These Hemp Farmers Are Making A Killing On The CBD Industry

Blue Forest Farms used to grow hundreds of acres of kale, squash, and pumpkins. But it has since switched its focus to a different cash crop: hemp. The farm, which is located in Erie, Colorado, has dedicated 150 acres to growing hemp so far — and it’s still planting. “We’re now expanding it to 1,000 acres,” said McKenzie Mann, Blue Forest’s production manager. Read more

U.S. Attorney General Says He Prefers Marijuana Reform Bill To Current Federal Law

Attorney General William Barr said on Wednesday that he would prefer that Congress enact legislation allowing states to legalize marijuana instead of continuing the current approach under which a growing number of states have ended cannabis prohibition in conflict with federal law. The attorney general added that the Justice Department is actively reviewing legislation that would accomplish that, and he discussed the department’s current approach to marijuana enforcement as well as plans to add additional cannabis manufacturers for research purposes. Read more

Georgia Poised To Lift Cultivation Ban For Limited Medical Cannabis Program

Georgia lawmakers want to open the state to commercial medical marijuana cultivation, passing a bill that would offer fresh business opportunities in the Peach State’s limited MMJ program. The measure awaits the signature of Gov. Brian Kemp, who has indicated he supports offering in-state medical marijuana cultivation, according to The Atlanta Journal-Constitution. Read more

Council Bars Employers From Testing Would-be Workers For Marijuana

The City Council moved Tuesday to bar most businesses, nonprofits, and agencies from screening job applicants for marijuana use. The measure, sponsored by newly-minted Public Advocate Jumaane Williams, includes carve-outs for cops, construction workers, commercial drivers and individuals in the health and child care industries—as well as those mandated to drug-test employees because of federal contracts. But it broadly prohibits other organizations from obligating potential employees to undergo a test for tetrahydrocannabinols, the chief psychoactive compounds in marijuana. Read more

Canada’s Cannabis Landscape: A Province-by-Province Breakdown

As Canada’s six-month anniversary of marijuana legalization day approaches, it’s clear that it’s been a bit of a rocky road. Supply shortages have left customers and retailers frustrated across the country. Some provinces have already laid off workers or cut hours at government-run cannabis retailers, while others are still having trouble getting their retail networks off the ground. Read more

Report: Legal Marijuana Industry Employs Over 200,000 Full-Time Workers

The state-licensed cannabis industry gained over 64,000 new employees in 2018 and now employs over 200,000 full-time workers, according to data compiled by Whitney Economics and the online content provider Commenting on the new findings, NORML Executive Director Erik Altieri said, “The federal government needs to deschedule marijuana to allow states to better and more fully benefit from the economic growth engine that is the legal marijuana industry.” Read more

Q&A: Jason Dunn, Colorado’s New Top Federal Prosecutor, On Marijuana, Battling The Opioid Epidemic And How To Stop Violent Crime

Colorado’s U.S. attorney holds one of the most powerful law enforcement jobs in the state, overseeing the direction of the regional offices of the FBI, Drug Enforcement Administration, and the Bureau of Alcohol, Tobacco, Firearms, and Explosives. And that’s just to name a few. Jason Dunn, the latest person to hold the job, was appointed by President Donald Trump and has big plans to take on a myriad of issues, from the opioid epidemic to violent crime and the state’s massive marijuana black market. Read more

Bags Of Cash, Armed Guards And Wary Banks: The Edgy Life Of A Cannabis Company CFO

Normally, a chief financial officer’s job involves poring over balance sheets and bank statements. But in the pot business, the job still bears a lot of similarities to the illicit trade — transporting loads of cash under the watchful eye of big guys carrying lots of guns. Just ask Tom DiGiovanni. Read more

How Cannabis Is Firing Up The U.S. Supply Chain

U.S. companies cannot stop talking about marijuana, hoping in part they can catch investor interest as the booming economy around the drug lifts revenues throughout the supply chain. Read more