January 2020 - Page 4 of 6

TuesdayJan 14, 2020 9:00 am

South Dakota Governor Reconsiders Vetoing Hemp Law

South Dakota’s governor, Kristi Noem, is considering giving the go-ahead to the development of a hemp industry law as long as it meets her requirements. On Thursday, Noem announced that although she is not in favor of hemp, she would not oppose the bill if the legislature approves it and it meets her requirements. Speaking with KELO, Noem detailed her requirements of which she said that the crop must have stringent regulations and that the lawmakers should devise a way to pay for the hemp program. The lawmakers have a draft bill ready and are planning to introduce it this…

MondayJan 13, 2020 4:00 pm

Iowa Considers Issuing Temporary Hemp Harvest and Transportation Permits

If you've been paying attention to the airwaves, you might have realized that hemp is being discussed with a lot more frequency. After being outlawed for decades, the crop was removed from the list of controlled substances by the 2018 Farm Bill. The legislation classified cannabis with less than 0.3% THC as industrial hemp, giving farmers in all states and tribes the leeway to grow the crop under state and tribal programs. And grow hemp they did. During the crop's first season of legality, American farmers planted 27,424 acres of hemp, and the number has quadrupled to 128,320 acres today.…

MondayJan 13, 2020 11:22 am

MCTC Holdings Inc. (MCTC) Launches Hemp You Can Feel™ Coffee Based on Patent Pending Hemp Extract Infusion Technology

Unique hemp extract coffee created via dual infusion clean label process using exclusively natural ingredients without chemical additives Company expands on development of infusion technologies to include exotic cannabinoids such as CBN and THC-V, which may improve sleep and control appetite Industrial hemp market to grow to $26.6 billion by 2025 at CAGR of 34.0% Cannabinoid science innovator MCTC Holdings Inc. (OTC: MCTC), doing business as Cannabis Global, Inc., announced the launch of Hemp You Can Feel™ Coffee based on its patent pending hemp extract infusion technologies. The coffee will become available to consumers later in January 2020. "The new…

MondayJan 13, 2020 9:00 am

Maine Hemp Farmers Voice Concerns With Proposed State Law

The 2018 Farm Bill was instrumental in the growth of the hemp/CBD sector. It made a clear distinction between marijuana and hemp, classifying cannabis with less than 0.3% THC as legal Industrial hemp. THC is the chemical that creates marijuana's infamous high, and farmers planning on growing hemp had to meet that low level of this compound. The legislation also instructed states and tribes to draw up their own hemp programs and submit them to the U.S, Department of Agriculture for approval. Several states have gone ahead and done so, creating their own hemp programs. Farmers in Maine, however, have…

FridayJan 10, 2020 4:00 pm

Arkansas Hemp Conference Slated for Mid February

The Arkansas Farmers’ Industrial Hemp Conference will be held on February 14 and 15 at the Wyndham Riverfront Hotel, which is located in the downtown area of North Little Rock. The two-day event was arranged to teach the farmers the benefits and drawbacks of including industrial hemp in their crop rotation. The conference will start on Friday at 2 p.m. and end on Saturday at 5 p.m. People looking to attend the two-day event should take advantage of the early bird special ticket going for $99, which is inclusive of a happy hour reception on Friday and lunch on Saturday.…

FridayJan 10, 2020 9:00 am

New Task Force Aims to Develop Hemp Sampling and Analysis Standards

Hemp is carving out an immense market for itself despite being legal for only a year in the U.S. The cash crop had been outlawed for decades before the Farm Bill legalized industrial hemp and its extracts. Pretty soon, the market for hemp was worth millions, and experts posit that it could hit $20 billion by 2026. In many ways, the sector's unprecedented growth turned out to be its biggest weakness. Since there's barely any information on hemp out there, a lot of people are playing it by ear, trying to learn on the go. This has resulted in a…

ThursdayJan 09, 2020 4:00 pm

7 Uses of Hemp You Probably Didn’t Know

Hemp is a plant that is nutritious, delicious, and environmentally friendly. People often confuse hemp and marijuana. however, they are slowly starting to understand that unlike marijuana, hemp does not induce a high and it has a growing list of uses, some of which are highlighted below. Renewable Plastic It would be impossible to count the number of times we come into contact with plastic in our daily activities. These plastics take centuries to decompose, and in the process, they end up polluting our land and oceans. Hemp has a natural compound called cellulose, which is used to make hemp…

ThursdayJan 09, 2020 9:00 am

2020 Annual Asia Hemp Summit Speakers Revealed

Hemp is one of the most useful plants you'll find out there. Most plants can only be used in a few ways, but hemp's applications are said to be in the thousands. Hemp can be used to make fabric, bioplastic, and hempcrete, a building material made from a mixture of hemp wood pulp, water, and lime. On top of that, hemp seeds have great nutritional value. We can't forget about cannabidiol (CBD), one of the over 100 cannabinoids produced by hemp. The chemical has garnered a name for itself as a potent natural medicine, and although there's little scientific evidence…

WednesdayJan 08, 2020 4:00 pm

5 in 10 Wisconsin Banks Likely to Offer Services to Hemp Businesses in 2020

At the beginning of December 2019, the Board of Governors of the Federal Reserve System, the Deposit Insurance Corporation, The Financial Crimes Enforcement Network (FinCEN), and the Office of the Comptroller of the Currency issued new guidance clarifying the legal status of hemp, the commercial production of hemp, the relevant requirements of financial institutions under the Bank Secrecy Act (BSA), as well as its implementing regulations. The new guidance exempts banks from filing Suspicious Activity Reports on the customers who are operating hemp-related businesses and adhere to the given regulations. On Monday, the Wisconsin Bankers Association released the findings of…

WednesdayJan 08, 2020 9:00 am

Pennsylvania Farm Show Highlights Hemp in Unique Ways

Hemp is quite an interesting crop, and more than that, it has extremely versatile applications. Outlawed for decades, it was finally freed from prohibition by the 2018 Farm Bill. The legislation classified cannabis with less than 0.3% THC content as legal industrial hemp, giving farmers in all states and tribes the leeway to farm it under state and tribal guidelines. THC (delta-9 tetrahydrocannabinol) is the compound that's responsible for marijuana's infamous 'high', and it's present in minuscule quantities in legal hemp. Hemp is also famous for producing a range of cannabinoids (including THC), over 100 to be exact. The most…