Staff, Author at Hemp Market Report - Page 2 of 11

StaffStaffMay 19, 2020
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7min00
A coalition of U.S. hemp businesses and organizations announced the launch of Hemp for Our Future, a social responsibility campaign to support healthcare workers and community organizations on the frontline of the coronavirus crisis.
Hemp for Our Future has established a network of hemp farmers, businesses, and nonprofits, through which it is coordinating the production and donation of hemp-based materials, products, and foods to nursing organizations, food banks, and other organizations in their regions that are helping people impacted by COVID-19. The campaign was inspired by “Hemp for Victory,” a film produced by the federal government during World War II that encouraged American farmers to grow as much hemp as possible to support the war effort.

Leaders and supporters of Hemp for Our Future explain the new campaign and its inspiration in a video online.

“This is an exceptionally challenging time for our country, and everyone is looking for ways to do their part to help out,” said Hemp for Our Future co-founder Shawn Hauser, who is a partner and chair of the hemp and cannabinoid practice at Vicente Sederberg LLP. “This nascent industry is only in its first year of USDA regulation, but it is well-positioned to quickly start making an impact. The power of hemp is incredible, and the power of an active and well-organized community is unlimited.”

Hemp for Our Future is asking participants to produce products, donate biomass, provide logistics services, contribute financially, and recruit additional participants from throughout their supply chains. In particular, it is seeking donations of personal protective equipment, sterilization products and equipment, cleaning supplies, food and supplements, and lotions and salves.

“One in seven people in Kentucky were struggling with hunger before the COVID-19 pandemic hit, and now that number is even bigger,” said Chad Rosen, CEO of Kentucky-based Victory Hemp Foods, which contributed hundreds of pounds of hemp hearts to local food banks. “As a superfood ingredient manufacturer, we are trying to do what we can with what we have to help the greatest number of people. We decided to start by donating hundreds of pounds of nutrient-dense hemp hearts to food banks in the communities where we live. We are also encouraging others to take similar action, because even small acts can have a big impact.”

Some of the initial contributions coordinated through the network include:

  • Several hundred pounds of hemp hearts from Victory Hemp Foods to food banks and nutrition programs in four Kentucky counties;
  • More than 1,000 units of hand sanitizers, lip balms, salves, and other topicals from Curaleaf, Fusion CBD, Nanocraft CBD (facilitated by CBD Takeout), and other companies to professional nursing organizations in Massachusetts and New York; and
  • More than 200 items of hemp clothing from Colorado Hemp Company to Colorado Coalition for the Homeless.

“Our company is proud to participate in the Hemp for our Future campaign and assist in helping local community organizations in need of donations, such as food and clothing,” said Morris Beegle, founder of Colorado Hemp Company. “It’s great to see so many companies and individuals from the hemp and cannabis space stepping up to help those in need.”

Hemp for Our Future was co-founded by Vicente Sederberg LLP, Agricultural Hemp Solutions, and Friends of Hemp. It is supported by a growing number of organizations and businesses, including (in alphabetical order):

  • Agricultural Hemp Solutions
  • Cannabis Doing Good
  • CBD Takeout
  • Colorado Hemp Company
  • Colorado Hemp Industries Association
  • Curaleaf
  • EARTH Law LLC
  • Friends of Hemp
  • Fusion CBD
  • Hemp History Week
  • Hemp Industries Association
  • Hemp Road Trip
  • Nanocraft CBD
  • National Cannabis Industry Association
  • National Hemp Association
  • OP Innovates
  • Oregon Industrial Hemp Farmers Association
  • Oregon State University Global Hemp Innovation Center
  • Texas Hemp Educational Organization
  • U.S. Hemp Building Association
  • U.S. Hemp Growers Conferences & Expo
  • Vicente Sederberg LLP
  • Victory Hemp Foods
  • Virginia Industrial Hemp Coalition
  • Vote Hemp
“Hemp for Our Future is currently focused on helping health care workers and others on the frontline of the COVID-19 crisis, but the network we have created will be able to continue doing good well into the future,” said Hemp for Our Future co-founder Courtney Moran of Agricultural Hemp Solutions. “It is a meaningful way in which we can unite and strengthen this new industry, while also illuminating the utility and sustainability of this amazing crop. Now that commercial hemp production is federally legal in the U.S., we can put it to use to meet our country’s industrial material needs, while also regenerating our soils and rural economies.”

