This week in the hemp industry saw the federal government showing its support for the industry. Companies fought to position themselves for international growth. And courts continue to see battles between hemp companies.
Denver CBD Drink Company Alleges Copyright Infringement in Lawsuit
A Colorado beverage brand is suing a Tennessee one for selling sports drinks that are allegedly identical.
California Farmers Trying to Fight Against Restrictions Lose Ground
A county court held up local ordinances limiting where hemp farmers could grow their crops in a California county.
Hemp Advocates Work to Enact Hemp Checkoff Program
Several hemp advocacy groups have banded together to push a checkoff program to help farmers and grow the industry.
Canadian Company Snatches up New Mexican Market Share
A Canadian company is looking to capitalize on its newest acquisition to be the only legal Mexican cannabis distributor.
FinCEN Releases More Clear Guidance for Banks to Work with Hemp Companies
The Federal Agency in charge of financial crimes has released guidance for banks on how to work with hemp companies.
New Jobs Come to Kentucky Thanks to Hemp Processor
Shyne Labs looks to expand its footprint as the company expands its hemp processing capacity in Kentucky.
Denim Mill Welcomes Hemp as a Mainstream Material
A large denim mill is working diligently to prepare for a surge in demand for hemp jeans.
The University of Texas Joins with Private Industry to Research How Lighting Can Effect Terpenes in Hemp
Universities are teaming up with private businesses to research the best way to optimize how hemp plants grow.
Acreage Holdings Agrees to Rearrange things to Help Canopy Growth’s Expansion
To help its future acquisition, Canopy Growth is loaning $100 million to Acreage Holdings to help the company grow.
Australian Government Releases Law to Support Hemp After COVID-19 passes
As hemp companies continue to chomp at the bit while in lock down during the coronavirus pandemic, the Australian government prepares for the coming boom.
