This week, the public comment period for the DEA’s interim final rule on hemp ended, painting a clearer picture of what the industry hopes to see with regulations moving forward. Meanwhile, a coalition of more than 75,000 hemp industry members is lobbying the White House and Congress for a federal advisory committee on hemp.
Here are this week’s headlines you might have missed.
National: The public comment periods for USDA and DEA hemp regulations have ended, and comments demonstrate the industry’s push for greater certainty, flexibility, and a reduced role for the DEA. Read more
Meanwhile, the National Hemp Association (NHA) and its Standing Committee of Hemp Associations are lobbying the White House and Congress for a federal advisory committee on hemp. The advisory committee would have the resources necessary to provide advice and research to the federal government regarding hemp cultivation, processing, manufacturing, and finished products. Read moreNew York: New York Gov. Andrew Cuomo is renewing his push for cannabis legalization in 2021, and also plans to issue new CBD rules in the state. Read more
North Carolina: The Asheville Hemp Project team recently pulled more than 3,000 lbs. of hemp biomass out of their fields, and now that harvest is over, the company offers three tips for drying. Read more
Pennsylvania: At $102 million, Intrinsic Capital Partners has closed a growth equity fund for investment in cannabis- and hemp-focused life science and technology businesses. Read more