StaffStaffMay 8, 2020
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8min00

Editors Note: This post was republished with permission from CannabizMedia.com

Cannacurio: Connecticut Hemp

It is hemp season and today’s Cannacurio delves into the hemp licenses in our home state of Connecticut. Connecticut has three types of licenses right now that includes cultivation, processing, and manufacturing. Between Pending and Active there are 217 licenses and here is how they break down across activities:

Connecticut 2020 Hemp Licenses by Activity

Manufacturer License: To make hemp products intended for human ingestion, inhalation, absorption or other internal consumption (collectively “consumables”), you must apply for and receive a manufacturer of hemp consumables license. Such a license is required to engage in the conversion of the hemp plant into a byproduct by means of adding heat, solvents, or any method of extraction to modify the original composition of the plant into a consumable.

Processor License: To use or convert hemp to make a product that is not a consumable, you must obtain a license from the Department of Agriculture. The processor license will be required to produce all animal food, and non-consumables, such as textiles and building products.

Grower License: Issued to a person in the state-licensed by the commissioner to cultivate, grow, harvest, handle, store, and market hemp.

Key Findings

  • There are 217 active and pending Connecticut hemp licenses so far this year
  • 66% of the licenses are cultivators, 25% cultivators, and 9% processors
  • 73 of the licenses have been formed with other licenses to create a vertically integrated operation. 84% of the processors are integrated with other licenses.
  • Incredible Edibles, a well-known brand, received both a cultivator and manufacturer license.

Vertical Integration

One of the questions we are increasingly asked about is how many licenses are vertically integrated. For Cannabis licensing that is easier to answer as it is often regulated – think Florida and New York for full integration or New Mexico and Connecticut for partial. However, in the hemp economy, it is really up to the discretion of the business to decide if it wants to and is qualified to manage multiple activities.

In evaluating the 217 licenses above we have determined that 73 of these licenses – or about a third have been vertically integrated into stacks of two or three licenses. 144 operate as stand-alone licenses.

Vertically Integrated Connecticut Hemp Licenses

In other words, 66% are stand-alone businesses and in looking at the % table above we can see that Cultivators have the highest likelihood to be a stand-alone business followed by Manufacturers and Processors.

The processing function is most likely to be vertically integrated or stacked – only 3 of the 19 processing licenses are stand-alones.

Why does this matter?

It speaks to the ease with which business owners can make the determinations as to the types of businesses they would like to pursue. There are a couple of other factors at work here as well. In order to get all three of these Connecticut licenses, the business owners had to secure cultivation and manufacturing from the Department of Agriculture and the Processing license from the Department of Consumer Protection. This supports a trend we have seen in hemp licensing where states expand the activities they permit and utilize existing regulators to help carry the burden.

We have seen this play out in Florida and Louisiana where existing regulators manage the licensure of retail sales. This is a stark contract from cannabis regulatory schemes where monolithic entities are created to handle the process.

Leaderboard

Here are the license holders who have secured/applied to receive all three license types in Connecticut:

CT Hemp Leaderboard - Vertically Integrated


StaffStaffApril 30, 2020
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4min00

A California-based marketer of a supplement consisting mainly of Vitamin C and herbal extracts, David Ching, has agreed to a preliminary order barring him from claiming that it is effective at treating, preventing, or reducing the risk of COVID-19. Ching’s company Whole Leaf Organics has claimed its CBD products to be a treatment for cancer and now claims it is effective in preventing or treating COVID-19.

“There’s no proof that any product will prevent or treat COVID-19 or that any CBD product will treat cancer,” said Bureau of Consumer Protection Director Andrew Smith. “Let’s be clear: companies making these claims can look forward to an FTC lawsuit like this one.”

