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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 [...]

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 [...]

Criticality, a North Carolina Hemp Company, does deal with NYSE Big Tobacco Company

Alliance One International (NYSE: AOI) has entered the U.S. Hemp Industry by making an investment into Criticality, a North Carolina based hemp processor.  According to the latest 10-K, Alliance has acquired a 40% stake in Criticality with an option to increase [...]

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 [...]

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 [...]

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 [...]

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 [...]