News

July 15, 2020
Halcyon Thruput Signs Processing Agreement With GenCanna

Dallas-based Hemp companies Generation Hemp and its affiliate Halcyon Thruput have entered a new Toll Processing Agreement with GenCanna Acquisition Corp., a Kentucky-based hemp processor and CBD product manufacturer. The agreement provides ongoing mid-stream hemp... more »

July 15, 2020
LSSU Offers Online Cannabis Production Certificate

Lake Superior State University will offer an online Cannabis Production certificate beginning in fall 2020. The certificate combines courses from cannabis chemistry and cannabis business in a one year certificate with a limited lab residency.... more »

July 15, 2020
Bill Legalizing Industrial Hemp Heads To Hawaii Governor

A bill legalizing the growing, processing and sale of industrial hemp in Hawaii has been approved by the House of Representatives. It passed the Senate on July 8 unanimously, with Senators Les Ihara, Clarence K.... more »

July 14, 2020
Petition Calls For Approval Of 1% THC Levels In Hemp

Hemp policy and advocacy group Vote Hemp is urging the hemp community to take advantage of a narrow window on Capitol Hill to sign and submit a petition telling Congress to change the legal definition... more »

July 14, 2020
Illinois Recreational Cannabis Hits Record Sales In June

Illinois adult use cannabis sales hit $47,646,437.25 in June, a record number since recreational sales became legal in January. A total of 994,545 items were sold in June with $35,256,165.45 coming from in-state resident sales... more »

July 13, 2020
Stability Cannabis Names Vice President Of Operations

Stability Cannabis has promoted Drew Clayton to vice president of operations and member of the executive committee. In this capacity, Clayton oversees all aspects of Stability's post-harvest, packaging, safety, and facility operations. He previously served... more »

July 13, 2020
SaniDate 5.0 Approved Against Human Coronavirus

BioSafe Systems’ SaniDate 5.0 is now labeled to kill the human coronavirus. The stamp of approval comes from the U.S. Environmental Protection Agency, known for stringent regulations when it comes to product certification on List... more »

July 10, 2020
Mississippi Hemp Cultivation Act Signed Into Law

Senate Bill 2725, also known as the Mississippi Hemp Cultivation Act, was signed into law on June 29, 2020. This act legalized the cultivation of hemp under a state plan to be created and implemented... more »

July 9, 2020
Court Ruling Allows Indiana Ban On Smokable Hemp

A federal appeals court ruling is bringing back Indiana's ban on smokable hemp after its decision to vacate an injunction that had invalidated Indiana’s criminalization of smokable hemp. The U.S. Court of Appeals for the... more »

July 9, 2020
Cultivation Workers At Mayflower Medicinals Join Union

Workers at the Mayflower Medicinals cannabis production facility in Holliston, Massachusetts, won their election by an overwhelming majority and will join Massachusetts's Cannabis Union, Local 1445 UFCW. The cultivation and manufacturing facility owned by iAnthus... more »

July 8, 2020
Conception Nurseries Raises $12M For Sacramento Cannabis Facility

Conception Nurseries, a provider of tissue culture technology to the cannabis industry, has raised more than $15 million with the addition of approximately $12 million in its Series A round. The proceeds will be used... more »

July 8, 2020
Treasury Department Updates Banking Guidance For Hemp-Related Businesses

The U.S. Treasury Department Financial Crimes Enforcement Network (FinCEN) is issuing guidance to address questions related to Bank Secrecy Act/Anti-Money Laundering (BSA/AML) regulatory requirements for hemp-related business customers. It explains how financial institutions can conduct... more »

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