Complaint

The complaint alleges that, since at least December 2018, Ching has used his Whole Leaf Organics website to advertise and sell three CBD-containing products, CBD-EX, CBD-RX, and CBD-Max. The first is an ingestible capsule consisting mainly of a combination of cannabidiol and herbal extracts. CBD-RX and CBD-Max are oils composed primarily of CBD and hemp extract. Thirty capsules of CBD-EX retail for $39.99 and CBD-RX and CBD-Max sell for between $75 and $125 per bottle.

Ching advertises all three CBD products as effective cancer treatments. According to the FTC’s complaint, however, Ching does not have the scientific evidence to back up the cancer-treatment claims, and therefore the advertisements are false or deceptive. According to the FTC’s federal district court complaint, since at least December 2018, through Whole Leaf Organics, Ching has advertised and sold Thrive online, with a 50-capsule bottle selling for $36.99.

The federal court complaint states that beginning in or around March 2020 Ching started to market Thrive as an “anti viral wellness booster” that treats, prevents, or reduces the risk of COVID-19. In addition, the FTC alleges that Ching falsely represents that these benefits of Thrive are clinically proven; however, there is no scientific evidence that Thrive or any of its ingredients can treat, prevent, or reduce the risk of COVID-19.

he Commission also has approved the issuance of an administrative complaint containing the same allegations about the health claims Ching made for Thrive and the CBD-based products. In the administrative case, the FTC is seeking an order permanently halting the allegedly deceptive advertising for Thrive, CBD-EX, CBD-RX, and CBD-Max.

The Commission vote authorizing the staff to issue an administrative complaint and seek a temporary restraining order and preliminary injunction was 5-0. The administrative case is scheduled to begin on January 7, 2021.


StaffStaffApril 23, 2020
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4min00

Hemp newcomer Exactus Inc. (EXDI) is undaunted by the market’s challenges and recently said that it is on track for first-quarter gross sales to exceed gross sales of the entire prior 2019 calendar year. A few weeks ago Exactus announced it was developing a partnership with Hemptown USA that will position Exactus for rapid growth through this CBD and CBG partner.

Exactus entered the industry in 2019 before the raw materials price collapsed but that has not altered their course. The company’s hemp is grown specifically for cannabinoid & terpene profiles to serve the food, beverage, cosmetics, pets, and pharmaceutical industries.  In addition to what they’re currently doing, they see tremendous potential for the hemp plant as a whole to service many other industries such as textile and energy.

“While many industries are at a standstill, Exactus continues to move forward in order to keep up with supply and demand. We are seeing an increase of interest in CBD and CBG while people look for natural alternatives to manage the many stressful aspects of life surrounding the virus,” said Bobby Yampolsky, Chairman of Exactus. “Exactus Interim CEO, Emiliano Aloi will further develop the production platforms for both companies, working in the fields with Hemptown to provide immeasurable benefits to both companies.”

The company noted that there are bottlenecks in the supply chain and its goal is to consolidate farms, processing, and finished goods manufacturing together under one umbrella to produce the highest quality cannabinoids more affordable to everyone.

New Executive Team

In 2019 Exactus and its board of directors decided to enter the hemp space and restructure their executive team to include interim CEO Emiliano Aloi who has over 20 years of experience in farming and agriculture.  Aloi was behind the 2016 hemp genetics selection program in partnership with the University of Kentucky during his time at GenCanna. The collaboration started as a consequence of the market needing reliable and compliant genetics sources to help farmers ensure success in growing hemp which at the time was an emerging crop.

The company also brought on President/Chief Growth Officer, Derek Du Chesne after his successful run with EcoGen Laboratories. The addition of strong leadership in the hemp space is paving the way for Exactus as leaders in feminized CBD, CBG, and other specialty cannabinoid genetics. Prior to joining Exactus as Chief Growth Officer, Du Chesne was responsible for over $100 million in revenue at his previous company EcoGen Laboratories. He was also the CEO/Co-Founder of Healing Ventures, a marketing & supply chain firm that helped bring several leading  CBD companies to market.

