Industrial Hemp

U.S. commodities platform PanXchange, trading in hemp and other sectors, has ceased operations. Funding Withdrawal The shutdown follows the withdrawal of promised funding from an undisclosed investor. A significant financial balance was unsecured, leading to the closure, reported Hemp Today. Carbon...

BC Leads Canadian Cannabis Sales Surge in April According to Statistics Canada, Canadian cannabis sales experienced a 1.3% increase in April, reaching C$411.7 million. Alan Brochstein reported that the growth was primarily driven by British Columbia, with sales in the province surging by 8.7% from...

A study by Kansas State University found that feeding cattle industrial hemp may have beneficial effects on their health: reduce stress and increase the times they lie down, reported K-State News. The study was funded by a grant from the Agriculture and Food Research Initiative of the U.S....

iHemp’s Blain Becktold makes predictions for industrial hemp production in Michigan in 2020 and tells farmers they should consider adding hemp to their fields. Image Sourced from Pixabay

In the short while since last December’s passage of the 2018 Farm Bill, the market has started to make dramatic shifts. Cannabis companies like Canopy Growth Corp. (NYSE: CGC) have decided to go all-in on hemp, and existing hemp producers have begun to ramp up their production capacities. How...