Hemp

By Trevor Grode, Data Analyst, New Frontier Data Two high-profile Kentucky hemp companies – GenCanna Global and Sunstrand, LLC, respectively – have filed for bankruptcy this month, creating doubts about the future of the hemp industry in the state. GenCanna Global filed for Chapter 11...

By Jelena Martinovic. High Grade Hemp Seed, a provider of high-CBD hemp seeds, said Monday that it's releasing Matterhorn CBG, a new, boutique CBG-rich cultivar from Europe, worldwide.  The company said it teamed up with Swiss Cannabinoid, a researcher and developer of cannabis sativa...

By Reggie Gaudino, Chief Science Adviser, New Frontier Data In October 2018, the USDA activated their official hemp rules in the form of the "Establishment of a Domestic Hemp Production Program". With those rules came additional guideline documents for sampling and testing, through a set...

The number of licensed cannabis businesses has begun to plateau as the industry nears saturation, and operators attain efficiency and scale. Among licensed businesses, medical cultivation facilities saw the steepest decline while adult-use processors saw the highest rate of growth in the three...

By Beau Whitney, Vice President and Senior Economist, New Frontier Data Given widespread interest, investment, and issues in hemp since the 2018 Farm Bill legalized the plant for nationwide U.S. production for the first time in decades, public comment was bound to be vigorous. By the time that the...

Q: I have seen several recent reports of Native American tribes getting involved with hemp; can you explain the connection or any industry advantage? A: As you noted, various players have been active lately. Last week the United States Department of Agriculture (USDA) approved regulatory plans for...

By Will Sumner, Hemp Content Manager, and Beau Whitney, Senior Economist, New Frontier Data Were the past harvest season not turbulent enough for American hemp farmers, a new obstacle to success looms in the pursuit of standards and testing: A general and widespread lack of DEA-approved testing...

By William Sumner, Hemp Content Manager, New Frontier Data It pays to be green. According to market analysis by the Organic Trade Association, organic food and non-food products exceeded $50 billion in United States sales in 2018. Given the popularity of such products in the U.S., a growing number...

By New Frontier Data Q: I'm a hemp cultivator in Pennsylvania: My license expires in February, but the  reapplication deadline is April 1; what should I do meanwhile? A: Pennsylvania’s licensing gap is an issue with no simple answer. The state Department of Agriculture is...

By New Frontier Data Q: What is the legal status of hemp in India, and what are the market opportunities? A: Perhaps unsurprisingly in a country of 1.37 billion with 22 official languages, the answers can be ambiguous and somewhat confusing. As is often the case elsewhere, there is currently little...

By New Frontier Data While the first full year of America's federally restored domestic hemp industry began with U.S. farmers energized by enthusiasm for seemingly limitless commercial possibilities, by its end a host of practical realities had dampened many of their outlooks. Passage of the...

By Bill Griffin, Special Contributor to New Frontier Data Recent changes in laws regarding hemp cultivation and processing in Jersey have resulted in a dramatic increase in the crop grown on the largest among the Channel Islands between England and France. A self-governing dependency of the...

Q: Adult-use sales began in Illinois this month, with long lines and product shortages. Is that normal? When will the shortages and long lines end? By New Frontier Data A: Those are common conditions in newly deployed adult-use regulatory programs, when there are often challenges to support the...

By New Frontier Data for the Hemp Business Journal It has been a seminal year for the U.S. hemp industry. In a full year since passage of the 2018 Farm Bill federally legalized hemp cultivation for the first time since World War II, the new domestic market has seen everything from gold-rush...

By New Frontier Data Q: Given the declining price of cannabis, how will the price of hemp fare as new markets open? A: Among the most common mistakes people make about hemp is to assume that the market will behave similarly to the legal cannabis industry. While hemp and marijuana as members of the...