Posts Tagged With

hemp

Get the latest cannabis and hemp industry news and insights.

Emerging Market Opportunities in the Hemp Industry

Emerging Market Opportunities in the Hemp Industry

The value of U.S. hemp production in 2021 reached $824 million according to The U.S. Department of Agriculture’s National Hemp Report. If estimates from the National Industrial Hemp Council are accurate, the value of U.S. hemp production will grow to more than $10 billion by 2025. Based on those numbers, it seems like the future of the hemp industry will be all about skyrocketing growth despite recent oversupply problems and dropping prices.

Cannacurio #53: Hemp License Trends in 2021

Cannacurio #53: Hemp License Trends in 2021

Cannabiz Media tracks every cannabis and hemp license that we can find. What’s been unique about hemp is how different states build out their licensing schemes. Trends to keep an eye on in 2022 include licensing at the retail hemp level as well as the growing role and influence of the Department of Agriculture.

What Consumers Want from CBD Brands

What Consumers Want from CBD Brands

CBD products have exploded in popularity in recent years, and new brands seem to be entering the market every week. However, the oversaturation of CBD brands is making it more challenging for consumers to know what to buy and where to buy it. 

Is Hemp the Biggest Opportunity in the Cannabis Market?

Is Hemp the Biggest Opportunity in the Cannabis Market?

The hemp industry continues holds significant potential and continues to appeal to investors and businesses despite the challenges businesses have faced recently. Here are some of the key factors that continue to attract people to the industry.

The Cannabis and Hemp Industries in 2020 – A Recap

The Cannabis and Hemp Industries in 2020 – A Recap

Who could have ever guessed how the world would change in 2020 when the year began? A global pandemic, quarantines, and economic shutdowns were not part of the conversation when cannabis and hemp businesses developed their plans for 2020.

Cannacurio: Nevada Industrial Hemp Overview

Cannacurio: Nevada Industrial Hemp Overview

The Nevada Department of Agriculture is the entity responsible for providing support to industrial hemp growers, seed producers and handlers. The Department defines these categories as follows:

What’s Next for Hemp Pilot Programs?

What’s Next for Hemp Pilot Programs?

The 2014 Farm Bill included a provision for university-led research into hemp cultivation, processing, and business development via state-initiated programs. Some individual states permitted hemp cultivation through their agriculture agencies while maintaining a required research component for participating farmers.

Cannacurio: License Insights from the Edible Arrangements Trademark Suit

Cannacurio: License Insights from the Edible Arrangements Trademark Suit

There has been a lot of coverage about a trademark lawsuit between Edible Arrangements and Green Thumb Industries. In the articles we’ve reviewed, we have seen no mention of the fact that the Edible Arrangements ...

Cannacurio: Virginia’s Industrial Hemp Overview

Cannacurio: Virginia’s Industrial Hemp Overview

Last week we reported on one of the three license types managed by the Virginia Department of Agriculture and Consumer Services (VDACS). This regulator handles hemp registrations for all value chain participants including growers, processors and dealers.

Cannacurio: Virginia’s Industrial Hemp Dealers

Cannacurio: Virginia’s Industrial Hemp Dealers

The Virginia Department of Agriculture and Consumer Services (VDACS) handles hemp registrations for all value chain participants including growers, processors and dealers. An Industrial Hemp Dealer buys industrial hemp from a grower ...

Cannacurio: Tennessee Hemp

Cannacurio: Tennessee Hemp

Hemp has been an important crop throughout the history of the U.S., and to a certain extent in Tennessee according to Tennessee’s Department of Agriculture. The history of hemp production in Tennessee dates to the early 19th century with the arrival of pioneer families.

Brand Building in the Hemp CBD Market

Brand Building in the Hemp CBD Market

The U.S. Department of Agriculture (USDA) began accepting state and tribal hemp production plans in 2019, and already, 17 states’ plans and 29 tribes’ plans have been approved. Additional state and tribal plans are in various stages of drafting and review.

Cannacurio: Texas Hemp

Cannacurio: Texas Hemp

The 2018 Farm Bill legalized the commercial production of hemp and authorized states to submit state plans to administer hemp programs. On June 10, 2019, House Bill 1325, was signed into law by Texas Governor Greg Abbott.

Cannacurio: Connecticut Hemp

Cannacurio: Connecticut Hemp

It is hemp season and today’s Cannacurio delves into the hemp licenses in our home state of Connecticut. Connecticut has three types of licenses right now that include cultivation, processing and manufacturing.

Cannacurio: Hemp Retail Expands to Florida

Cannacurio: Hemp Retail Expands to Florida

Our team has been working with the Florida Department of Agriculture & Consumer Services (FDAC) to understand how they are handling hemp-derived CBD at the retail level. On January 1, 2020 new regulations became effective allowing ...

Cannabiz Media Year in Review

Cannabiz Media Year in Review

We closed out another banner year of license growth in 2019. Since Cannabiz Media tracks 153 jurisdictions/programs with cannabis and hemp in the United States, Canada, and beyond, our team is in a unique position to see license trends.

What’s Coming for the U.S. Hemp Industry in 2020?

What’s Coming for the U.S. Hemp Industry in 2020?

More than a year has passed since the 2018 Farm Bill made hemp farming, production, and sales legal in the United States again. During that time, a lot of farmers and entrepreneurs have jumped into the hemp industry, ...

What the USDA Hemp Rules Mean for the Future of Hemp Licensing

What the USDA Hemp Rules Mean for the Future of Hemp Licensing

On October 29, 2019, the U.S. Department of Agriculture (USDA) released its interim final rules for the U.S. Domestic Hemp Production Program with a 60-day period allowed for comments.

10 Innovative Technologies in the Hemp Industry

10 Innovative Technologies in the Hemp Industry

The future of the hemp industry is technological innovation. This is an industry that is already growing rapidly despite the fact that formal federal and state rules aren’t in place yet. As the hemp industry grows, more advanced technology will be required ...

3 Critical Factors Crippling the Hemp Industry

3 Critical Factors Crippling the Hemp Industry

While the number of acres of hemp grown in the U.S. grew from 9,770 acres in 2016 to 78,176 acres in 2018, it wasn’t until the 2018 Farm Bill was passed in December 2018 that the industry really had a chance.