Hemp

Passage of the 2018 Farm Bill sparked both sharp nationwide increases in licensing and explosive sales growth for 2019. The issuance of U.S. hemp-cultivation licenses saw a year-over-year, nationwide increase of 364% (from 3,546 in 2018 to 16,462 in 2019). Small family farms' entry to the...

By Sean Murphy, Director of Hemp, New Frontier Data Explosive growth in the U.S. hemp industry as spurred by passage of the 2018 Farm Bill is keenly analyzed in the Hemp Business Journal (HBJ)'s forthcoming U.S. State Hemp Rankings Report. Insights about state-by-state licensing and cultivation...

By Giadha Aguirre de Carcer and JJ McCoy, New Frontier Data Last week, Altria Group and Philip Morris International (PMI) announced being in discussions for a potential all-stock “merger of equals,” signifying a combined $210 billion deal with impacts for one of the Canadian cannabis...

By William Sumner, Hemp Business Journal Contributor Hemp Business Journal has been monitoring a growing number of privately held hemp companies making significant increases in sales across the online and mass-market channels. One company that has stood out in such research is...

While much has been reported about cannabis oversupply in Oregon, Colorado has also seen (lesser) price declines. As Oregon saw a 64% decline in wholesale prices from October 2016 to March 2019, Colorado experienced a 60% drop from January 2015 to April 2019. The downward slides in wholesale...

By Sean Octavius Murphy, Founder, Hemp Business Journal Hemp Business Journal has been tracking Palmetto Harmony since its founding in 2015, and last year projected the Conway, S.C.-based outfit as a company to watch among those analyzed in The CBD Report. Given its developmental trajectory, the...

  Q: For anyone who missed last week's webinar, "Are Your Numbers In Order? Preparing Your Cannabis Business for Turbulent Times Ahead", can you summarize what was shared? A: Though we have seen considerable growth and increased legitimacy in the legal cannabis industry, many...

By J.J. McCoy, Senior Managing Editor, New Frontier Data For the first time in five years of Colorado's coexisting, legalized adult-use and medical cannabis markets, recreational sales more than doubled medical sales in 2018, according to state regulators' figures. Colorado rolled out its...

By William Sumner, Hemp Business Journal Contributor As hemp companies and foreign investors seek new global markets for establishing operations, one region in particular resides relatively untapped. In terms of natural resources, Africa is one of the most abundant locales in the world, and...

cannabis company Green Organic Dutchman Holdings Ltd (OTC: TGODF) said Wednesday that it has applied to list its stock on the Nasdaq exchange. What Happened Green Organic Dutchman focuses mostly on the medical cannabis space, with exposure to Canada, Europe, the Caribbean and Latin America....

The Marley family legacy became even more connected with cannabis as Rohan Marley, the son of the late Jamaican reggae singer and marijuana advocate Bob Marley, has signed a marketing and spokesperson agreement with the public agricultural biotech brand Zero Gravity Solutions, Inc. (OTC: ZGSI...

  Q: On your website, you refer to helping policymakers as well as investors and other industry stakeholders. What is an example of your involvement with government authorities?   A: Instances of how New Frontier Data engages with policymakers and regulators to help inform their...

By Hoban Law Group attorney, Patrick Goggin It's midsummer with California's State Assembly in recess, a great time to assess the state of hemp in the Golden State. Consistent with history, we find both progress and growing pains in the process. At the end of April, after much anticipation...

Leafbuyer Technologies, a Denver, Colo.-based  cannabis technology and marketing platform, announced Friday that the company has begun expansion into the Michigan medical and developing recreational cannabis market. Leafbuyer Technologies is a multi-platform cannabis technology company...

By Martin A. Lee, Director of Project CBD. After languishing for eight decades in the wilderness of marijuana prohibition, hemp is making a comeback thanks in large part to the popularity and economic potential of CBD, the non-intoxicating cannabis compound that has upended federal drug policy. But...