Newsletter
Newsletter – June 2, 2021
Franny’s Farmacy Expands Retail Franchise Operations
By Heather Collins
Franny Tacy, the CEO, and Founder of Franny’s Farmacy, a retail hemp and CBD dispensary, isn’t afraid to get her hands dirty, especially when she’s on her farm in North Carolina. Inspired by her passion for regenerative agriculture, Franny quit her corporate sales & marketing career in pharmaceuticals in 2016 to grow hemp for food and fiber. Without knowing it, she became the first female hemp farmer in North Carolina in more than 75 years.
Today, Franny manages the vertically integrated companies under the Franny’s Farmacy corporate ‘hemp-ire’ umbrella, which includes the farm, production facilities, retail stores and dispensaries, plus other business aspects. The company focuses directly on the production of hemp from seed to shelf and believes in cutting out the middleman, which provides cost savings to customers at the retail level.
Hempitecture, Inc. Raises $1 Million in Two Days through Investor Crowdfunding Campaign
By Jean Lotus
Ketchum, ID-based Hempitecture, Inc., a pioneering U.S. company in hemp building materials, raised almost $1 million in the first two days through an online regulation crowdfunding investment campaign this week.
The company is seeking $2.5 million to build a manufacturing facility in Idaho’s Magic Valley to make their HempWool product, a hemp fiber insulation batt. Both accredited and non-accredited investors can support the company with investments starting at $100.
Hemp News Spotlight
Lessons from FTC’s Crackdown on CBD Marketing Claims
By Asa Waldstein
Pot Producers Are Pushing to Clamp Down on Delta-8 THC
By Bloomberg
Federal Judge Dismisses Lawsuit Over Hemp Seized in Marijuana Raid; Hemp Company Will Be Allowed to Refile the Case
By Capital Press
Organic Products Sales Jump 12.4% in 2020 to Record High $60 Billion, Doubling Previous Year’s Growth
By Supermarket News
How Hemp Can Help Moderate the Climate Crisis
By The Good Men Project
HempFusion Acquires Topicals Maker Sagely Naturals for $25 Million
By New Cannabis Ventures
Hemp Among Plant-based Options Disrupting the Dairy Category
By Progressive Grocer
Portland’s First Hemp Bar Is Now Open
By Willamette Week
Social Connections Keenly Influence CBD Consumers’ Behavior
By New Frontier Data
Cannabinoids Featured among Three Top Ingredients to Fight Inflammation
By New Hope Network
Progressive Grocer Magazine Highlights Current CBD Trends
By Progressive Grocer
Responsibly Organic Introduces Storage Packets Made from Hemp to Keep Fruit and Produce Fresh
By Responsibly Organic
Exploding Lumber Prices May Be Good News for Hemp
By Green Entrepreneur
Legal Tips for Cannabis & Hemp Businesses in Dealing with Real Estate and Title Companies
By Mondaq
Montana Law Now Allows for Hemp in Animal Feed , with Limitations
By The Intelligencer
Texas Law Enforcement Keeps Confiscating Legal Hemp Products
By The Dallas Observer
Canadian CBD Company Targets U.K., Costa Rica with New Drink Product
By HempToday
Irish College Students Win National Award for Project on Hemp as a Sustainable Crop; Say Ireland Should Create a ‘Hempire’
By The Irish Examiner
Australian Hemp-based Skincare Company Hey Bud Raised $2 Million to Fuel Brick-and-Mortar Growth
By SmartCompany
U.K.-based Love Hemp Secures $3.3 Million in Fundraising Round Backed by Retail and Institutional Investors
By The Evening Standard
EVENTS
TX Cannabis Collective Initial Meeting, June 3, 2021, Dallas, TX
Hemp Happy Hour Virtual Event, Hosted by Cannabiziac, June 9, 2021,
USA CBD Expo, Atlanta, GA, June 11-13 2021
Hemp Home Expo 2021, Virtual, June 19, 2021
Southern Hemp Expo, Raleigh Convention Center, Raleigh, NC, September 2-4, 2021
Natural Products Expo East, Philadelphia, PA, Sept. 22-25, 2021
Add your event to Hemp Events, a free listing service for legitimate hemp industry events. Visit www.HempEvents.org.
TAKE ACTION
Support H.R. 841, The Hemp and Hemp-Derived CBD Consumer Protection and Market Stabilization Act
In September 2020, U.S. Reps. Kurt Schrader (D-OR) and Morgan Griffith (R-VA) introduced the Hemp and Hemp-Derived CBD Consumer Protection and Market Stabilization Act – a bill which would provide a clear legal pathway for the sale of hemp extracts like CBD, while ensuring that products must comply with the rigorous regulatory framework existing for dietary supplements. The bill garnered broad bi-partisan support. On Feb. 7, 2021, Reps. Schrader and Griffith and 17 of their colleagues reintroduced the bill as H.R. 841. Support passage of the bill here.
Urge Your Members of Congress to Support Our Troops’ Access to CBD
On July 20, 2020, the U.S. House of Representatives approved an amendment to the National Defense Authorization Act (NDAA) to allow service members to use products containing hemp, including CBD. Unfortunately, the amendment was not included in the Senate’s version of the NDAA, which passed on July 23, and was not included in the final bill. However, as a new Congress meets this year, they are hoping for another hearing. Learn more.
