Here Comes Hemp: Congress Votes to Unchain a Billion-Dollar Industry

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Here Comes Hemp: Congress Votes to Unchain a Billion-Dollar Industry | Phillip Smith

WASHINGTON, DC — The Senate on Tuesday and the House on Wednesday gave final approval to the massive 2018 Farm Bill, including a provision that will end an eight-decade ban on industrial hemp, that non-psychoactive but extremely useful member of the cannabis family. President Trump is expected to sign the bill into law. Even though you […]

Here Comes Hemp: Congress Votes to Unchain a Billion-Dollar Industry | The Daily Chronic

The Daily Chronic

How Much Money Can You Make Working in the Legal Marijuana Industry?

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How Much Money Can You Make Working in the Legal Marijuana Industry? | Phillip Smith

Legal marijuana is a growth industry. Medical marijuana is legal in 30 states and full-on legalization in nine, with more states set to join the green revolution this fall. New Jersey could become the next legalization state sometime in the next few weeks, and Election Day could see two more medical marijuana states (Utah and […]

How Much Money Can You Make Working in the Legal Marijuana Industry? | The Daily Chronic

The Daily Chronic

Trump’s Tariffs and Trade War Will Hit the Marijuana Industry, Too

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Trump’s Tariffs and Trade War Will Hit the Marijuana Industry, Too | Phillip Smith

The Trump Administration has included vaping devices and their components among the Chinese products subject to punitive tariffs, and that’s going to have an impact on the marijuana industry. But it’s not just vaping devices: Many other products made in China, from fixtures to packaging materials and more that are used in the pot industry, […]

Trump’s Tariffs and Trade War Will Hit the Marijuana Industry, Too | The Daily Chronic

The Daily Chronic

Ex-House Speaker Signs on With Marijuana Industry Leader

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Ex-House Speaker Signs on With Marijuana Industry Leader | NORML

It has been announced that former Republican Speaker of the House John Boehner, along with former Republican Governor of Massachusetts Bill Weld, have joined the Board of Advisors for Acreage Holdings, a multi-state corporation operating in the medical and recreational marijuana space. The company holds licenses for dozens of cannabis businesses in the United States. […]

Ex-House Speaker Signs on With Marijuana Industry Leader | The Daily Chronic

The Daily Chronic

Wine Country Fires Hit Northern California Pot Industry Hard

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Wine Country Fires Hit Northern California Pot Industry Hard | Phillip Smith

The wildfires raging through Northern California’s Wine Country these past weeks have killed at least 41 people, left dozens missing, and thousands burned out of their homes. They have also put a significant hurt on the region’s namesake wine industry, and its up-and-coming country cousin, the weed business. As of this week, more than 5,000 […]

Wine Country Fires Hit Northern California Pot Industry Hard | The Daily Chronic

The Daily Chronic

Legal Marijuana Industry Responsible for 150,000 Full Time Jobs

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Legal Marijuana Industry Responsible for 150,000 Full Time Jobs | NORML

SEATTLE, WA — The legal cannabis industry is responsible for the creation of an estimated 150,000 full-time jobs, according to state-by-state data compiled by the online content provider Leafly.com. Their analysis identified 149,304 full-time jobs supported by the legal marijuana industry. Not all of the jobs included in the tally involved direct contact with the plant, as ancillary […]

Legal Marijuana Industry Responsible for 150,000 Full Time Jobs | The Daily Chronic

The Daily Chronic

Bill Filed in US Senate to Give Cannabis Industry Access to Banks

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Bill Filed in US Senate to Give Cannabis Industry Access to Banks | The Daily Chronic Staff

WASHINGTON, DC — A bipartisan group of Senators led by Jeff Merkley (D-OR) have introduced legislation in the United States Senate that would ensure legal cannabis businesses can access banking services. Joining Sen. Merkley as co-sponsors of the measure are Sens. Cory Gardner (R-CO), Ron Wyden (D-OR), Rand Paul (R-KY), Michael Bennet (D-CO), Patty Murray (D-WA), Elizabeth Warren […]

Bill Filed in US Senate to Give Cannabis Industry Access to Banks | The Daily Chronic

The Daily Chronic

What a Looming Patent War Could Mean for the Future of the Marijuana Industry

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What a Looming Patent War Could Mean for the Future of the Marijuana Industry
"In general, the [patent] office issues both utility and plant patents to all types of plants, including cannabis and poppy, provided the applications meet and comply with the applicable patent statutes," said the spokesperson, who asked not to be …
Read more on VICE News

Mexico proposes raising limit on marijuana for personal use
MEXICO CITY — Mexican President Enrique Pena Nieto said Thursday he will ask Congress to raise the limit on decriminalized marijuana for personal use to 28 grams, or about one ounce. Previously, only possession of five grams, or less than a fifth of …
Read more on CBS News

DEA gives approval to Colorado-funded study on marijuana and PTSD
The Colorado Board of Health had a rule making hearing about people with PTSD qualifying for medical marijuana at the Colorado Department of Public Health and Environment offices in Denver. Christopher Latona, center, and his dad Mike Latona, left, …
Read more on The Denver Post

Industrial hemp gaining traction in agriculture industry

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Farmmech
Hemp Farm
Image by Mechanekton
An agricultural space colony bot after harvesting some Europan Ganja gigantus.

Industrial hemp gaining traction in agriculture industry
GREELEY, Colo. (AP) — Two years ago, Rick Trojan and his team at Colorado Cultivars found a wild hemp plant growing on the side of the road. It looked kind of like a Christmas tree, he said. They brought it into their greenhouse and began doing …
Read more on The Denver Post

One Northeast Tennessee farmer applies for hemp permit
He harvested 10 pounds of hemp seeds, for which an approved processor offered him $ 7, a far cry from breaking even on the $ 254 for the state permit and the fees for THC testing to prove he wasn't growing marijuana. Even with the supply problems, the …
Read more on Johnson City Press (subscription)

Hope and hemp: The unfinished odyssey of Alex White Plume
His dream of becoming a hemp farmer and sparking a reservationwide industry of hemp growers, processors and manufacturers took root almost 20 years ago. In 1998, the Oglala Sioux Tribe, working with White Plume, adopted an ordinance that defined …
Read more on Tulsa Native American Times

Hemp Processing Facility Update and U.S. Hemp Industry Updates

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Hemp Processing Facility Update and U.S. Hemp Industry Updates
In other industrial hemp news, the Minnesota Department of Agriculture is now looking for farmers to participate in their hemp pilot program that was ordered by the state legislature, last year. "It will be the first time that hemp has been grown …
Read more on EIN News (press release)

'Hemp Road Trip' stops in Johnson City
Rick Trojan who runs a hemp farm in Colorado is behind all of this. He said hemp farms are profitable and can create jobs. He also said hemp can be used to make food, clothes and even construction materials. Right now the federal government is …
Read more on WCYB

Missouri lawmakers push to restore hemp as crop
Most people reflect proudly on the idea of Mayflower's sails waving in the wind as America's first settlers approached the new land. But those same people probably don't realize those sails symbolizing our foundation were made mostly of hemp. The hemp …
Read more on Jefferson City News Tribune

Industrial hemp on the road to legalization
Congress introduced legislation in 2014 with the Farm Bill, which allows universities and industrial institutions to cultivate industrial hemp for limited purposes, according to the National Conference of State Legislatures. In Missouri, legislation …
Read more on Columbia Missourian

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