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April 7, 2020 CONTACT

Staff, Author at Hemp Market Report

StaffStaffMarch 31, 2020


Congress has passed the CARES Act in order to assist Americans during the COVD19 pandemic. Despite paying onerous taxes, most cannabis companies are ineligible to take part in the rescue plan. Hemp farmers look like they will be able to take advantage of some assistance in the rescue package.

Harris Bricken law office noted on their website that the bill contains a $20 million grant to the Small Business Administration (SBA) Disaster Relief Fund. The site also pointed out that on March 11, President Trump instructed the SBA “to exercise available authority to provide capital and liquidity to firms affected by the coronavirus.” Unfortunately for marijuana businesses, SBA was quick to point out that:

“Because federal law prohibits the sale and distribution of cannabis, the SBA does not provide financial assistance to businesses that are illegal under federal law. Businesses that aren’t eligible include marijuana growers and dispensers, businesses that sell cannabis products, etc., even if the business is legal under local or state law.”

Harris Bricken also suggested that because the CARES Act delegates lending authority to banks and credit unions, that potentially eligible hemp businesses should reach out to their banks and credit unions directly.

Hemp, Inc. CEO Bruce Perlowin said, “We appreciate that the CARES Act includes language that designates relief for small businesses and relief for farmers–hemp farmers should absolutely be included in this as federal law now treats hemp as an agricultural commodity and not a controlled substance. While marijuana businesses and cultivators would not receive relief, hemp farmers should receive and benefit from direly needed stimulus funds. The hemp industry needs support now so that it can lead in uplifting and revamping the economy when the dust settles.”

Cannabis Crocodile Tears

Many in the cannabis community grumble about paying taxes but then get excluded from a rescue package. It’s a valid complaint, except that dispensaries have been allowed to stay open for the most part and many states have eased restrictions regarding deliveries and curbside service. Several have also reported very strong sales during the crisis and that makes it hard to believe that the companies need a rescue plan.

Granted physical distancing presents more challenges to the system, but then the cannabis industry is used to adapting to challenges. There are some that believe there are poorly run cannabis companies who are now hiding behind COVID excuses to explain poor results.

Hemp farmers, however, were struggling prior to the pandemic as many sunk large amounts of money into farms only to see prices drop and demand fall. Competition increased dramatically causing large players like GenCanna to declare bankruptcy. The CARES Act could be just the thing to hit the reset button.

EcoGen Laboratories Head of Sales Doug Watson said, “During this trying time, we are excited to see that the CARES Act includes language that designates relief for farmers and small businesses. Farming inherently comes with certain risks and any assistance from the government will help ease some of the fear in continuing to plant during this pandemic. In this same spirit, EcoGen is also working on a program where the company will buy back hemp from farmers in order to stand behind our farming customers. We are very hopeful that this stimulus will help the hemp industry in this important planting season for 2020.”

StaffStaffMarch 27, 2020


Medical marijuana dispensaries are mostly allowed to stay open and tend to patients during the COVID-19 crisis. CBD brands are also stepping up to do their part during the pandemic. Here’s what a group of CBD companies are doing to help:

Cloudious9 will be making a large donation of infrared thermometers to the San Francisco Bay Area Emergency Services, who hasn’t been able to get these thermometers since January.

“Designing and manufacturing innovative hardware devices for the cannabis industry requires extensive knowledge and the ability to navigate the complex Chinese marketplace, where most of the global supply chain is located.  Our CEO, Richard Huang, has spent most of his career building a large non cannabis international trade and domestic B2C fulfillment business bringing a large number of products to the U.S. market. Those connections and experience have allowed us to source a number of critical medical supplies that front responders need, that they have been unable to get through their normal procurement channels.  

We’re already in the process of donating a large number of Infrared Thermometers to local San Francisco Bay Area first responders, with delivery expected next week.  These Infrared Thermometers will allow the local agencies the ability to keep their department safe by minimizing any potential exposure between members of the department, as well exposure to the public.  We’re also currently engaged with a number of local and state agencies across the country trying to assist with their procurement of critical medical supplies. — Dominick Volpini, Vice President, Cloudious9 

Moxie is currently formulating hand sanitizer to donate to hospitals & community members. Once they obtain packaging, all customers will receive hand sanitizers when ordering with their home delivery service.   

