Hemp

On Dec. 11, the Consumer Analyst Group of New York hosted a group luncheon where Canopy Growth Corp. (NYSE: CGC) CEO Bruce Linton presented. Wells Fargo analysts attended the luncheon and presented their main takeaways. Overall, the analysts said they are optimistic about the company's...

New Age Beverages Corp (NASDAQ: NBEV) shares were trading up again Wednesday on the back of the Senate vote on the 2018 Farm Bill. The news lifted other hemp and CBD companies higher, including Youngevity International Inc (NASDAQ: YGYI) and Pyxus International Inc (NYSE: PYX). New Age shares...

The 2018 Farm Bill, a piece of legislation much anticipated by the hemp sector, is approaching the finish line. The House and Senate members who comprise the Farm Bill Conference Committee have released a final draft and filed the bill. One major highlight: the legalization of the cultivation of...

By William Sumner, Hemp Business Journal Contributor Last week, news broke that Congressional lawmakers had reached tentative agreement on the 2018 Farm Bill, including an amendment to fully legalize hemp in the United States. Yet, even as the hemp industry awaits final passage, some industry...

A few U.S. cannabis stocks traded sharply higher Wednesday afternoon following a positive update on the upcoming farm bill. What Happened Sen. Pat Roberts, a Republican from Kansas who chairs the Senate Agriculture Committee, said the farm bill has made a big step forward. Even though the bill is...

A new company is set to join the growing hemp market. MariMed Inc (OTC: MRMD) has agreed to invest $30 million in GenCanna Global as part of a strategic partnership.  What Happened MariMed develops and operates cannabis facilities and branded product lines in several U.S. states....

With global demand for hemp surging, China's sector is poised for years of dramatic growth. In 2017, Chinese hemp sales totaled $1.1 billion (USD), approaching 1/3 of the $3.1 billion global market, with sales forecasted to grow to $1.5 billion (up 36%) by 2020. In 2017, textiles accounted for...

By J.J. McCoy, Senior Managing Editor, New Frontier Data Not that the expanding patchwork of licensing regulations for hemp programs throughout the United States can be confusing and uneven, but had Johnny Appleseed faced all the challenges now confronting prospective American cultivators, he...

The Republic of Vanuatu, a 277,000-person South Pacific nation, has legalized medical cannabis. According to a series of official documents procured by Benzinga, the country will now allow the cultivation, production and use of medical marijuana. The plant was previously allowed to...

As a way to leverage the newly budding cannabis space, Canopy Growth Corp. (NYSE: CGC) has taken several proactive steps in diversification. What Happened Canopy Growth on Monday announced it has entered into an agreement to acquire the assets of ebbu, Inc., a leader in hemp research. The...