The plant Cannabis sativa produces more than 400 chemicals, but only one, THC, gets you high. Or so it seems. A group of Italian researchers announced on December 30th the discovery of two new cannabinoids, chemicals produced by weed like THC and CBD.
There are benchmarks and standards for nearly everything when it comes to agricultural production, but not everyone is always using the same methods or using them in the same tactical way – especially in a nascent industry such as hemp.
That’s why a new task force commissioned by the Hemp Industries Association (HIA) is aiming to find out how different companies, organizations and government agencies across the United States and internationally are measuring and analyzing hemp samples for flower, fiber, food and other uses.
In 2019, the illegal market for cannabis eclipsed the legal one by a rate of about 3 to 1. Roughly 75% of sales in California were under the table, which is a huge hindrance for statewide efforts to boost legitimate businesses and collect taxes. 2020 will be a make or break year for California's legal weed market.
It shouldn't take very long for things to get interesting for marijuana stocks in 2020. There are plenty of potential catalysts that could be on the way, both in Canada and in the U.S.
DENVER — In a large warehouse, LivWell Enlightened Health feeds its cloned cannabis plants a custom blend of nutrients, sprays them with filtered water and pumps extra carbon dioxide into the air. LivWell releases three types of insects to clear the plants of unwanted pests without the use of toxic pesticides.
Every part of the growing process is meticulously documented and evaluated to constantly refine the process.
The Buckeye State is among the first to receive federal approval for a statewide program to cultivate hemp.
Drive through southern Ohio this summer, and you might be surprised to see acres of cannabis plants swaying in the breeze.
These bushy annuals won’t be the kind that produce marijuana. Farmers are hoping to grow hemp, and industry experts think a few thousand acres could be in the ground by spring.
NONTHABURI, Thailand (AP) — Thailand on Monday opened its first two full-time clinics dispensing cannabis oil for medical treatment, a step forward in the government’s policy of promoting the licensed use of marijuana products to relieve the symptoms of a range of ailments.
About 400 patients, many of them with cancer, were given the oil for free at a flagship clinic at the Public Health Ministry in a suburb of Bangkok.
The new year is off to a profitable start in Illinois, where the state's marijuana shops brought in nearly $3.2 million on the first day of legal sales. The sales come after Governor J.B. Pritzker delivered on a top campaign promise in June, when he signed legislation to legalize small amounts of marijuana for recreational use at the start of 2020.
BOISE – An Idaho lawmaker plans to introduce legislation that will make hemp legal in the state.
Republican Rep. Dorothy Moon told the Idaho Press the legislation will align Idaho with federal law.
Lawmakers begin meeting Monday. Previous attempts to legalize hemp have failed over concerns it could be used to hide marijuana.
More legalization in more states. More product liability risks. More regulations. More M&A.
More of many things is what insurance professionals involved in the cannabis industry can expect in 2020.
Insurance Journal asked four experts watching the cannabis and insurance space – an expert from an insurance advisory organization, an attorney who represents insurers, a marijuana legalization advocate and a wholesale broker – for their top three predictions for the year ahead.
The most important prediction as far as IJ readers are concerned?