“We are currently witnessing a societal shift where necessary supplies such as hand sanitizer aren’t prevalent enough to keep up with the demand. We know a limited number of places can manufacture hand sanitizer and since we are one of those places, we believe it is our civic duty to step up and help. We are all in this together.” — Tessa Adams, Head of Marketing, Moxie

Bluebird Botanicals has a pre-existing assistance program to offer discounts to veterans, teachers, students, civil servants, low-income families, and those with long-term disabilities. They have expanded this assistance program to offer savings to those who are experiencing financial hardships to do Coronavirus. This would include a 30% discount (excluding bulk and wholesale orders).  

“Earlier this month, Bluebird implemented a temporary assistance program in which customers economically affected by the pandemic could apply to receive a 30% discount off our products. We’ve now recognized that truly everyone has been impacted by this crisis – whether directly or indirectly – which is why we’ve replaced our assistance program with a storewide 30% off sale for the month of April. Or while supplies last. We’re still manufacturing our products but demand is surprisingly increasing during this time. Compassion is at the core of who we are as a company and our duty to support community members in need is now more urgent than ever. We sincerely hope that this discount will help anyone in need of CBD in these weird times.” — Michael Harinen, Chief Brand Officer, Bluebird Botanicals

Solaris Farms is selling its bulk cannabis at a discount to dispensaries to make sure they can continue operating. Right now, discounts are around 20% and they are considering a higher discount if needed. 

“Although our first priority is to the safety of our employees and doing our part to slow the spread of the virus by adhering to even stricter anti-microbial protocols, we have recently partnered with the Holistically Positive Product Give administered by the Ogden Foundation to support patients that cannot afford their medicines through the Community Outreach Medical Center.” — Michael Sassano, CEO, Solaris Farms

Moon Mother Hemp has free shipping to all customers and created a plan for weekly sales over the next 6 weeks. They will also be creating engaging content for their customers in order to foster authentic connections with their community. Moon Mother Hemp will also be offering financial assistance for those who qualify. 

“During this time of uncertainty, people are turning towards CBD for wellness support. To ensure our community is well cared for, we’re doing our best to serve in the ways that we know how: fostering authentic connections and ensuring access to the supplements customers need when they need them.”  — Tori Rerick, Director of Public Relations, Moon Mother Hemp

Manna Molecular CBD is offering a 15% off discount on their web store using the code “GlovesOff”. They manufacture Vella, a scientifically-backed, sexual wellness product for anyone with a vagina. It is a topical serum that is 100% condom compatible and paraben-free. 

“Vella will help couples stay intimate while under the numerous shelter-in-place orders, and women without partners will be just as satisfied at home by themselves–no reason to be lonely or down. Sex and masturbation is recession proof and a good postive mood-boosting activity to do when “Netflix and chill” or being home alone for extended periods of time are your options. That’s really all we can do for now is try to stimulate life and verve in a quarantine.” — Nial DeMena, President & CEO, Manna Molecular

Dr. Dabber— In an effort to boost morale, Dr. Dabber recently ran a giveaway for one of their limited edition products that sold out. Dr. Dabber understands money is tight right now, so they sent out an eblast with a discount code exclusive to their subscribers, valid for the entire month, thanking them for their continued support.

“We understand the importance of giving back right now. It’s great to see the community coming together and businesses helping how they can.” — Jamie Rosen: CEO & Founder of Dr. Dabber

StaffStaffMarch 16, 2020


HB 921, a bill addressing the hemp seeds used for hemp farming in Florida has passed the Florida Senate and House. It is expected for Florida Governor Ron DeSantis to sign the bill into law in the coming days.

The removal of the “rigid wording requirements” put in place by the Florida legislature will allow for clearer labeling. Nationwide there are currently 12 different labels required for hemp products. In addition to making the labeling easier, the legislation will allow for more research into plant genetics and will help determine what can be farmed in the Florida climate. The new legislation does not cover synthetic CBD.

Florida Hemp Council

The Florida Hemp Council, a non-profit that was created to provide structure, networking and services to the hemp industry in Florida, has been lobbying for this bill in Tallahassee.

