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Despite Bumps, CBD Market Growing Toward Convenience Store Shelves

The potential both practical and profitable for cannabidiol (CBD) has been gaining an increasing amount of national attention. From alleviating intractable seizures to soothing anxiety, CBD’s health benefits have (anecdotally) become well known, which has translated to millions of dollars’ [...]

Charlotte’s Web Holdings (CNSX: CWEB) Quietly Raises $100 Million in IPO

It has been a busy, yet quiet week for the hemp-based CBD oil producer Charlotte’s Web Holdings, Inc. On August 30, 2018, the company reported the successful closing of its previously announced initial public offering (IPO), as well as a secondary [...]

Natural and Specialty Retail Hemp-Derived CBD Sales Projected to Grow by More Than 600% by 2022

One of the fastest growing markets in the United States is the cannabidiol (CBD) industry. From joint pain to skincare, Americans are using CBD to help treat everyday maladies. Natural products and specialty retailers are reaping the rewards of this increased [...]

Sticker Shock: Is GW Pharmaceutical’s Epidiolex Really That Expensive?

Have you ever experienced sticker shock? If you’re like some of the people following the development of GW Pharmaceuticals’ CBD-based drug, Epidiolex, then odds are you probably have. After gaining approval from the FDA, GW released the estimated price of its [...]

American Farmers: Forget Soy. Check out Hemp’s Price Per Acre and Help the US win the China Trade War

For the first time in decades, the United States finds itself embroiled in an international trade war. So far, billions of dollars worth of tariffs have been slapped on both foreign and domestic goods; and few groups have felt the pain [...]

California Department of Public Health Publishes FAQ Trying to Ban Hemp-Derived CBD Oil. But What’s Really Going on in California’s Emerging CBD Market?

A cloud of uncertainty is looming over California’s hemp industry. Earlier this month, the California Department of Public Health (CDPH) issued a FAQ on Industrial Hemp and Cannabidiol (CBD) in Food Products, declaring that the use of hemp-based CBD oil in food [...]

The U.S. Hemp Industry grows to $820mm in sales in 2017

The total sales for the U.S. Hemp Industry in 2017 were $820mm. $190mm were for Hemp-Derived CBD products, $181mm were for personal care products and $137mm were for hemp food products. Food sales were led by the Snack Food category [...]

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 [...]

Pure Kind and Alfalfa’s Partner With CBD Hemp Extract

Pure Kind Botanicals is private labeling products with Alfalfa’s Market in Boulder, CO. The partnership marks the beginning of a significant market trend by independent, natural and speciality retailers to embrace Hemp CBD products. Ed Lehrburger, CEO of Pure Hemp Technology, [...]

U.S. Hemp Moving Forward with USDA Organic Certifications

On April 20, 2017 at 4:20 pm, a group of 18 farmers and business owners were gathered in a small demonstration kitchen at the back of the Natural Grocers on Colfax Avenue in Denver. Outside the large square-framed windows, revelers scrambled [...]