Medical Marijuana and Hemp News

Medical Marijuana and Hemp News

Trump’s Plans For Medical Marijuana – Who The Heck Knows?

U.S. President Donald Trump's recently released proposed fiscal year 2021 budget plan has caused a stir regarding medical marijuana.In a section headed "cancellations" in the 1,400+ page document, included is wording (page 226) saying none of the funds made available under the Act to the Department of Justice may...

Hemp For Horses – Creso Pharma

Australia's Creso Pharma Limited (ASX:CPH) has announced the development of a hemp product for horses and other large animals.The product is a complementary feed called anibidiol®EQUI, which was developed in collaboration with Switzerland-based CapService over the past year.Creso says:"..anibidiol®EQUIis based on natural hemp plant components and provides the entourage...

Overwhelming Support For Medical Marijuana In Kentucky

While the U.S. state of Kentucky may be all-in on hemp, medical marijuana is another story. But there's certainly plenty of call for it.Medical marijuana is yet to be legalised in the state, although this hasn't been through a lack of trying. However, cannabidiol derived from industrial hemp (cannabis...

USDA Digs In On Hemp THC Limits

The U.S. Department of Agriculture (USDA) won't be amending its proposed rules for hemp to increase the allowable THC limit - and says it has a pretty good reason why.Currently, the limit is set at 0.3 percent THC, with a negligence threshold of 0.5 percent. The latter means cultivators...

Beware Of Hemp “Weed-Washing”

As more businesses pile on to the cannabis wellness bandwagon, consumers will need to become increasingly aware of what's been called "weed-washing".In November 2017, a ban on the sale hemp seed foods was officially lifted in Australia - and these foods have been widely available elsewhere for many...

New Zealand Cannabidiol Use Audit Results

An audit on hundreds of patients in New Zealand prescribed cannabidiol in the form of CBD oil has revealed encouraging results.The study by researchers from the University of Auckland and medical cannabis clinic owner Dr Graham Gulbransen looked at how patients were faring after using cannabidiol (CBD), the non-intoxicating...

Australian Hemp Business Happenings

Elixinol Global (ASX:EXL) is selling off its Australian hemp foods arm, while Ecofibre (ASX:EOF) racks up impressive revenue growth.Elixinol Global Limited announced on Monday it will sell its subsidiary Hemp Foods Australia Pty Ltd (HFA) to a subsidiary of China's Shanghai Shunho New Materials Technology Co., Ltd.Shunho is to...

No Caps For Hemp Licences In South Carolina

South Carolina Department of Agriculture (SCDA) announced on Friday it was to begin accepting hemp cultivation, handling and processing applications from February 1.For the 2020 growing season, there won't be any caps on the number of permits that can be issued and no limits on acreage under cultivation. However,...

3 More Australian Medical Cannabis Ventures Gain Major Project Status

Special status awarded to three more medicinal cannabis projects in Australia by the Morrison Government will help expedite progress on the ventures.The granting of Major Project Status means certain approvals are streamlined - but it doesn't mean a free pass; there are still hoops to jump through and hurdles...

Study Sheds Light On “Hot Hemp”

Some widely held assumptions on THC levels in hemp have been put under the spotlight in a recent study.While hemp has far less of the intoxicating cannabinoid tetrahydrocannabinol (THC) than its cousin marijuana (low THC levels are what makes a cannabis sativa plant hemp legally speaking), it still varies...