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Key Takeaways From USDA's 2024 Hemp Report

The USDA’s 2024 “National Hemp Report” shows the value of hemp production, including floral hemp and seed production, is trending upward, though harvested hemp still exceeds hemp sold. Here are some of the key statistics to know.

Fast Stats Top Story

Noelle Skodzinski

May 12, 2024

Fast Stats Top Story2

Fast Stats Top Story3

Cornbread Hemp Announces THC Beverage Sponsorship in College Athletics

US Hemp Roundtable Applauds Senate for Passing Bill Without Harmful Hemp Ban

US Senate Pulls Hemp THC Ban Provision From Ag Spending Bill

Cresco Labs to Operate Kentucky’s Largest Medical Cannabis Cultivation License

Cornbread Hemp Announces THC Beverage Sponsorship in College Athletics

The family-owned hemp THC drink maker is sponsoring the Division I Louisville Cardinals athletic program.

Cornbread Hemp

US Hemp Roundtable Applauds Senate for Passing Bill Without Harmful Hemp Ban

Sen. Rand Paul championed the removal of language threatening American farmers.

US Senate Pulls Hemp THC Ban Provision From Ag Spending Bill

The language to prohibit hemp products with THC was removed after Sen. Rand Paul, R-Ky., vowed to hold up the underlying legislation.

Kentucky U.S. Sens. Rand Paul (left) and Mitch McConnell

Cresco Labs to Operate Kentucky’s Largest Medical Cannabis Cultivation License

The cannabis company will manage a facility with up to 25,000 square feet of canopy as one of two operators with a Tier 3 license.

Kentucky’s Medical Cannabis Program Attracts 5K License Applicants

The state’s forthcoming lotteries will award just 74 licenses, including 16 to cultivators, 48 to dispensaries and 10 processors.

Kentucky's Office of Medical Cannabis received 4,998 applications for one of the state's 74 licenses available in upcoming lotteries.

176 Applications Filed for Kentucky’s Medical Cannabis License Lottery

The application period runs through Aug. 31. The state plans to award 74 licenses through a lottery system.

Kentuckymedical Top

Hundreds Interested in Kentucky’s Medical Cannabis Licenses; Just 17 Apply So Far

Seventeen interested parties applied in the first three weeks of the two-month application period. There are 74 licenses available in a lottery system.

Kentucky Weed

Ohio’s Adult-Use Licensing Process Leads CBT’s Top Stories in July

California’s deadly pesticide contamination, federal cannabis rescheduling and CRISPR gene editing were also among the most-read articles this month.

Top10 July Topstory

Kentucky Governor Urges DEA to Reschedule: ‘The Jury is No Longer Out on Marijuana’

Gov. Andy Beshear wrote a letter to DEA Administrator Anne Milgram expressing his support for reclassifying cannabis to a Schedule III substance.

Kentucky Democratic Gov. Andy Beshear

Kentucky Lawmaker Introduces Adult-Use Cannabis Legalization Proposal, House Bill 420

Rep. Rachel Roberts’ legislation would legalize cannabis possession and use for adults 21 and older, as well as create a roadmap for a commercial adult-use market.

Kentucky Capitol Building Adobe Stock Khalid Resized

11 States That Could Legalize Cannabis in 2024

Our CBT future tellers once again are predicting which states will reform their cannabis policies this year.

Uslegalizationmap 2024 948x533

Kentucky General Assembly Subcommittee Approves Hemp-Derived Product Regulations

The emergency rules aim to provide increased oversight for intoxicating cannabinoids, including delta-8 THC.

Kentucky Statehouse Adobe Stock Credit Alexey Stiop Resized2

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