Jeff Greene, the co-founder of The Florida Hemp Council stated, “At The Florida Hemp Council, we are happy with the result of the passing of HB 921. A late amendment to the bill allowed for important adjustments to the Hemp program in Florida. By exempting GRAS products and maintaining certain exemptions, we are able to cater to our small retailers and grocery store members. We were also able to keep order in the seed program for our farming members. Lastly, we are pleased to see that the Florida Department of Agriculture and Consumer Services received funding for 43 new employees. I would consider this session a win for the Florida hemp industry and am hopeful that Governor DeSantis will sign off, as planned.”

According to the, “As of February 21, Florida has not issued any permits to grow
hemp, according to Holly Bell, Director of Cannabis in the state’s Department of Agriculture and Consumer Services. With many farmers across the country already making preparations for the planting season by this point in the year, the fact that licenses have not yet been issued in Florida raises the question of whether hemp will be grown in the state this year and, if so, to what extent.”

StaffStaffMarch 12, 2020


The USA Triathlon, the National Governing Body for the sport of triathlon, has recently partnered with a Colorado-based CBD company, Pure Spectrum. USA Triathlon sanctions more than 4,300 events across the country. USA Triathlon not only sanctions triathlons but also para triathlons, duathlons, aquathlons, aqua bikes, off-road events, winter triathlons, youth races, camps, and clinics.

Pure Spectrum said on their website they are “proud to announce [they] are now the exclusive partner of USA Triathlon, representing the sports industry’s first-ever CBD partnership with a U.S. national governing body. Pure Spectrum’s mission is to improve the quality of life by connecting people to the healing powers of the hemp plant. [They] believe [their] partnership with USA Triathlon gives [them] an opportunity to execute this mission on the ultimate global stage—with elite-level endurance athletes.” 

Pure Spectrum offers tinctures, topicals, and isolates in their store. Their tinctures range from 250-2,500 mg. Their isolates range from 1-50 grams. They offer different topical products such as a salve, bath soak, and face cream. 

“We looked at dozens of CBD companies,” said Chuck Menke, Chief Marketing Officer of the USA Triathlon in a recent interview with Cheddar. “We knew this was a category and area of interest to our athletes, so we took a lot of time to make sure we were making the right decision.”  

This new partnership might be shocking to some, but it could encourage other national governing bodies in sports to take the same step. CBD is a plant-based alternative for many things, but most commonly used for pain. Allowing the opportunity for athletes to use something with limited side effects and no chance for getting “high” could change the game in professional sports. 

Aaron Scheidies, a cyclist who competed in the 2016 Olympic Games, is excited to try CBD. He says he has “been interested in trying CBD for quite some time now.” He is recovering from hip surgery and seeking help to heal as he prepares to make the 2020 Olympic team. Scheidies says “[He] feel[s] pretty safe with a company that does batch testing and, on top of that, has the approval of USA Triathlon.” 

Hopefully, the powerful voice of the USA Triathlon encourages a newfound positivity surrounding CBD and medical cannabis use as a whole. 


StaffStaffMarch 11, 2020


The Farm Bill, signed recently into law, allows for the cultivation and sale of hemp and hemp products under specific regulations. This legalization is a big step for both consumers and producers.

For consumers, it implies that they can now enjoy numerous health benefits of hemp oil. One of the benefits of hemp oil that receives a lot of attention is its use for skin. The skin is an essential part of the body, and no one wants to look dull or have aging skin. Today we look at the many benefits that hemp seed oil offer to your skin.

What is Hemp Seed Oil?

Hemp seed oil originates from seeds of the hemp plant. It comes from seeds that don’t contain the same level of compounds as the plant but are rich in many other compounds. Some of the components that the oil contains include omega-3 fatty acids that can do wonders for your skin.

Full-spectrum hemp oil contains all components required to provide the entourage effect. Health benefits of hemp seed oil include boosting cardiovascular health, enhancing brain health, relieving arthritis pain, and reducing inflammation.

Hemp Oil for Skin

  1. Hydrates Skin

It contains omega-3 and omega-6 fatty acids that help to hydrate the skin. Hemp oil is a natural skin moisturizer and a perfect solution for people with dry skin. Fatty acids contained in hemp interact uniquely with the skin to ensure that there is no clogging.

