Industry News

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Hemp Industry Daily The leading source of financial, legal and B2B news for the hemp industry.

  • Michigan bill would raise hemp fees, require total THC testing
    by ivanm on July 14, 2020 at 5:27 pm

    The Michigan Legislature passed a bill to largely align the state’s hemp industry with federal standards, including total THC testing. The measure also raises licensing fees more than 10 times. The bill has been waiting on action from Gov. Gretchen Whitmer since July 2, according to the Grand Rapids Business Journal. Michigan hemp farmers are Michigan bill would raise hemp fees, require total THC testing is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

  • Mississippi directs hemp growers to apply for USDA program, passing on state program
    by Laura Drotleff on July 14, 2020 at 3:51 pm

    One of the last hemp holdout states, Mississippi, has directed farmers interested in growing the crop to apply for an individual producer license through the U.S. Department of Agriculture. Mississippi directs hemp growers to apply for USDA program, passing on state program is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

  • HIA new executive director on COVID-19: ‘We hit a real cash-flow crisis point earlier in the year’
    by ivanm on July 14, 2020 at 10:30 am

    New Hemp Industries Association Executive Director Jody McGinness is coming into his role during a time of great change. The executive director role has been vacant since the departure of Colleen Lanier at the end of 2019. Months later, HIA president Joy Beckerman left abruptly under less-than-friendly circumstances. Meanwhile, some state chapters have asked the HIA new executive director on COVID-19: ‘We hit a real cash-flow crisis point earlier in the year’ is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

  • Peru opens the door to CBD medicines, with commercialization imminent
    by Kristen Nichols on July 13, 2020 at 5:59 pm

    Peru is giving hemp-derived medicines the green light, with commercialization imminent once the respective companies obtain the necessary import permits. Peru opens the door to CBD medicines, with commercialization imminent is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

  • Neptune Wellness Solutions to sell $12 million in shares for operating capital
    by Laura Drotleff on July 13, 2020 at 4:20 pm

    Neptune Wellness Solutions has entered into definitive agreements with healthcare-focused institutional investors, selling off more than 4.7 million common shares at an offering of U.S. $2.65 per share to raise USD $12.65 million. Neptune Wellness Solutions to sell $12 million in shares for operating capital is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

  • Hawaii wants ban on smokable hemp with new rules sent to governor
    by ivanm on July 13, 2020 at 3:21 pm

    The Hawaii Legislature has approved a bill that aligns its hemp testing with federal law and joins other states in banning smokable hemp and CBD-infused edibles. Hawaii wants ban on smokable hemp with new rules sent to governor is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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