Hemp

By New Frontier Data Q: I keep seeing stories in the news about hemp farmers having their crop stolen by people mistaking it for cannabis; is it really that common? A: From incidents ranging from New York and Pennsylvania to a particularly inept pair in California, the recent harvest season has...

By William Sumner, Hemp Business Journal Passage of the 2018 Farm Bill and the rise of CBD as a nutritional supplement has led to a boom in hemp cultivation over the past year. According to the U.S. Hemp Market 2019 State Rankings Report, the acreage for licensed hemp cultivation has risen by...

In December 2018, the Farm Bill was signed into law, and with it growing industrial hemp was legalized nationwide. The Farm Bill also bolstered a practice area for The Hemp Law Group, powered by J. Colton Legal. “We have been working with people in the Hemp space for two-and-a-half years,...

By William Sumner, Hemp Business Journal Hemp's newfound status as a cash crop has inspired thousands of American farmers to seek cultivation licenses, and many among them are seeking ways to protect their crops from pests and fungus. While hemp is conveniently resistant to certain pests...

By New Frontier Data Q: Since the 2018 Farm Bill has legalized hemp cultivation for the first time since World War II, how much hemp is the U.S. importing? A: Prior to 2010, the United States was not a significant importer of hemp. However, as states began legalizing hemp production and the...

The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. By New Frontier Data Q: With the holidays fast approaching, gift catalogs are already here: Is hemp just a fad, or a viable organic...

Q: How will the USDA's Interim Rules affect the hemp industry? A: Within the first two weeks of opening a public comment period, more than 500 questions have been submitted regarding the U.S. Department of Agriculture (USDA)'s interim hemp regulations. In a third installment of reviewing...

In 2017 the state of Tennessee licensed 200 acres for the cultivation of hemp. That figure shot up to 3,338 acres in 2018 — and 38,000 acres in the first seven months of 2019. The exponential growth in acreage is one of the startling new data points revealed in a report released Nov. 7 examining...

By New Frontier Data Q. How will the USDA's new interim rules affect the hemp industry? A: The devil is in the details: Despite having been made public for the past week, the hemp industry is largely trying to discern any effects or fallout from the new regulations. Meantime, there are at...

By William Sumner, Hemp Business Journal Last week, the United States Department of Agriculture (USDA) released its interim rules for the federal domestic hemp production program. For most state-led hemp programs, no changes are forthcoming, though one notable exception affecting hemp testing...

By William Sumner, Hemp Business Journal Ten months after passage of the 2018 Farm Bill, the United States Department of Agriculture (USDA) has released its interim regulations for the U.S. Domestic Hemp Production Program. Included in the interim rules is a provision allowing the USDA to...

By New Frontier Data Q: What degree of activity does Australia represent in the global hemp market? A: According to New Frontier Data's The Global State of Hemp: 2019 Industry Outlook, Australia accounts for approximately 1% of global hemp sales. Like most markets around the world, Australia...

The Trump administration has announced a long-awaited rule on domestic hemp production that could help relieve legal snags for trucking companies and drivers hauling the crop across state lines. The U.S. Domestic Hemp Production Program, announced today (Oct. 29) by U.S. Department of Agriculture...

By William Sumner, Hemp Business Journal Whoever said that there is no such thing as too much success probably did not cultivate hemp. Spurred by passage of the 2018 Farm Bill, and an uncanny popular appetite for cannabidiol (CBD), thousands of American farmers have made major investments in...

By William Sumner, Hemp Business Journal Last week marked an auspicious occasion for Zimbabwe's cannabis industry. On October 11, the Zimbabwe Industrial Hemp Trust (ZIHT) planted six strains, making it the first legal hemp crop in the nation's history. For the last several years...