Besides, it contains amino acids, which inhibit skin dryness. Therefore, it can help hydrate the whole body and not just your face. Nowadays, you can also get lip products that contain CBD, such as CBD lip balm. What does CBD lip balm do? CBD lip balm helps to moisture and hydrate your lips because it contains hemp extracts.

  1. Has Antioxidant Properties

The hemp seed oil contains various antioxidants, including vitamin C, A, and E, and gamma-linolenic acid. Such properties can offer your skin protection from early aging. Dermatological studies show that antioxidants prevent oxidative cell damage by limiting the production of free radicals and playing a role in the aging process.

  1. Heals Eczema

There exists a positive link between eczema and hemp seed oil. Hemp seed oil helps to hydrate the dry skin of eczema patients as well as reduce inflammation and pain from itching. In short, eczema patients that use hemp oil report a significant reduction in itching and dryness and an improvement in all symptoms. If you suffer from eczema, you can apply the oil directly to your skin, as advised by a specialist.

  1. Treats Psoriasis

Psoriasis causes cells to multiply rapidly on the skin, leaving red patches and scales that are painful and itchy. At least 125 million people (2-3% of the total population) across the world suffer from this condition. These high statistics show that it is a common issue. The fatty acids and gamma-linolenic acids contained in hemp oil can help to treat psoriasis and leave your skin glowing.

  1. Reduce Skin Inflammation

Gamma-linoleic acid contained in hemp seed oil has anti-inflammatory properties. Therefore, it can help to address any swellings on the skin caused by other underlying conditions. Similarly, body cells involved in the inflammatory response contain omega 3 and 6 fatty acids. You can consume hemp oil to enjoy all these components for the benefit of your skin.

  1. Reduces Acne

These same fatty acids that fight inflammation also hydrate and soothe the skin and regulate the production of oil in the skin, which in turn helps to treat acne. Hemp oil doesn’t cause pore blockage or breakouts, and this is very important in acne. Considering that acne occurs as a result of blockage of pores due to excess fat, hemp oil offers the solution you need if you are experiencing this issue.

  1. Anti-aging Properties

Aging leaves your skin dry and dull and hinders you from getting that glowing and youthful skin. The hemp seed oil contains anti-aging properties and can help to reduce wrinkles and fine lines on your face. The oleic and linoleic acid, which play a crucial role in anti-aging, is an element of hemp seed oil.

You can benefit from hemp oils in the form of hemp scrubs, hemp creams, and hemp moisturizers to slow down the aging process of your skin. It has the perfect balance of most compounds required to boost skin health.


A healthy skin prevents the entry of diseases and gives you a radiant look. We all want to have that perfect skin and have probably tried most products available on the market. Hemp oil contains numerous minerals and nutrients that can benefit your skin without leaving any side effects.

The fact that it is legal in most places makes it easy to access such products from trusted sources. In Canada, the government sells products through the online dispensary Canada to ensure that you purchase premium hemp seed oil.


StaffStaffMarch 4, 2020


The U.S. Department of Agriculture (USDA) published an Interim Final Rule (IFR) regarding the testing of hemp at Drug Enforcement Administration (DEA) registered labs. The department wrote that it is “Delaying enforcement of the requirement to use laboratories registered with the Drug Enforcement Administration (DEA) for testing.  Under this guidance, the testing can be conducted by labs that are not yet DEA registered until the final rule is published, or Oct. 31, 2021, whichever comes first. This change will allow additional time to increase DEA registered analytical lab capacity.”

Hemp was legalized under the 2018 Farm Bill, but because the product had been regulated under the Controlled Substances Act there is insufficient capacity for testing and disposing of non-compliant plants.  Hemp with a tetrahydrocannabinol (THC) level of 0.3% or less on a dry weight basis is no longer a controlled substance in the United States. “We also know that weather and other factors may affect the THC level in hemp and that labs may receive material that is over the 0.3% THC level and is, by definition, a controlled substance,” said the announcement.

