A New Study Finds CBD May Help Combat the Onset of Alzheimer’s

CBD already has a well-earned reputation as a natural wellness therapeutic that can help ease anxiety and combat pain. But recently published research has shown CBD has real potential as a therapy for one of the biggest health issues impacting the country: Alzheimer’s disease.

A study published in the Journal of Alzheimer’s Disease associated CBD with changes in brain chemistry that restore function of two proteins. Both proteins help the brain battle buildup of plaque that is associated with the onset of cognitive decline and dementia, including Alzheimer’s disease. Read more …

U.S. Hemp Fiber Processor BastCore Raises $2.8 Million

Industrial hemp fiber processing, manufacturing and technology company BastCore recently announced it has received $2.8 million in funding for its first significant round of venture capital financing.

BastCore specializes in buying hemp stalks and processing them into fiber products, according to a press release. The company says on its website that it produces textile-grade fiber, composite-grade bast fiber, chipped core wood and micronized core wood. Read more …

Hemp Bricks an Immediate Solution to the Native American Permanent Housing Crisis

There are many problems facing Native American Tribes in the United States, healthcare, employment, food security, education, and very importantly permanent housing.  

Despite being the longest tenants of the land, they are often left out of participation in the same credit economy as folks not on tribal land due to something called Sovereign Immunity. Read more …

Idaho Gov. Signs Bill Making Hemp Legal in All 50 States

BOISE, Idaho (AP) — Idaho Gov. Brad Little has signed into law a bill legalizing the production and transportation of hemp with up to 0.3% of THC, the cannabis compound that gives marijuana its high.

The Republican governor signed the bill Friday, making Idaho the last state to do so. However, the new law does not allow selling to Idaho consumers hemp products containing any amount of THC. Read more …

$500k Down Payment to Re-establish U.S. Hemp Seed Bank

The Agriculture Research Service (ARS) of the U.S. Department of Agriculture (USDA) has received $500,000 in initial federal funding to create the nation’s only industrial hemp seed bank at Cornell AgriTech, a part of New York’s Cornell University system that researches food and agriculture.

The germplasm repository will enable researchers to identify pest-resistant and disease-resistant genes, and the chance to breed new hemp varieties, said Larry Smart, a horticulture professor in Cornell’s School of Integrative Plant Science. Read more …

The SAFE Banking Act Passes House Overwhelmingly: Onto the Senate!

The SAFE Banking Act, celebrated for offering banking and financial service access to marijuana-based businesses, was amended in 2019 to specifically assist hemp farmers and CBD companies with banking and merchant services. Later that year, the bill passed the U.S. House by an overwhelming margin, 321 to 103, but unfortunately never was heard by the U.S. Senate.

Prospects for the bill appear brighter this year with the change in control of the Senate. And the bill itself is much improved to explicitly protect financial and credit card transactions for hemp farmers and processors, as well as businesses engaged in the handling, manufacturing and sale of hemp-derived cannabinoid products such as CBD. Meanwhile, the bill makes clear that hemp businesses are not subject to the additional scrutiny required for adult-use cannabis commerce. Real the full bill here – (hemp provisions are found on pp. 15-19).

Contact your Senator today!

USDA Approves Nez Perce Tribe Hemp Regulatory Code

LAPWAI — Improving economic development on the Nez Perce Tribal Reservation through industrial hemp production moved a step closer last month.

On Feb. 12, the U.S. Department of Agriculture (USDA) approved the Nez Perce Tribe’s Hemp Regulatory Code, which will provide a regulatory framework for safe and legal production of industrial hemp within tribal jurisdiction. Read more …