WednesdayOct 02, 2019 1:29 pm

Geyser Brands Inc. (TSX.V: GYSR) Targeting Growth with Completion of Solace Management Acquisition, GMP Facility and New Product NPN

Geyser Brands is building on its mission to help people look, feel and do their best through value-added cannabis product solutions The company recently closed on its acquisition of established hemp brands manufacturer Solace Management, adding two-dozen wellness products and 57 SKUs to its stable The acquisition adds a 7,500-square-foot, GMP-compliant facility to an existing innovation hub and manufacturing subsidiary in Coquitlam, British Columbia Solace recently received approval for sales of a new pain-relief roll-on product following issuance of a natural product number from Health Canada The global topical pain relief market is forecast to reach $13.28 billion by 2025,…

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WednesdayOct 02, 2019 9:00 am

2020 World Ag Expo to Debut Hemp Pavilion

Globally, industrial hemp is used in more than 250,000 products, and interest in this versatile plant doesn’t seem to have peaked just yet. For the first time, the World Ag Expo is going to feature a hemp pavilion where there will be space for exhibitors and a stage for seminars during the expo due to take place in February 2020. The World Ag Expo held in California each year is seen as the defacto signal that the new agricultural season is about to begin, and that is why the organizers see this event as the best time to hold seminars…

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TuesdayOct 01, 2019 4:00 pm

Pine City, Minnesota, to Host Hemp Class on Wednesday

People who would like to learn more about the possibilities inherent in industrial hemp can have all their questions answered during a class that has been organized at Pine City High School, Minnesota on Wednesday (October 2) starting at 6:30 pm. Industrial hemp is the federally legal “cousin” of marijuana. By law, hemp should have no more than 0.3 percent THC on a dry weight basis. Because of its close resemblance to marijuana, one must obtain a license from the state in order to grow this crop. Additionally, inspectors from the state agriculture department have to perform compliance tests to…

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TuesdayOct 01, 2019 9:00 am

USDA Officials Note Challenges in Providing Insurance Coverage to Hemp Farmers

When lawmakers passed the legalization of hemp under the 2018 Farm Bill, they did not expect hemp farmers to face challenges when securing crop insurance for the plant. The Senate Majority Leader, Mitch McConnell (R-KY) who said that the United States farmers are left out of the lucrative hemp industry, championed hemp legalization. The panel raised questions about the possibility of covering the hemp plant through the United States Department of Agriculture during the House of Agriculture Committee hearing. Chairman Collin Peterson (D-MN) asked the undersecretary for farm production and conservation, Bill Northey, how he was going to come up…

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