Products with limited amounts of hemp-derived THC would be legal in California again under a bill recently introduced in the state Legislature. Products with detectable amounts of hemp-sourced THC have been banned in the state since September under emergency regulations backed by Gov. Gavin Newsom. That ban would be lifted if lawmakers pass Assembly Bill […]
Agrify Corp. is selling its cannabis cultivation operation for $7 million to an investment firm affiliated with the company’s former CEO, Raymond Chang. According to a Monday news release, the Troy, Michigan-based operator sold the unit to CP Acquisitions, which is affiliated with Chang. Chang resigned from Agrify’s top post and as board chair in […]
Absent federal regulations for the $28.4 billion market for goods containing intoxicating hemp-derived cannabinoids – and in an era where states are imposing increasingly tough restrictions or outright bans on hemp-derived THC – a major hemp organization has created a certification program for such products. The U.S. Hemp Authority, a Kentucky-based, third-party certification body for […]