The hemp industry still in its infancy has had its number of lessons learned, especially in farming, which in general, carries an inherent climate risk and Exactus plans to mitigate most of these risks after many first-time hemp farmers in 2019 reported losing more than 50% of their crop.

 

 


StaffStaffApril 21, 2020
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4min00

Despite a crowded CBD landscape, Kentucky-based Cornbread Hemp has raised its goal of $107,000 in 17 days from 177 investors on the crowdfunding platform Wefunder. Cornbread Hemp said it is taking 250 years of Kentucky hemp farming traditions and crafted it into top-shelf CBD products. By selling a small percentage of their company, Cornbread Hemp will be able to expand its portfolio of Kentucky Proud, USDA certified organic CBD products to customers and retailers nationwide.

“While we have been flattered by the outpouring of support from our friends, family, customers, business associates, and total strangers, we think we know why they’re investing in us,” said Jim Higdon, Cornbread Hemp’s co-founder and chief communications officer. “Our investors seem to understand that Cornbread Hemp has the traction and vision to succeed in the CBD industry for the long term.”

The name “Cornbread” comes from the Cornbread Mafia, an outlaw group that kept Kentucky’s hemp traditions alive through decades of prohibition. Kentucky-grown hemp is now beginning to receive the nationwide respect it deserves, even in fully legal cannabis states. “That’s why we have investors and customers from places like Colorado, California, Oregon, Washington State, and Hawaii,” said Higdon.

Cornbread Hemp’s new investors include Dr. Leslie Mudd, PharmD, a board-certified oncology pharmacist; Gill Holland, a Louisville developer recently featured in the New York Times; and Render Capital. The other 174 investors come from 36 states and five continents. “Cornbread Hemp is a well run, well managed, and well thought out local business,” Dr. Mudd said on Wefunder. “Cornbread Hemp parlays a great ‘historical’ story … into a Kentucky-grown product with unlimited possibilities.”

Cornbread also noted that part of its fundraising success came with the support of Louisville’s entrepreneur community from Mayor Greg Fischer, LEAP Louisville, MetroStart, Louisville Future, and a $20,000 matching investment from Render Capital, through their partnership with Wefunder. “Capital is an essential ingredient in a thriving regional ecosystem and new methods of supporting growth are necessary,” said Marigrace Ragsdale, an associate at Render Capital. “We are excited to help support Cornbread Hemp’s use of this accessible platform that allows the community to participate while allowing flexible funding structures for the entrepreneur.”

It may also help that the company’s products are organic and this is becoming more and more important to consumers in these days of virus pandemics. Cornbread Hemp offers CBD oils that are USDA certified organic. Its organic hemp is planted in soil that has been pesticide-free for at least three years and grown without synthetic fertilizers. “After harvest, our processor extracts the organic hemp using organic sugarcane ethanol and blends it with organic coconut MCT oil in a certified organic facility to make Cornbread Hemp’s finished organic products. To ensure compliance with the high standards of the USDA National Organic Program, a third-party certifier audits the entire supply chain of every ingredient to verify they are free from any contamination and worthy of the USDA organic seal.”

 