“We are delaying enforcement of these requirements based on comment received in response to the IFR and in discussions with states and tribes as they pursue USDA-approval of their plans.  Through these conversations, we have learned that these provisions will serve as a significant hindrance to the growth of a domestic hemp market at this nascent stage.  For instance, we now better understand how the limited number of DEA-registered labs will hinder testing and better understand the associated costs with disposing of product that contains over 0.3% THC could make entering the hemp market too risky.”

Cannabis with a THC level of over 0.3% on a dry weight basis is a controlled substance, and the USDA said that hemp must be disposed of on-site according to the disposal methods approved by USDA.

Potential market entrants and related industries are relying on USDA to provide guidance in their preparations for the 2020 growing season, and the Administrator found that there was good cause to issue the IFR without prior opportunity for notice and comment and to make it immediately effective.

“All laboratories engaged in the testing of hemp through this interim period will be subject to the same compliance requirements of the IFR. Specifically, labs must adhere to the standards of performance as outlined within the IFR, including the requirement to test for total THC employing post-decarboxylation or other similarly reliable methods. All labs will have to make arrangements to be compliant with registration requirements before this period of delayed enforcement expires. DEA will evaluate all applications using the criteria required by the Controlled Substances Act.” Additionally, USDA will conduct random audits of licensees to verify hemp is being produced in accordance with the provisions of the rule.

StaffStaffFebruary 28, 2020


A group of hemp industry policymakers released new policy recommendations and an updated model plan for state hemp programs, providing a guide to developing federally compliant state regulatory regimes. The recommendations can be viewed and downloaded at

“Our updated policy guide and model plan outline the best practices and legal requirements states can utilize to create hemp programs that are operable, successful, and federally compliant,” said Shawn Hauser, the lead author of the document and chair of the hemp and cannabinoids practice group at Vicente Sederberg. “We plan to continue updating these documents to reflect the evolving legal and regulatory landscape governing the burgeoning U.S. hemp industry.”

Part one of the update focuses on policy considerations related to hemp production. It is intended to promote compliance with the 2018 farm bill and the minimum requirements for state regulatory plans detailed by the U.S. Department of Agriculture in an interim final rule issued on October 31, 2019. Part two of the update will be made available in the coming weeks and addresses areas not governed by the USDA, such as processing and transportation.

The 2018 farm bill was signed into law in December 2018, lifting the decades-long prohibition on hemp production in the U.S. and allowing for federally sanctioned hemp production governed by the USDA. It gave states, U.S. territories, and American Indian tribes the option to act as primary regulatory authority, requiring those that choose to do so to first submit their regulatory plans to the USDA. In order to receive approval, plans must meet minimum requirements set forth in the farm bill, including regulations for registration, testing and inspection. States that choose not to regulate or prohibit hemp production cede jurisdiction to federal authority. Several states are in the process of creating plans, and  plans from eight states and 10 tribes have already been approved, according to the USDA website.

“Congress took a monumental step forward by ending our federal government’s decades-long prohibition on hemp production,” Hauser said. “It is equally important that it be replaced with sensible laws and regulations that protect public health and safety while also allowing this new industry to flourish. This crop has an exceptional amount of potential to boost our economy and improve our environment, but it will only be reached if the rules that govern it are fair and practical.”

The document was authored by attorneys with national cannabis law firm Vicente Sederberg LLP with support from Agricultural Hemp Solutions, the American Herbal Products Association, the U.S. Hemp Roundtable, and Vote Hemp. It is the first part of a two-part update to the “2018 Farm Bill Policy Guide and Model Hemp Production Plan,” which was produced by the same coalition of attorneys and organizations and released last February under the banner of the American Hemp Campaign.

StaffStaffFebruary 27, 2020


LeafLink is one of the top cannabis industry wholesale marketplaces, which gives the company access to a great deal of information about cannabis consumers. The company was able to break down the data on CBD sles at the request of Hemp Market Report. The results seemed to be very surprising.

The top-selling product was Mary’s Medicinals patch, which is priced at $10. Consumers use the patch for pain and anxiety. Mary’s Medicinals was in the top three best selling CBD companies for Leaflink in 2019. It was joined by Wana Brands, which had the number two selling CBD product – Strawberry Lemonade Sour Gummies. The third best selling item was CannaPunch’s CBD Therapy Pucks, which sports 20mg of CBD and 2mg of THC per puck. Also, in the top three best selling companies was Terrapin Pennsylvania.