The 2018 Farm Bill authorized hemp production but used an outdated definition of hemp that does not work for farmers or the hemp industry. The current definition limiting hemp to 0.3% THC has proven unworkable, forcing many farmers to destroy their crops. Congress must change the definition of hemp to allow up to 1% THC (tetrahydrocannabinol) so that farmers can grow hemp without fearing that they will later have to destroy them. Add your name to the Vote Hemp petition urging Congress to redefine hemp as up to 1% THC.
Fix, Marry or Kill? Hemp Needs Your Help in HI, MA, MN and MO
The U.S. Hemp Roundtable has identified bills that need the hemp industry’s attention in key states including Hawaii, Massachusetts, Minnesota and Missouri. Click here to learn more and take action.
Let’s Bring Industrial Hemp to Farm Aid
In 1985, Willie Nelson, Neil Young and John Mellencamp decided to put on a concert for America’s family farmers who were in dire need of assistance. They raised over $7 million in that first year and Farm Aid have been helping to support America’s family farmers ever since. We’re asking you to join us in asking Farm Aid to make industrial hemp a focus of this year’s event and into the future. Sign the petition here.
Urge Support for AB 45 and SB 235 in California
AB 45 and SB 235 are the California state Assembly and Senate versions of a bill that would allow the distribution and sale of hemp-derived CBD as a food, beverage, and dietary supplement, and make clear that a product is not adulterated or misbranded due to the inclusion of hemp. These are high-priority bills that have been near passage in California since 2019. If signed into law, AB 45 and SB 235 will open an important retail market for CBD consumers. Take action here.
Support S. 1698, The Hemp Access and Consumer Safety Act
S. 1698, The Hemp Access and Consumer Safety Act, which would establish a legal and regulatory pathway for the sale of hemp-derived extract products such as CBD as dietary supplements and food and beverage additives., needs your support. We applaud Senators Ron Wyden (D-OR), Rand Paul (R-KY) and Jeff Merkley (D-OR) for sponsoring this bill ,which will help stabilize hemp markets, open a promising economic opportunity for U.S. farmers, and protect consumers by requiring hemp extract product manufacturers to comply with the entire existing comprehensive regulatory framework for ingestible products. Urge your Senators to support S. 1698 – visit this form letter at hempsupporter.com.
Subscribe to the Let’s Talk Hemp YouTube Channel
#LetsTalkHemp is the ultimate platform that focuses on “Changing the Cannabis Conversation”. We provide news, education, and information about Hemp and Cannabis to our viewers so that they can learn more about the industry and get tips and tricks on the latest technologies. Subscribe to our channel and learn about everything from legal updates, farming, production, and new products entering the Hemp & Cannabis space.
Let’s Talk Hemp Podcast – Season 4, Episode 8
Available On May 13, 2021
D8, Delta 8, Delta 8 THC is popping up everywhere. It showed up in force at NoCo Hemp Expo a little over a month ago and seems to be the hottest thing in hemp currently. But does it belong under the hemp umbrella? Does Delta 8 get you high? Should Delta 8 be regulated like CBD and other non-intoxicating cannabinoids that have become popular consumer health supplements? Hemp-derived CBD supplements that, by the way, still need a clear regulatory pathway defined by the FDA. Or should Delta 8 be regulated alongside Delta 9 THC, in the adult use system, or maybe in some other manner? These questions and more will be discussed with this week’s guest Marielle Weintraub, president of the US Hemp Authority, the hemp industry’s self-regulating organization that provides certification for high standards.
Have You Joined Leafwire Yet?
If you’re not a member of Leafwire yet, you should definitely check out the largest business network in the cannabis industry, with more than 40,000 members. Members include growers, budtenders, accountants, lawyers, CBD companies, equipment manufacturers, investors and more. Leafwire is for anyone who works in the cannabis industry, and also features a job board with 1,100 open cannabis and hemp jobs. Leafwire is designed to be a LinkedIn-style business network where the cannabis Industry can share news, promote events, find new jobs, find investors and simply network with their peers. Leafwire is 100% dedicated to the Cannabis and Hemp industries and the perfect place to post and share information about your company, new product launches or other related news. We’ll see you on Leafwire!
About Let’s Talk Hemp
Let’s Talk Hemp is a publication of Colorado Hemp Company (a division of We Are For Better Alternatives) focused specifically on the subject of industrial hemp and cannabis. We present features and curate news from across the globe to share the benefits of cannabis on health, energy, manufacturing and planet (H.E.M.P.). Colorado Hemp Company also is the Producer of NoCo Hemp Expo and Southern Hemp Expo, the nation’s leading hemp conferences and expositions.
Publisher: Morris Beegle, Elizabeth Knight
Editor: Steven Hoffman
Web Developer: Debby West
Design: Ben Wright
Circulation: Evan Tompros
Contributor: Heather Collins, Jean Lotus
Financial Officer: Lori Buderus
Let’s Talk Hemp Podcast: Morris Beegle
Send Us Your Hemp News!
Send press releases and news announcements to news@letstalkhemp.com
View the Complete Let’s Talk Hemp Content Library!
You can access all past issues of Let’s Talk Hemp in our Archives at LetsTalkHemp.com
