Hemp Industry News: Nov 16

Hemp Industry News: Nov 16

HEMP INDUSTRY NEWS

$6 Million Michigan Hemp Development


Viobin invests more than $6 million to expand their Michigan City hemp production plant. The city is grateful that the group invested in this "cutting edge industry", in their home. The expansion will create more integrations, efficiency, and jobs. Read More Hemp Industry News and Watch Indiana Grow.


LEGISLATION 

New York Clarifies CBD Regulations


New York wrote specific language to define the CBD market and create consumer trust. These innovative rules vary from explicit extraction classifications to an "intermediate sales" rule of 3% THC. Despite the sheer forward-thinking legislation, smokable hemp and edibles are either prohibited or heavily regulated. Read More and Watch NY Define the Industry.


FARMING 

Hemp Farming Fights Climate Change 


Farmers are trying to restore, regenerate and reimagine. The keys are to "start with a manageable amount" and with "local agriculture supporting local businesses."  It seems like quite a beautiful solution to help the earth and promote healing products. Read more Hemp Industry News and Sequester Carbon.


INTERNATIONAL

USDA Validates International Hemp 


The USDA, funds NIHC and demonstrates the federal government's recognition of hemp's potential. This creates, an opportunity to compete internationally as the leading agricultural countries in the world. It will be interesting to witness how this funding will accelerate the reach of U.S. Agricultural Hemp. Read More and Get That Government Money.


CONSUMER MARKET

CBD Healing America's Anxiety


58% of American hemp consumers use CBD to self medicate anxiety. Nielsen released an extensive and insightful report studying hemp consumption habits.  This study also highlighted the close relationship between CBD and wellness with 30% of consumers using CBD for general wellness. Read More and Stock Up for Shutdown #2

Ashley Dellinger

Ashley Dellinger


Ashley Dellinger is a trailblazer in the cannabis and hemp sectors, serving as the Director of Innovation at The Hemp Collect. With a keen visionary mindset, she not only propels advancements in these industries but also showcases her versatility as a seasoned professional writer based in Oregon. As a collaborative force, Ashley works alongside leading brands, processors, and retailers to elevate industry standards. Ashley Dellinger's work not only sets new benchmarks but also inspires others to pursue excellence. For a closer look into her insights and experiences, connect with Ashley on LinkedIn, Instagram, and Facebook.

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