Tag: hemp
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Global Hemp Oil Market To Reach $27.6 Billion By 2032
Demand for hemp-derived concentrates and oil, particularly for making cannabidiol (CBD) therapeutic products, is increasing with every passing year as more and more jurisdictions permit such products to be sold and more CBD-focused scientific research is conducted. Whereas medical cannabis products containing tetrahydrocannabinol (THC) are still strictly regulated in many countries around the globe, if…
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Oceania Industrial Hemp Market To Reach $130 Million By 2034
The industrial hemp market is far from being a new thing. To highlight that point, consider that archaeologists have discovered pieces of woven hemp fabric from ancient Mesopotamia in what is modern-day Iraq and Iran that date back to 8,000 BCE. Hemp can be used to make many different things, including textiles, medicine, and food…
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Approving Hemp Seed Meal For Laying Hens Would Be A Gamechanger
The hemp plant was once one of the greatest agricultural crops in the United States. Used primarily for making textiles, it wasn’t until the rise of prohibition that the hemp plant went out of favor among farmers in the U.S. In recent years, the hemp plant has made a huge comeback in the U.S., thanks…
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Survey Finds 80% Of Cannabis Businesses Support Regulating Intoxicating Hemp Products
Scientifically speaking, hemp and cannabis are the same crop. However, in the legal arena hemp and non-hemp cannabis are two different things. At the federal level in the United States, cannabis harvests containing .3% THC or less qualify as ‘hemp,’ whereas crops with THC percentages above that threshold are ‘cannabis’ and remain prohibited outside of…
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Tennessee Hemp Product Sales Have Generated Over $10 Million In Tax Revenue
Tennessee, like many other states, has a thriving hemp-derived product market. Demand for products derived from hemp that contain cannabidiol and/or ‘alternative cannabinoids’ such as delta-8 and THCa have increased significantly in recent years. The hemp industry in Tennessee is in flux on the regulatory side, with new rules recently taking effect. For example, edible…
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University Of Missouri Researchers Suggests Using Hemp To Boost Grazing Pastures
Frequent droughts in Missouri in recent years have livestock producers exploring different crops that may be more adaptable for summer pasture options compared to common pasture crops. Researchers at the University of Missouri have studied hemp for this purpose, and their findings are promising. The hemp plant uses considerably less water to produce a solid…
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Canada’s Hemp Industry Continues To Shrink
As Canada’s legal adult-use cannabis industry has increased in size and scope in recent years, the same cannot be said about the nation’s hemp industry. According to Canadian government data, the number of industrial hemp licenses issued has trended downward in recent years. Below is the number of licenses issued by year: 2018: 542 licenses…
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How Much Hemp Does South Dakota Produce?
South Dakota was the third state to adopt its own hemp production laws after the historic 2018 Farm Bill was passed at the national level. The 2018 Farm Bill legalized hemp production across the country, and since its enactment some states have produced more hemp than others. South Dakota produced more hemp than any other…
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How Many Hemp Dispensaries Are Located In Houston, Texas?
In 2018, the U.S. Farm Bill legalized industrial hemp cultivation across the country, including in the State of Texas. In 2019, Texas passed state-level hemp legislation to implement a regulatory framework for the state’s emerging hemp industry. “Here in Texas, House Bill 1325 was signed into law in June 2019 and authorizes the production, manufacture,…
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How Much THC Is Allowed In Iowa’s ‘Consumable Hemp Products’?
A new law in Iowa, set to take effect on July 1st pending a legal challenge, will drastically change the state’s emerging hemp industry if/when it is implemented. Iowa House File 2605 caps the amount of THC in ‘consumable hemp products’ at 4 milligrams per serving and 10 milligrams per package or container. “Roughly 1,100…