News

The latest report from The Business Research Company sheds light on the flourishing potential of the hemp fiber sector within the global market.

A proposed draft law in Thailand has raised concerns about the potential re-criminalization of cannabis, which could have severe implications for the CBD and hemp extract industries.

A proposed South Dakota law aiming to crack down on products with high concentrations of intoxicating delta-8 THC and other cannabinoids is causing concern for the CBD market in one of the nation’s major hemp-growing states.

Ukrainian President Volodymyr Zelensky has formally sanctioned legislation to legalize medical marijuana, a move aimed at aiding soldiers in recovering from both physical and psychological injuries resulting from the ongoing conflict with Russia.

Hollywood’s most recent music biopic, “Bob Marley: One Love,” is maintaining its momentum at the global box office, surpassing the $100 million milestone on Friday. The film has earned $61.4 million domestically and $39.7 million internationally within just 10 days of its theatrical release.

The Brooklyn Nets and New York Liberty have forged groundbreaking partnerships with a CBD beverage company, marking the first collaborations between a National Basketball Association (NBA) team and a Women’s National Basketball Association (WNBA) team with the cannabis industry.

Renowned footballer David Beckham, celebrated for his on-field prowess, has undertaken a noteworthy business move by selling off his shares in a cannabinoid product group that has grappled with challenges since its London IPO three years ago.

States are intensifying their efforts in the ongoing struggle against intoxicating hemp products, cracking down on potentially unsafe items that have inundated the market through a loophole in federal law.

A bill aimed at regulating consumable hemp products in Iowa has advanced through an Iowa legislative panel this week. The House Public Safety Subcommittee approved House Study Bill 665 on Wednesday with a 2-0 vote.

A significant milestone has been reached in the approval process for using hemp as feed for laying hens in the United States. The Center for Veterinary Medicine at the U.S. Food & Drug Administration (FDA) recently endorsed the definition of “hemp seed meal” (HSM), as proposed by the Ingredient Definition Committee of the Association of American Feed Control Officials (AAFCO). This tentative wording, approved last week, is expected to be officially adopted by AAFCO later this year.