ARCHIVES: Hemp Industry News for March 2022

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FDA, FTC slap CBD industry with seven warning letters related to COVID claims

U.S. health and trade authorities this week issued a record seven warning letters in a single day to companies making CBD, the biggest federal action against the industry in over a year. Warning letters from the Food and Drug Administration and the Federal Trade Commission targeted companies making COVID-related claims. It was the first time so many CBD companies had been targeted in a single day...
March 30, 2022 | Hemp Industry Daily | Read The Article Customized CBD Products Market

Utah bans smokable hemp and CBD in food, punts hemp oversight to feds

Utah has outlawed smokable hemp and CBD in food under a new law that also punts oversight of the plant’s production to the U.S. Department of Agriculture. The law, signed by Gov. Spencer Cox Monday, makes Utah the sixth state to defer to federal authorities on regulating hemp cultivation...
March 22, 2022 | Hemp Industry Daily | Read The Article Customized CBD Products Market

Russia-Ukraine War's Effect on the Hemp Industry

The political and economic effects of Russia's incursion into Ukraine are only now becoming apparent, with repercussions felt throughout the world's agricultural industries. As a result, the war is anticipated to have an extended influence on the hemp industry in the United States, if not indefinitely. The war in Ukraine is expected to have a wide range of influence on hemp production, but none of them could say with confidence how significant and long-lasting the conflict's impact would be...
March 21, 2022 | By Jath L. Salas WherezHemp | Read The Article Customized CBD Products Market

Georgia retailers win restraining order over hemp-derived THC products

Cannabis retailers in Georgia won at least a temporary legal victory against an Atlanta-area district attorney who had been aggressively trying to shut down hemp-derived THC product sales. According to the Associated Press, Fulton County Superior Court Judge Craig Schwall issued a 30-day restraining order against Gwinnett County District Attorney Patsy Austin-Gaston, who had seized millions of dollars in hemp-derived THC products and was prosecuting the retailers that were selling them...
March 21, 2022 | MJBizDaily | Read The Article Customized CBD Products Market

Texas ban on smokable hemp faces final review

It’s decision time for a Texas ban on smokable hemp, with the Texas Supreme Court set to hear arguments Tuesday about the 2019 ban that has been on hold because of legal challenges. The case will determine whether hemp producers in the nation’s second-largest state can access a sector that could generate $400 million in annual sales by 2025...
March 21, 2022 | Hemp Industry Daily | Read The Article Customized CBD Products Market

How to capture the market for customized CBD products

The market for CBD-infused products is red hot and growing at a rapid rate. According to Brightfield Group, the top categories for CBD products over the next five years are tinctures, gummies, topicals, capsules and drinks. Each category is projected to reach over $1 billion in product sales by 2026...
March 15, 2022 | By Nathan Wogman | Hemp Industry Daily | Read The Article Customized CBD Products Market

U.S. spending bill urges rules for CBD, re-evaluation of THC threshold

The 2022 omnibus spending bill signed by President Joe Biden Saturday calls on the U.S. Food and Drug Administration (FDA) to set rules for CBD, and asks the U.S. Department of Agriculture (USDA) to review the possibility of increasing the allowable level of THC in hemp plants from the current threshold of 0.3%...
March 14, 2022 | HempToday | Read The Article Customized CBD Products Market

How to choose a point-of-sale system for a hemp retail operation

Buying a point-of-sale system for a cannabis store is no small endeavor. Many factors come into play. But the decision-making process can be made easier by following some general guidelines. A cannabis retailer should choose a POS system with features that support their business model, operations and brand, according to cannabis retail designers, consultants and POS experts...
March 3, 2022 | Hemp Industry Daily | Read The Article Hemp Retail Point Of Sale

Kentucky court halts ban on delta-8 THC as stakeholders slam bill

A state court has granted an injunction against the Kentucky Department of Agriculture (KDA) that halts – at least temporarily – a ban on hemp-derived delta-8 THC. KDA last August declared delta-8 a Schedule I controlled substance at both the state and federal levels. The state farming agency at the time warned in a letter that distributing delta-8 products could lead to revocation of hemp licenses and criminal prosecution...
March 2, 2022 | HempToday | Read The Article Kentucky Halts Delta-8 THC Strain Ban

42% of Tennessee Hemp Crops Test Over THC Threshold

According to the Tennessee Department of Agriculture (TDA), 42% of hemp crops in Tennessee are being found non-compliant with federal requirements limiting total THC levels in the crops to below 0.3%, forcing farmers to destroy their crops, according to a News Channel 5 report. Seth Fuller, co-owner of Nashland Farms, said that he has twice had his crops tested by the TDA and it twice “come back hot.”...
March 1, 2022 | By TG Branfalt | Ganjapreneur | Read The Article Tennessee Hemp Crops THC Threshold

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