Startups

Polish Company Introduces 9 New Products To Hemp Personal Care Line

Poland-based Herbs & Hydro has expanded its line of health & beauty products, adding to its range of shampoos, conditioners and soaps based on hemp and other natural ingredients as it sees its distribution growing internationally. The company has developed nine new formulations, according to Julia Bocianowska, founder and chief developer. Among those are a cleansing bar …

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Thai Hemp Association Cyphers Pact with 12 Conventional Industries

The Thai Industrial Hemp Trade Association (TIHTA) said it has signed a cooperation agreement with 12 manufacturing industries to advance innovations and technology for the hemp industry. The agreement is aimed at advancing product research and development, knowledge exchange, production standards, planning, and price management, according to TIHTA President Pornchai Patthaminthara. Aviation to animal feed …

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Feds Request New Cultivators To Source NIDA Researchers

NEW YORK, NY – A federal agency this month took steps to end a decades-long monopoly on cannabis grown for research, issuing a call for “qualified businesses” to supply marijuana for approved programs. The announcement was not a Request for Proposal, merely a “sources sought” request. The proposal from the National Institute on Drug Abuse (NIDA) seeks capability …

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The American Voters Awe Support for Cannabis Business Banking Acceptance

WASHINGTON, D.C. – A new poll has revealed a majority of American voters support allowing legal cannabis businesses to access banking services. The survey, conducted by Morning Consult for Independent Community Bankers of America (ICBA), found 65 percent of voters support modest cannabis reform, and most respondents feel banking access will promote social equity and improve …

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European Scholars Examining Hemp Cellulose for Use In High-Tech Gels

German and French researchers are studying new ways to extract cellulose from waste hemp fibers to make aerogels, high-tech materials that have a wide range of industrial uses. While aerogels have historically been made from highly polluting inorganic matter such as silica or alumina, the research aims to advance their development from more eco-friendly organic …

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Companies Run Apart California In latest Sign of Cannabis Industry Turbulence

Nationally minded cannabis businesses face tough choices about where to operate in light of significant financial headwinds. At least three national cannabis companies have either departed the California marijuana market this year or are planning to shutter facilities in order to save on costs – the latest signal that profits are not exactly free-flowing for …

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Schwazze To Go out for Two Colorado Lightshade Dispensaries

Schwazze has agreed to acquire certain assets of Lightshade dispensaries located in Aurora and Denver’s Washington Park neighborhood. Schwazze (OTCQX: SHWZ) (NEO:SHWZ) has agreed to acquire Lightshade’s adult-use dispensaries in  the Denver area: one in Aurora and the other in Denver’s Washington Park neighborhood. The acquisition continues the multistate operator’s aggressive expansion in Colorado and will bring the company’s total number of dispensaries in the …

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Tempered Optimism On Cannabis Industry Future At Benzinga Chicago Conference

Cannabis industry players hopeful about year ahead, despite continued business challenges and federal inaction. A diverse swath of cannabis industry insiders at the Benzinga Capital Conference this week in Chicago expressed high-flying optimism heading into 2023, but they also hedged by acknowledging the immense business hurdles that marijuana entrepreneurs still face. “Hell yes, completely optimistic,” …

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Future Psychedelics Personnel Getting Educated Today

Several academic institutions around the world are heeding the call to quickly build a psychedelics workforce. There is a growing need for more therapists, more clinicians and more researchers in the psychedelics industry, so several academic institutions around the world are heeding the call in an effort to quickly build a psychedelics workforce. There are …

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