Hemp Legalization & Regulatory News for Hemp Businesses

A bipartisan bill that was introduced in the U.S. House of Representatives Thursday could push legal CBD through Congress, providing consumer access and protection while clearing the supply chain bottleneck. The Hemp and Hemp-Derived CBD Consumer Protection and Market Stabilization Act of 2021 is sponsored by Representatives Kurt Schrader, a Democrat from Oregon, and Morgan
Mexico is moving ahead on medical marijuana regulation — and all hemp and marijuana companies that envision doing business there in the future should start preparing now, lawyers say. The Mexican government has begun setting a regulatory structure for medical cannabis in the country, making it possible for companies to start applying for research licenses
A New Mexico district court has invalidated the state’s hemp production rules that allowed regulators to revoke or suspend licenses without notice and imposed strict testing requirements. Santa Fe District Court Judge Bryan Biedscheid said the New Mexico Department of Health’s rules were invalid because the agency failed to consult with the Medical Cannabis Advisory
Democratic Senate to Federally Legalize Marijuana In 2021? U.S. Senator from Oregon Ron Wyden tweeted, “We can’t address our country’s racial inequality crisis without ending the outdated, dangerous war on drugs and its disproportionate impact on Black and Brown Americans. @SenSchumer @SenBooker and I are going to introduce legislation to do just that.” He retweeted
Tim Seymour, the founder and chief investment officer of Seymour Asset Management and the man behind the Amplify Seymour Cannabis ETF (CNBS), runs through three major headlines moving cannabis stocks. Subscribe to CNBC Pro to access our live Pro Talk “How to Navigate the Reddit Market Mania” with Fundstrat’s Tom Lee and CNBC’s Mike Santoli:
The hemp industry has high hopes for thriving under President Joe Biden, with operators seeing opportunities in the president’s climate plan and feeling optimistic that congressional action on high-THC cannabis will open more opportunities for hemp entrepreneurs. But the industry is still waiting for answers on some of its most pressing concerns, especially the legality
Federal Cannabis Legalization News – January 2021 – Cannabis News Roundup Georgia turns blue! What does this mean for the M.O.R.E. Act? Trump grants clemency to nearly a dozen cannabis prisoners Detroit begins receiving applications for legacy Detroiter status And much more cannabis legalization news from January 2021. ______________________________________________ Footnotes (Headlines to Google): Obama’s Supreme
Hemp farmers getting federal pandemic assistance will see those payments frozen because of the changed administration. The U.S. Department of Agriculture says that payments under the latest round of the Coronavirus Food Assistance Program are on hold “until further notice” — though interested farmers can continue applying through Feb. 26. The latest round of coronavirus
The Senate Agriculture Committee talks to an experienced hemp regulator Tuesday when it considers the confirmation of Tom Vilsack for Secretary of Agriculture. Vilsack, an Iowan, is President Joe Biden’s nominee and served in the same role for all eight years of the Obama administration. He oversaw the USDA during passage and implementation of the
On the Urban Debate today, Tanvi Shukla talks about the recent decision that the United Nations has made. United Nations has today has legalized various products of cannabis including Marijuana. The United Nations has added that cannabis is not dangerous. India along with the majority voted to remove cannabis from the list of the most
A top official with the U.S. Department of Agriculture praised the agency’s work on hemp this week, putting into doubt any plans to make additional changes. Sonia Jimenez, deputy administrator for the Specialty Crops Program in the USDA’s Agricultural Marketing Service, talked up the rules in a newsletter the agency sends to farmers. “The work
#FloridaWeed Laws – the Florigrown v. DOH case – Medical Marijuana in Florida Explained. Florida has Medical Marijuana Treatment Centers (MMTCs) that are found both under the Medical Marijuana Amendment (MMA) that amended the Florida constitution in 2016 by 71% of the citizens’ vote. Florida statutes passed by the legislature have different language than that
Federal regulators that go after companies for false advertising recently weighed on sanctions against CBD companies, with one urging the agency to focus on opioid manufacturers and another warning against a chilling effect on legitimate cannabis research. Rohit Chopra and Christine S. Wilson, two of five members on the Federal Trade Commission, recently published statements
Thailand’s public health minister has approved regulations legalizing hemp production beginning Friday. The new rules allows hemp cultivation for commercial, medicinal, and research purposes, the Bangkok Post reported. Public Health Minister Anutin Charnvirakul approved the rules Thursday. The regulations will allow both exports and imports and the plant can be cultivated for extracts, beverages, cosmetics,
The U.S. Drug Enforcement Administration is asking a federal judge to dismiss a lawsuit from the Hemp Industries Association over an extraction rule that meany fear will wrongly criminalize temporary byproducts of the plant during production. The DEA says in a filing Tuesday that HIA is challenging “a hypothetical regulation or policy concerning manufacturing byproduct”
Hemp businesses walk a fine line when describing the health benefits of their products: Make a claim without evidence or wording that misleads consumers, and soon the legal fees will pile up. The U.S. Food and Drug Administration has guidelines for acceptable claims to make on labels for dietary supplements – the closest fit for