Hemp Channel

Fri
06
Jul

New York governor announces further action to support medical marijuana and industrial hemp

New York’s Governor issued the following press release earlier this week:

Governor Andrew M. Cuomo today announced further action to support the development of medical marijuana and industrial hemp businesses in New York, directing the Department of Financial Services to provide guidance to support the safe and sound provision of banking services for these businesses.

Mon
02
Jul

U.S. Senate overwhelmingly votes to legalize hemp

After months of rumors that the United States Senate would legalize hemp, on Thursday they finally pulled it off.

The U.S. Senate voted 86-11 on a massive new farm bill. Included in the farm bill is a provision that will legalize hemp once again as an agricultural commodity. The bill would remove hemp from the federal list of controlled substances and allow states to regulate its sale, writes Joseph Misulonas.

Mon
25
Jun

Meet the awesome women behind the scenes of hemp and cannabis beer

It’s pretty hard to come across nearly any kind of product that doesn’t have a hemp or cannabis element to it yet. Soap, clothing and textiles, foods and desserts, beauty products of all kinds, medicines, TV shows—even weddings are getting all sorts of danked up. Now, one of the more recent in a long line of offerings incorporating pot into their production is beer.

Thu
21
Jun

Oregon marijuana growers turning to hemp as CBD extract explodes

A glut of legal marijuana is driving Oregon pot prices to rock-bottom levels, prompting some nervous growers to start pivoting to another type of cannabis to make ends meet, one that doesn’t come with a high.

Applications for state licenses to grow hemp, marijuana’s non-intoxicating cousin, have increased more than twentyfold since 2015, making Oregon No. 2 behind Colorado among the 19 states with active hemp cultivation. The rapidly evolving market comes amid skyrocketing demand for a hemp-derived extract called cannabidiol, or CBD, seen by many as a health aid.

Fri
15
Jun

Legal hemp: coming soon nationwide?

Senator Mitch McConnell introduced a bill that will allow states to regulate hemp production.

Thu
14
Jun

Senate agriculture panel passes farm bill with hemp legalization

The Senate Agriculture Committee on Wednesday passed the massive farm bill by a 20-1 vote and overcame an attempt to tighten subsidy payments to farmers.

The draft farm bill, officially known as the Agriculture Improvement Act of 2018, contains more than 1,000 pages and covers everything from farm subsidies and food stamps to trade and rural development policy. Farmer assistance includes commodity payment programs, as well as subsidized crop insurance.

Mon
11
Jun

The hemp revival: why marijuana's cousin could soon be big business

The useful crop has seen renewed interest alongside legalized weed – and there are signs that US officials are warming to it.

Long associated with the hoariest hippie stereotypes, hemp is now chic.

The crop – which is a cannabis plant very similar to marijuana, but lacking its best-known property: getting you high – is a versatile raw material, and like its more notorious relative, it could once again become very lucrative.

Thu
07
Jun

Senate says hemp farming is important to the United States, but won't legalize it

For years hemp farming was an important part of the United States economy, but that ended in the 1930's when Congress outlawed marijuana and other related plants. And while Congress is now acknowledging how important hemp is, they still won't do anything about its status, writes Joseph Misulonas.

Wed
06
Jun

Hemp bill approved unanimously by U.S. Senate

The U.S. Senate has given approval to a resolution acknowledging the “growing economic potential of industrial hemp”.

The resolution was passed in commemoration of Hemp History Week, which is the largest national grassroots effort to restore strong support for industrial hemp farming in the United States.

“Despite the legitimate uses of hemp, many agricultural producers of the United States are prohibited under current law from growing hemp,” states the resolution. “Because most hemp cannot be grown legally in the United States, raw hemp material and hemp products are imported for sale in the United States.” The resolution makes notes of the “historical relevance” of hemp, as well as its “growing economic potential”.

Fri
01
Jun

Could hemp be a lifeline for struggling farmers?

Hemp, which produces valuable CBD oil, is set to become recognized as an agricultural crop this year, and could provide a much needed influx of revenue for Western agriculture.

Amid all the excitement around marijuana legalization in America, another newly legal crop has received comparatively little attention: hemp. And yet hemp may prove to be even more transformative, especially in the West's arid landscapes.

Hemp is a variety of the cannabis sativa plant that is not psychoactive. Whereas marijuana plants can produce both the psychoactive tetrahydrocannabinol (THC) and the non-psychoactive cannabidiol (CBD) extracts, hemp produces only the latter.

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