Latest In: Hemp Industry News

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US hemp production grows 40% in 2024, reaching $445 million in value

U.S. hemp production surged in 2024, according to a recent report released by the U.S. Department of Agriculture’s…

News May 5
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Oklahoma gov seeks crackdown on intoxicating hemp-derived cannabinoids

Oklahoma's governor is asking the leaders of five state agencies to work together to crack down on intoxicating…

News April 30
2025 MJBiz Factbook cannabis economic impact
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Marijuana industry will add $123.6 billion to US economy this year

The total U.S. economic impact of regulated marijuana sales could top $123.6 billion in 2025, about 9% more…

News April 28
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How will Minnesota’s adult-use cannabis market shake out?

The adult-use cannabis market in Minnesota could end up mirroring the state’s celebrated craft beer scene.

News April 23
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Tennessee lawmakers redefine hemp, cannabinoids to ban THCA, delta-8 THC

Tennessee lawmakers approved sweeping changes to state law governing hemp and THC that effectively outlaw most hemp-derived products…

News April 21
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Rescheduling or descheduling marijuana: How would industry be impacted?

The possible reclassification of marijuana under the federal Controlled Substances Act is sparking debate about dismantling barriers to…

News April 21
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Cannabis veteran Joe Hodas is leaving infused products maker Wana Brands

Cannabis industry veteran Joe Hodas is wrapping up his last week as president of Colorado-headquartered infused products company…

News April 16
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California touts seizure of $316M in unlicensed cannabis in first quarter

California authorities have seized more than $316 million in unlicensed cannabis and $474,000 in cash in the first…

News April 14
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Florida Senate approves bill banning hemp-derived THC products

The Florida Senate has unanimously approved a bill that would ban delta-8 and delta-10 products while placing several…

News April 10
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Image of U.S. Rep. Pete Sessions, R-Texas, displaying a hemp poster containing two phrases: "What we thought we were getting" and "What we got"

House Republicans repeat hemp-derived THC grievances during FDA hearing

Republican lawmakers repeated familiar concerns about hemp-derived THC products Wednesday during a congressional hearing focused on the U.S.…

News April 9
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