Here’s the rest of the list:

Most purchased products containing CBD (by order volume)

  • 1:1 CBD:THC Patch, 100 mg – Mary’s Medicinals
  • 1:1 CBD/THC Sour Gummies, Strawberry Lemonade – Wana Brands
  • 10:1 CBD/THC CBD Therapy Assorted Pucks, 200 mg  – CannaPunch

Top categories for products containing CBD 

  • Edibles & Ingestibles 
  • Cartridges 
  • Topicals 

Top-selling brands with products containing CBD 

  • Terrapin Pennsylvania 
  • Wana Brands
  • Mary’s Medicinals

Leaflink continues to add products to its arsenal of cannabis shopping. LeafLink’s platform now has 1,400+ brands (900+ in Q1 2019). Their platform now serves 4,200+ retailers (2,700+ in Q1 2019). LeafLink has reached $1.5B+ in annualized orders ($780M in Q1 2019) and LeafLink now has over 90 team members (50+ in Q1 2019).

LeafLink continues to increase its reach into the consumer’s wallets. Here are some of the company’s highlights from 2019:


  • LeafLink launched in Illinois and streamlined $1M worth of wholesale cannabis orders for 68 retailers in their first-month live
  • LeafLink Financial, which is their service for simplifying cannabis payment, hit a run rate of $60M in payments facilitated compliantly
  • Closed Series B funding of $35 million
  • Launched LeafLink International, a joint venture with Canopy Rivers bringing wholesale marketplace technology to global cannabis markets




StaffStaffFebruary 24, 2020


The U.S. Hemp Authority has chosen FoodChain ID  as the exclusive certifying body for the [USHA] Certification seal. USHA Certification helps farmers, product manufacturers, marketers, and retailers secure mainstream market share by appealing to consumer and trade concerns about the veracity of product claims and serves to legitimize the evolving Hemp/CBD consumer product category.

“With the passage of the 2018 Farm Bill, hemp’s extracts such as CBD with a THC level of not more than 0.3 percent- (as distinct from marijuana), are no longer illegal controlled substances under federal law and are becoming more prevalent in food, beverage, and health and wellness,” said Mark Dabroski, senior vice president, commercial services.

According to USHA President Marielle Weintraub, “The U.S. Hemp Authority Certification Program is our industry’s initiative to provide high standards, best practices, and self-regulation, giving consumers an easy way to identify hemp-derived products that can be trusted. We are striving for ingredient transparency and truth in labeling.”

“Hemp seed oil and protein markets have been increasing exponentially over the last decade,” noted Dabroski. “With the category’s expected growth at a 46% CAGR to reach $2.8B by 2023[1], the need for self-regulation and transparency are critical.”

In an effort funded by the U.S. Hemp Roundtable and joined by organizations such as the Hemp Industries Association, industry-leading firms, top-tier testing laboratories, agronomists, and quality assessors, USHA developed comprehensive guidance for growers, processors/manufacturers, and brand owners of ingestible and cosmetic hemp products. Participants are licensed to use the Certified Seal of the U.S. Hemp Authority after meeting stringent self-regulatory standards, passing an independent third-party audit, and entering into a Licensing Agreement.

Weintraub noted that the organization’s standards and practices are consistently updated and improved. A public sessionon the effort will be held at the upcoming Natural Products Expo West on March 2nd in Anaheim, CA.

Widely recognized for the development, implementation, and marketing of the highly recognized Non-GMO Project Verification labeling standard, FoodChain ID offers specialized services for the food, beverage, ingredient and food component (i.e. grain) industries, spanning the entire food supply chain and is also a leader in USDA Organic certification.

“As consumers increasingly demand to know what is in the foods and products they buy, our suite of testing and verification services helps meet this demand,” says Dabroski.

About Us

The Hemp Market Report will target news from the fast growing worlds of cannabidiol (CBD) and hemp. As a sister site to the Green Market Report, HMR will cover financial stories, but also take a look at lifestyle news as well. The Hemp Market Report will also publish sponsored content as we seek to expand our content offerings.


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