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Hemp Business Journal is the leader in hemp industry news, data and market intelligence.

South Carolina Signs New Hemp Bill; Paves Way for Better Quality Standards

South Carolina Gov. Henry McMaster signed House Bill 3559 on May 11, 2017  legalizing the growth of industrial hemp in the state through the South Carolina Industrial Hemp Program. The new bill authorizes the Department of Agriculture to issue up to 20 [...]

The Battle for the CBD Market in Texas Heats Up: 3 Companies Awarded “Low THC Cannabis” Licenses

The battle over who will own the CBD market in the Lone Star State is heating up. The state of Texas has awarded three conditional licenses to cultivate, process and dispense "low-THC cannabis" to intractable epilepsy patients. The highest ranked applicants that [...]

CV Sciences says it will hold Pre-IND Meeting with FDA for CVSI-007

CV Sciences, Inc. (OTCQB: CVSI)  reports it first patent-pending drug product candidate, CVSI-007, combines CBD and nicotine in treatment of smokeless tobacco use and addiction. According to CV Sciences recent 10K filing there are currently no drugs approved by the U.S. Food [...]

Market Size: Hemp industry sales grow to $688 Million in 2016

Hemp Food, Body Care, CBD products lead U.S. hemp retail market growing at a five year 22% CAGR Hemp Business Journal, the leading provider of data and market intelligence for the hemp industry, has published estimates of the size of [...]