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EXCLUSIVE: DoorDash Reveals Why It's Betting On THC, CBD Delivery
Friday, February 7, 2025 - 9:28am | 1087DoorDash Inc (NASDAQ:DASH), the local commerce behemoth that reshaped how Americans order food, is making a calculated foray into the cannabis-adjacent market with hemp-derived THC and CBD products. The move isn't happening in a vacuum. Globally, major delivery players are testing the waters with...
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Will Hemp Clothing Ever Become Affordable? Here's What's Changing
Thursday, December 5, 2024 - 10:28am | 671Hemp clothing is gaining traction as an eco-friendly alternative in the apparel industry. Yet, the higher price tag often deters consumers. This premium stems from production challenges, including natural yarn inconsistencies, rigorous quality control processes and the commitment to sustainable...
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Illinois New Hemp Regulations Delayed After Industry Members Voice Concerns
Wednesday, December 4, 2024 - 12:43pm | 641Illinois hemp growers and advocates have pressed pause on a set of proposed state regulations they say threaten the survival of small and minority-owned businesses in the industry. The Illinois Department of Agriculture (IDOA) and a legislative committee announced a 45-day delay in finalizing the...
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Beyond The CBD Bubble: Can Hemp Fiber Boost US Manufacturing With Eco-Friendly Products?
Monday, December 2, 2024 - 5:50pm | 1243As the U.S. hemp industry moves beyond the CBD bubble that led many farmers and manufacturers into financial strain, hemp fiber production is emerging as a promising alternative. While specialty crops often create market volatility due to their niche appeal, hemp fiber could provide a more...
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Brazil Greenlights Hemp Production, Sale: A Game-Changer For Medical Cannabis
Friday, November 29, 2024 - 11:49am | 683Brazil has made a landmark move in the cannabis sector. In a pivotal decision, the Superior Court of Justice (STJ) ruled in favor of cultivating, processing and selling industrial hemp for medical and pharmaceutical uses. This ruling opens the door to significant new opportunities for both domestic...
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Kentucky Awards First Medical Cannabis Dispensary Licenses
Tuesday, November 26, 2024 - 6:28pm | 438Kentucky took a significant step in its medical cannabis program on Monday, awarding the first 36 dispensary licenses through a randomized lottery system. Governor Andy Beshear announced the winners, emphasizing the program's fairness and focus on providing safe and affordable access to medical...
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Hemp And Thanksgiving: From The Mayflower To Independence, The Crop That Helped Build A Nation
Monday, November 25, 2024 - 4:23pm | 1123Hemp has long been a cornerstone of American industry, from its vital role in the Mayflower's journey to its symbolic importance in the fight for independence. As we celebrate Thanksgiving, it’s fitting to reflect on how this versatile crop helped build the foundation of the U.S., in the past...
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Hemp-Focused CV Sciences Expands Via New Cannabis Acquisition, Here's What Investors Need To Know
Friday, November 22, 2024 - 2:35pm | 540CV Sciences, Inc. (OTCQB:CVSI) a hemp-focused wellness company announced on Thursday it's acquiring Extract Labs, Inc., a manufacturer and distributor of premium cannabinoid products including gummies, topicals and tinctures. What Happened The company noted that it has entered into a definitive...
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Can Idaho Lead The Hemp Industry? Only If Regulations Change
Thursday, November 21, 2024 - 2:16pm | 735Idaho, the last U.S. state to legalize industrial hemp in April 2021, has significant potential to become a national leader in hemp cultivation. However, restrictive regulations are slowing the industry's growth, leaving farmers frustrated and cautious. "Everyone’s nervous that it’s...
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Ricky Williams' Highsman Merges With Hemp Brand Frozen Fields
Wednesday, November 20, 2024 - 3:48pm | 527Highsman, the cannabis brand founded by former NFL running back and Heisman Trophy winner Ricky Williams, has merged with Frozen Fields, a North Carolina-based hemp company and its sister entity Abundant Labs. The merger establishes Top Seed Inc. as the parent company while maintaining the Highsman...
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Billion-Dollar Strike: Farm Bill Amendment Could Change The Hemp Industry
Tuesday, November 19, 2024 - 12:55pm | 709Senate Agriculture Chair Debbie Stabenow's (D-Mich.) proposed that the 2024 Farm Bill include a subtle yet profound amendment poised to reshape the hemp industry. Released Monday, the bill revises key regulatory language, replacing "delta-9" THC with "total" THC and explicitly including THC-A in...
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USDA Extends Hemp Testing Flexibility, Postpones DEA Lab Certification Rule
Monday, November 18, 2024 - 12:29pm | 590The U.S. Department of Agriculture (USDA) has once again postponed the enforcement of a requirement for hemp testing to be conducted by Drug Enforcement Administration (DEA)-registered laboratories, granting the industry another year of flexibility. Under this extension, hemp produced through the...
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Was The Whole Gummy Too Much? Azuca Solves The Cannabis Edibles Problem With Food-Tech
Thursday, November 14, 2024 - 6:03pm | 1463New whole flower gummies -Azuca & Flower Union If you've ever regretted eating that second gummy because the first one took forever to kick in, you're not alone. From unpredictable highs to hours of couch lock, the edible experience can be a minefield of bad trips. But Azuca is on a...
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CV Sciences Q3: Revenue Stable Amid New Launches, Financing
Thursday, November 14, 2024 - 5:53pm | 583CV Sciences, Inc. (OTCQB:CVSI), a hemp-focused wellness company, announced stable revenue in its Q3 2024 financials on Thursday. The company generated $3.9 million in revenue, a slight decline from $4.1 million in Q3 2023, yet maintained a gross margin of 46%, up from 45.1% the previous year. Q3...
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YouGov Poll Reveals What Women Want With Weed: Relax, Mindfulness And Great Deals
Wednesday, November 13, 2024 - 7:48pm | 614As cannabis gains traction in the U.S., women are breaking free from social stigma and traditional roles, embracing cannabis. A recent YouGov poll highlights how women are increasingly using cannabis to relax, improve their well-being and practice mindfulness. The data sheds light on key trends...