales in the state. The legislation, House Bill 136, was approved 17-1 by the House Judiciary Committee. One of the lead sponsors, Republican Rep. Jason Nemes, said he expects the full House of Representatives to pass the bill by a wide […]Read More
U.S. health officials were once again cautioning the public to refrain from using vaping products as related respiratory illnesses and even deaths continued to be disclosed last week. As of Friday, officials linked at least five fatalities to e-cigarettes and electronic marijuana vaping devices. The outbreak has some in the cannabis industry expecting at least a […]Read More
The Senate’s top Republican says hemp shouldn’t be a controlled substance, and he plans to introduce a new bill to make the change. Republican Sen. Mitch McConnell made the announcement about the proposed change to federal hemp law Monday in his home state of Kentucky. “It’s now time to take the final step and make […]Read More
Rising acceptance for hemp and CBD – combined with easing regulations at the state level – caused U.S. hemp production to surge in 2017. From 2016 to 2017, the number of acres licensed for hemp cultivation in the top 10 hemp-growing states grew by 140% – while the number of hemp producers doubled over the same […]Read More
A Chinese hemp company and a California-based CBD company are building a new plant to manufacture CBD isolate in western Kentucky. The plant from HMI Group of Beijing and Kings Royal Biotech of Capistrano Beach, California, is expected to employ more than 100 people on nine acres in Bardwell, near the Mississippi River and just […]Read More
Kentucky checks all the boxes for nourishing a hemp revival.
Climate suited to the plant? Check. Friendly regulations from a state willing to experiment and invest in hemp? Check.
Lots of cheap land and a processing infrastructure that includes in-state decortication and CBD extractors? Check and check.
So why do some agronomists fear that Kentucky has reached its hemp zenith?
A company founded by Canadian investors is planning to launch a hemp-product development and manufacturing center in Kentucky. According to Lexington TV station LEX 18, AgTech Scientific plans to create 271 jobs in Bourbon County with a $5 million investment into the project. Here’s what you need to know: The 50,000-square-foot facility would be built on […]Read More
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.Read More
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 past week. Direct sales in Nevada As Nevada finalizes the rules for its […]Read More
Harvest terminates one deal and closes another, KushCo reorganizes for positive EBITDA, Curaleaf buys 3 dispensaries & moreMarch 27, 2020March 26, 2020
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- March 23, 2020
- March 16, 2020
- March 26, 2020
- March 20, 2020
- March 18, 2020March 17, 2020
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