Hemp

Despite Humboldt County (Calif.)'s legendary reputation for cannabis cultivation, many of its growers are struggling amid the newly regulated market.   Among those surveyed, more than 4 in 5 (81%) have been growing for at least a decade.   Legalization and regulation have...

By William Sumner, Hemp Business Journal Contributor When discussing the expansion of the U.S. hemp market, much attention has been paid to states like Kentucky, since with backing from influential legislators like Senate Majority Leader Mitch McConnell (R-Ky.), the Bluegrass State...

  Q: With headlines about retailers detailing their general demise, what are the market prospects for cannabis outlets and dispensaries?   By New Frontier Data A: While it is true that prospects seem bleak for the local mall and businesses from Forever 21 to J.C. Penney (NYSE: JCP) and...

Receive the best hemp news in the industry delivered to your inbox every week! The post NEW CANNABIT OCT 6 appeared first on New Frontier Data. The preceding article is from one of our external contributors. It does not represent the opinion of Benzinga and has not been edited.   Image...

New Frontier Data, the authority in data, analytics and business intelligence for the global cannabis industry, in collaboration with Vote Hemp, releases The U.S. Hemp Market: 2019 State Rankings. The report examines the current state of hemp cultivation in the United States. Findings include...

The 29 U.S. states having reporting licensed hemp cultivation acreage total nearly half a million acres in combined cultivation land area, a massive increase over 2018's combined U.S. total of just over 100,000 acres. Colorado leads the nation in hemp cultivation and processing land area with...

  Q: Given some persistent headlines about Oregon's chronic oversupply in cannabis production, what are the prospects for the 2019 harvest season there? By New Frontier Data A: According to a forecast prepared by New Frontier Data's Senior Economist Beau Whitney, another significant...

By J.J. McCoy, Senior Managing Editor, New Frontier Data Since federal passage of the 2018 Farm Bill last December, interest in hemp farming has catalyzed a national industry reborn after decades of prohibition. Reports from state agriculture officials indicate that licensed hemp acreage for 2019...

By William Sumner, Hemp Business Journal Contributor For many agricultural states, the boom for hemp and its CBD derivatives has provided an opportunity to revitalize local economies and provide jobs to communities that have been hit hard by recessions, trade wars, and international...

By Matthew Wolf, of Joorney Business Plans. A provision in the 2018 Farm Bill opened the door for hemp growth, lifting the federal ban that deemed the plant a controlled substance. From that decision, we’ve seen a surge in startups around the nation who are venturing into the hemp industry....

  Q: We noticed on LinkedIn about New Frontier Data's involvement in the Southern Hemp Expo this month, but could not get to Tennessee. What were some of the takeaways?   A: According to New Frontier Data's Vice President and Senior Economist Beau Whitney, the hot topic in...

By William Sumner, Hemp Business Journal Contributor Prompted by passage of the 2018 Farm Bill and a surge in consumer demand for cannabidiol (CBD), the United States hemp industry this year is cultivating more than 480, 334 acres for the purposes of processing hemp. As more state...

Good day, Closing out a high-profile cannabis case that ignited outrage around the country, the county prosecutor in Ada County, Idaho, agreed to drop felony drug trafficking charges against a truck driver, Denis Palamarchuk, accused of illegally hauling hemp into the state last January. In court...

By William Sumner, Hemp Business Journal Contributor Hemp has undergone a renaissance over the past several years, driven primarily by its industrial uses and high concentrations of cannabidiol (CBD). Featuring a host of purported medical benefits yet none of the intoxicating effects...

By New Frontier Data Europe Hemp cultivation in Europe is well established with a tradition dating back hundreds of years. Currently, it is estimated that Europe cultivates up to 25% of the world's hemp. France alone accounted for 40% of the European production, with at least 20 other countries...