Proposed Texas Hemp License Fee Hike Will Force Businesses To Close, Advocates Say
“Many small businesses simply cannot absorb this level of cost and will be forced to shut down rather than renew.” By Stephen Simpson, The Texas Tribune Texas state health officials have proposed raising licensing fees by as much as 13,000 percent for some hemp businesses, among a slate of changes that many industry members and […]
New York Officials Tout $2.5 Billion In Marijuana Sales, Expansion Of Licensed Businesses And More Since Adult-Use Legalization
New York officials have released a set of reports providing an end-of-year status update on the evolution of the state’s medical and adult-use marijuana markets—touting record sales, revenue hauls for state coffers, licensing approvals, equity initiatives and more. All told, retail cannabis sales in New York have exceeded $2.5 billion since the passage of recreational […]
Kansas Attorney General And Law Enforcement Sued Over Raids On Hemp Businesses
“Store owners have had varying amounts of legal products seized with no recourse to recover the products or the potential profits from those products.” By Tim Carpenter, Kansas Reflector A McPherson County lawsuit filed by a Kansas business owner challenges “unconstitutionally vague” enforcement operations leading to seizure of cash and hemp-derived products at direction of […]
Virginia Hemp Businesses Consider How To Pivot With Federal Ban Looming
“It’s a bad situation for a lot of hemp growers and processors and retailers.” By Charlotte Rene Woods, Virginia Mercury Richmond-based Bingo Beer legally joined a nationally-growing market for hemp-derived THC products earlier this year when it unveiled THC seltzers. The nonalcoholic beverage option has been growing nationwide as an alternative for people who are looking to […]
Marijuana And Hemp Businesses Are Already Working Together, And It’s Going Better Than You Think (Op-Ed)
“The ‘Commission’ meetings are unlocking a united vision of an industry built on safety, fairness, accountability and consistency.” By Adam Rosenberg, National Cannabis Industry Association and Eric Berlin, Dentons The recent government funding deal, which narrowed the definition of hemp, sent shockwaves through parts of the hemp market and exposed how fragile the current patchwork […]
North Carolina Hemp Businesses Brace For Impact Of New Federal THC Product Ban
“We have a year to either figure it out or we have a year to just like, crush it and fight for the plant and hope that we can change this with legislation.” By Brandon Kingdollar, NC Newsline For Hannah DeLange, the most rewarding part of managing Redhead Hemp’s Durham location has been “creating a […]
Minnesota Hemp Businesses And Senators Say Federal THC Ban Will Hurt The State’s Economy
“Senator Klobuchar voted against the hemp provision because she thought it would hurt the state’s small businesses.” By Ana Radelat, MinnPost Minnesota’s booming industry of intoxicating products made by hemp, including beverages and gummies, is reeling from the ban on their products that is making its way through Congress in a bill that would reopen the […]