ARCHIVES: Hemp Industry News for August 2022

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Florida company has a hemp plan to save the state’s troubled citrus orchards

Farming hemp could help to overcome the devastating effect years of pesticide spraying has brought to Florida’s declining citrus industry, according to a Tarpon Springs-based company that is developing a strategy based on processing of the plant’s stalks. Growing hemp to pull toxins from the soil could give orange, grapefruit and specialty citrus groves a chance to fight back against Citrus Greening Disease (also called Huang Long Bin (HLB)), a key contributor to the industry’s decline in Florida, according to hemp veteran Robert Clayton, CEO and CTO at Fi Bear, a supply chain developer that is exploring a range of basic fiber applications...
August 24, 2022 | HempToday | Read The Article UK Customized CBD Novel Foods Market

CBD prices are stabilizing after years of decline – but is it progress?

A yearslong tailspin for CBD prices is showing signs of leveling off. But it’s too soon to say whether the CBD market is rebounding or if companies making CBD products have simply cut so deeply that they’re now holding or increasing prices just to survive. The pricing trend was noted recently by the Brightfield Group, a Chicago-based cannabis analytics firm that crunches prices on thousands of websites and brick-and-mortar stores selling CBD...
August 10, 2022 | MJBizDaily by Kristen Nichols | Read The Article UK Customized CBD Novel Foods Market

Canadian health committee urges government support for CBD research

A Canadian health committee called on government to support studies that will more broadly look at CBD’s potential as a wellness aid while ensuring consumer safety. Stressing that a lack of consistent data makes it difficult to draw concrete conclusions and recommendations for CBD, the Canadian Government’s Science Advisory Committee urged backing for “high-quality clinical research into the safety and efficacy of cannabis, CBD and other phytocannabinoids.” The analysis comes in a recently released report on CBD sought by the country’s main health authority, Health Canada, and is intended to guide rulemaking...
August 10, 2022 | HempToday | Read The Article UK Customized CBD Novel Foods Market

U.S. House Committee Holds Hearing on Hemp Policy

The U.S. House Agriculture Committee held a hearing last week to discuss the state of the hemp industry and how the government can continue to support the crop. Last week, the U.S. House Agriculture Committee heard from a number of hemp farmers as the panel sought input on hemp policy, NY1 reports. The hearing, “An Examination of the USDA Hemp Production Program” comes more than a year after provisions of the Farm Bill signed by former President Donald Trump (R) are set to expire...
August 2, 2022 | Ganjapreneur by TG Branfalt | Read The Article UK Customized CBD Novel Foods Market

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