Business & Management

2022 Revenue for Farmersville Hemp Brand Expected to Hit $1 Million

Puration, Inc. is initially forecasting $1 million in revenue for 2022. Management believes the forecast is conservative and anticipates potentially revisiting the revenue forecast more than once next year. CEO Brian Shibley last week published... more »

Delta-8 Injunction Upheld in Texas

The Third Court of Appeals of Texas has upheld Hometome Hero CBD's temporary injunction, which will stave off Delta-8 prohibition at least until a final decision is made. On Nov. 8, the 345th Civil District... more »

NIHC Creates Program to Strengthen Testing Standards, Labels for CBD

The National Industrial Hemp Council (NIHC) plans to roll out a pilot program establishing standards for product testing protocols and laboratories. Participants in the program will be able to label products with the NIHC label... more »

California Growers Urged to Respond to USDA Hemp Survey

It is not too late to respond to the 2021 Hemp Acreage and Production Survey, according to the USDA’s National Agricultural Statistics Service (NASS). The survey collects information on the acreage, yield, production, price and... more »

Vantage Hemp Co. Appoints Manufacturing Expert

Vantage Hemp Co., a manufacturer of pharmaceutical-grade CBD extracts, has appointed Ty Simpson as its new director of operations at the company. With over 20 years of experience in the manufacturing industry, Simpson specializes in... more »

Agrify Strengthens Executive Leadership Team

Agrify Corporation, a vertically integrated provider of premium cultivation and extraction solutions for the cannabis and hemp industry, has named Thomas Massie as the company’s new president and chief operating officer (COO). Timothy Oakes is... more »

Columbia Basin Bioscience Awarded ASTM Certification

Oregon-based hemp producer Columbia Basin Bioscience (CBB) has become the first extraction facility to be certified by ASTM's CANNQ/HEMPQ Certification Program, a program receiving input from state Attorneys General and law enforcement. ASTM International's CANNQ/HEMPQ... more »

Phylos to Provide 1 Million Hemp Seeds to BIPOC Farmers

Phylos, a modern crop science company developing advanced cannabis and hemp genetics, has committed to supplying 1 million stable and reliable hemp seeds to BIPOC farmers without capital investment. The first round of recipients were... more »