Botanicals
Hemp Enters Growing Season Against Backdrop of Moribund Prices
No one will be surprised to learn that the price of CBD-hemp has stayed in the basement, resisting any pull upward as the industry works through the 2019 crop inventory while new harvest beckons in the not too distant future. According to its June Hemp: Benchmarks and...
CBD Suffers from Hangover as Planting Season Begins
The prices for unprocessed hemp for CBD (CBD biomass) and for distilled CBD have consolidated at low levels, according to May data reported by the PanXchange, holding at about 20 percent of last year’s peak prices posted shortly before the harvest started. Around...
State Rep. Kelly Cassidy: Illinois legislators take notice of strong cannabis revenues
John Lothian News caught up with Illinois State Rep. Kelly Cassidy (D-Chicago) on Wednesday, May 27, just days after the finish of a special state legislative session. Amid talk of a budget deficit and pandemic-related business closures, the healthy revenue stream...
Update: SAFE Banking Act of 2019 Moves Forward With Heroes Act
The Health and Economic Recovery Omnibus Emergency Solutions (HEROES) Act, legislation introduced by House Speaker Nancy Pelosi, D-Calif., and passed by the House late Friday, seeks to deliver an additional $3 trillion in aid to a wide range of individuals, businesses and municipalities hit by economic fallout from the coronavirus.
CBD Demand High, Fewer CBD-Hemp Acres Expected in Key States in 2020
As part of our evolving coverage of all aspects of the cannabis business, John Lothian News is passing on information and insights about industrial hemp to our readers on a monthly basis. Our partner in this endeavor, PanXchange, last year launched an electronic market for businesses all along the CBD-oriented hemp supply chain.
JLN checks in with Supercritical on banking relief and a scramble for new canna licenses
In the latest JLN update on the legal cannabis marketplace, Thom Thompson interviews Sparky Rose and Kerry Jordan, principals of the consultancy Supercritical, about possible legislative relief for cannabis banking as well as the impact of added Illinois licenses for craft growers and infusers.
Fledgling Illinois Canna Business Clipped by COVID-19
The coronavirus has had a profound impact on all market sectors, including botannicals.
USDA: Hemp Pilot a Success
Restarting production of a once (and future?) major crop like hemp was fraught with risks.
Cannabis Companies Get Down to Business
What’s next for legal cannabis in Illiois? Supercritical’s Jay Caauwe looks at next steps.
JLN Video: State Rep. Kelly Cassidy – STAC 2020
State Rep. Kelly Cassidy (D-Chicago) 14th District, a sponsor of the bill to legalize recreational marijuana in Illinois, joined a STAC panel on cannabis investment.
New Year’s Day Launch Seen as Just the Start of Illinois’ Recreational Canna Business
As of January 1, adults in Illinois will be allowed to legally buy small quantities of cannabis products for recreational use from licensed state dispensaries. However, while its launch has been highly publicized, the state's cannabis...
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This Is What It Looks Like When a Texas Oil Boom Busts
First Read Hits & Takes By JLN Staff Don't forget to sign up your interns or college student age family members for our MarketsWiki Education World of Opportunity virtual event on July 22 starting at 1:30 PM. You are also welcome to sign up for this free event if...
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LedgerX is taking another shot at a bitcoin fear gauge; Global stocks surge as investors ignore record new COVID-19 infections
LedgerX is taking another shot at a bitcoin fear gauge; Global stocks surge as investors ignore record new COVID-19 infections
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