Australia's Federal Minister for Health, Greg Hunt, opened (another) medical cannabis facility in Queensland last week. The THC Global (ASX:THC) project in Southport is the largest bio-pharma manufacturing facility in the Southern Hemisphere according to the company, and has an expected capacity of 12,000 kg of Active Pharmaceutical Ingredient (API)...

A government appointed taskforce in the Australian state of Victoria will delve into the opportunities for industrial hemp in the state. The Industrial Hemp Taskforce will seek to understand where the industry has potential, and if regulations need to be tweaked to support growth (and no doubt there will be...

The U.S. Department of Agriculture announced this week some of the nation's industrial hemp growers will be able to obtain crop insurance. Crop insurance in the USA is subsidised by the federal government and protects against the loss of crops due to natural disasters, the loss of revenue resulting in...

Australia's Federal Health Minister Greg Hunt officially opened a medical cannabis farm in the state of Queensland earlier this week. The Minister and Federal Member for Fairfax Ted O’Brien toured the Medifarm facility, which is situated at an undisclosed location on the Sunshine Coast. “The cannabis products produced from the plants...

It took its time, but the USA's Drug Enforcement Administration has announced DEA registration is no longer required to grow or manufacture certain types of cannabis. The Agriculture Improvement Act of 2018 (2018 Farm Bill), signed into law last year, changed the definition of marijuana so it would exclude hemp....

MGC Pharmaceuticals (ASX:MXC) has been granted  approval to conduct a controlled trial assessing the effects of a cannabis-based medicine on driving performance. As legal medical cannabis becomes more widely available throughout the world, there are understandable concerns about the potential impacts on road safety. In Australia, current legislation in most...

Australia's Cannatrek has announced the firm has secured planning permission for what it says will be one of the world's largest medical cannabis facilities. The AUD $160 million project, given the green light by Victoria's Greater Shepparton City Council, involves the construction of a 160,000m2 glasshouse; inside which 160 tonnes...

Missouri’s Department of Health and Senior Services has received thousands of applications for medical marijuana cultivation, dispensary, manufacturing and testing laboratory licenses. DHSS reports 2,163 online applications had been received by 4:30 p.m. Monday. It was a big jump on the figures we reported in July, when the tally stood...

The USA's National Credit Union Administration says federally insured credit unions are able to provide some financial services to hemp businesses operating legally. The 2018 Farm Bill was signed into law on December 20, 2018. It defined hemp and removed it from the Controlled Substances Act, provided for its inclusion...

South Dakota Governor Kristi Noem has plenty of questions about hemp - 315 in fact - and she wants careful consideration given to them by the state's lawmakers. Governor Noem is very suspicious of allowing a legal hemp sector into her state. In March this year, she vetoed House Bill...