StaffStaffApril 15, 2020
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5min00
The hemp advocacy group Vote Hemp said that on Monday April 13th, eight leading hemp trade and advocacy organizations sent a joint letter to Small Business Administration (SBA) administrator Jovita Carranza urging her to ensure that in the face of the COVID-19 pandemic, farmers are eligible for key Small Business Administration (SBA) programs, especially the Economic Injury Disaster Loans (EIDL) program. The letter was sent on behalf of hemp farmers nationwide including more than 17,000 licensed family farmers who grew hemp in 2019.
The eight signatories to the letter are Vote Hemp, U.S. Hemp Roundtable, U.S. Hemp Grower Association, National Industrial Hemp Council, Hemp Industries Association, Midwest Hemp Council, Hemp Feed Coalition and the Nebraska Hemp Industries Association.
According to Vote Hemp, the Hemp Business Journal estimates that sales of hemp products grew to more than $820 million in 2017 and estimates they will grow to $2.6 billion by 2022.
The CARES Act relief bill was passed by Congress on a bi-partisan basis to provide economic support including grants and low interest loans to businesses and individuals affected by the COVID-19 virus. However, much of the funding was distributed to the SBA and farmers historically are not eligible for SBA programs and funding. While some CARES Act funding was allocated to U.S. Department of Agriculture (USDA), there was not indication of when or how that funding might reach farmers and for what purpose it would be provided. Many hemp producers indicated they were struggling without access to loans or support that was going to other businesses. Given the unique nature of this disaster, the coalition felt that it was important that farmers including hemp producers should be able to access the Economic Injury Disaster Loans and other SBA relief programs.
“We are concerned about the economic impact of the COVID-19 virus on farmers and wanted to make sure that hemp producers were not left behind at this critical moment” said Eric Steenstra, President of Vote Hemp. “We urge the SBA and Congress to provide the same relief to hemp farmers that is being offered to other businesses.”
To read the coalition letter to the SBA, regarding hemp farmer inclusion in CARES Act aid, please visit: https://www.votehemp.com/wp-content/uploads/2020/04/VH-letter-to-SBA-Covid-farmers-EIDL-FINAL.pdf

StaffStaffApril 15, 2020
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6min00

Asheville Hemp Project (AHP), an Asheville, NC-based hemp cultivator, is announcing its new product line and in conjunction with that, the company is also announcing that it is donating 50% of online sales to the NC Restaurant Workers Relief Fund.

Leslie Hoffman, co-founder of AHP said, “We are very excited about our new product offerings that are coming onto the market at this time. We are also very concerned about the fate of our community during the pandemic. Much of the economy of the greater Asheville area relies on the hospitality sector, and with all non-essential businesses closed, most restaurant workers are staying home with no idea of when, or if, they will have their jobs again. For that reason, we are contributing 50% of every purchase to the NC Restaurant Workers Relief Fund.”

The NC Restaurant Workers Relief Fund has been established and is managed through the North Carolina Restaurant and Lodging Association Foundation, a 501(c)(3) that has provided financial assistance to hospitality employees and students for more than a decade. The goal of the NC Restaurant Workers Relief fund is to provide immediate financial assistance to the tens of thousands of cooks, servers, dishwashers, housekeepers, and others who live paycheck-to-paycheck, and suddenly find themselves in distress. For more information visit the Fund’s website at https://www.ncrestaurantrelief.com

New Products

AHP is bringing these four new products to market, each designed to fill a niche space in the consumer market.

Pre-Rolls: Grown on the AHP farm – premium hemp flower is consistently rolled in unbleached hemp paper with a unique biodegradable crutch. No need to filter out the reason you smoke. The product brings immediate beneficial effect, and also a great way to ease off tobacco and nicotine. This 10-pack always ensures having a soothing and relaxing smoke on hand. 100mg CBD in each pre-roll provides a smoke on hand at all times. <.3% THC.

AHP ExtractStraight from the AHP farm, this full spectrum hemp extract is in a 1 oz (30ml) tamper-proof bottle with calibrated dropper. The extract is available in 1000 mg and 1500 mg options. The CBD is blended with olive oil to provide a high quality dose of CBD in a pleasing flavor that mixes with food easily. <.3% THC.

Lip BalmAHP’s Organic Hemp Lip Balm is formulated to be ultra-soothing and nutrient rich. Made with certified organic ingredients, such as hemp oil, sunflower oil, and beeswax, the lip balm provides all-natural protection. THC and CBD free.

Gum: AHP gum has been formulated to provide the quickest — and perfectly dosed — release of CBD, with increased bio-availability. The convenient sealed package protects freshness and enables the most discreet way to consume at any time. 8 pieces/pk, 10mg CBD in each piece, and THC free.


StaffStaffMarch 31, 2020
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4min00

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
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11min00

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



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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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