It's reporting season for New Zealand stock exchange-listed companies - and here's how a couple of local cannabis companies weighed in. Cannasouth, which was New Zealand’s first medicinal cannabis company to list (NZX:CBD), reported an operating loss for the six months to 30 June 2021 of NZD $1,992,634; quite a...
Indicators point to CBD hemp production in the USA will decline for the second straight year in 2021; meanwhile the USDA is moving ahead with a hemp producer survey. Hemp Benchmarks' latest Hemp Spot Price Index Report summary doesn't have a a lot of good news. While some wholesale hemp-CBD product...
The finishing touches are being put on what's touted to be largest hemp CBD processing facility in the USA. HempRise's Indiana facility is being constructed in River Ridge in Jeffersonville. The 25 acre purpose-built, dedicated hemp extraction campus will feature a 100,000 square foot extraction facility capable of processing 3.5...
Global Hemp Group's goal of creating a hemp industrial park and hemp based residential development took another step towards fruition last week. Its Hayden, Colorado Hemp Agro-Industrial Zone (“HAIZ”) will see the production of raw materials and other value-added products in a centralized location adjacent to where the hemp is...
A project seeking to increase industrial hemp production and processing in the UK has received government financial backing. Led by researchers at the University of York and Biorenewables Development Centre (BDC), the HEMP-30 initiative will plot a pathway to boosting the amount of industrial hemp cultivated in the UK from...
Medical marijuana is legal in 36 US states and four of its territories - North Carolina isn't among them; yet. But early this week, a North Carolina Senate committee approved a revised bill to legalize medical marijuana within the state - SB711, the NC Compassion Care Act. A number of...
Australia's Cannim says it has completed the first ever legal export of Jamaican cannabis flower to Germany. Huh? While based in Sydney, Cannim has invested in farms, EU-GMP (Good Manufacturing Practice)-compliant production facilities and research programs in Australia ..and Jamaica. Its 500 acre facility in Jamaica operates a mix of greenhouses,...
The U.S. Department of Agriculture (USDA) has announced it is again pitching in with financial support for organic producer and handler certifications. Applying not just to hemp, the Organic Certification Cost Share Program (OCCSP) will help offset the costs of obtaining or maintaining organic certification under the USDA’s National Organic Program. “USDA is...
Medical cannabis company MediPharm Labs Australia Pty Ltd has been awarded $330,000 as part of the Australian Government’s $50 million Manufacturing Modernisation Fund. The Manufacturing Modernisation Fund is focused on investing in small and medium sized Australian enterprises, with the goal of increasing innovation, enhancing productivity, boosting jobs and upskilling...
Tasmania's Kindred Organics has been named a winner in the 2021 delicious. Harvey Norman Produce Awards. As Australians become more aware of not just what is in their food, but how it was produced, farming methods are becoming increasingly under the spotlight and organic foods are enjoying growing popularity. Now in...