Texas latest state to remove hemp from controlled substance list

According to an article online published Monday, April 7 by The Dallas Morning News: "Texas is eliminating hemp from its list of controlled substances, bringing it in line with federal law …”

The article goes on to state: "Last year, U.S. Congress legalized hemp that contains less than 0.3% of THC. It also loosened the regulations for businesses and customers to carry hemp across state lines and for farmers to cultivate it as a crop.”

Photograph by James McNab

Photograph by James McNab

This was not the only hemp-related news of note that caught our eye.

Late last week, the website Hemp Industry Daily reported that: "The Walgreens pharmacy chain will sell CBD-infused creams, sprays and transdermal patches in 1,500 stores across nine states, but the company declined to identify the brands it plans to carry, CNBC reported.

The move comes hot on the heels of an announcement last week that rival pharmacy chain CVS had kicked off sales in eight states of hemp-derived CBD creams, sprays and salves."

The article continues:

'“All large retailers are figuring out their hemp strategy and will address that in 2019 because there is such a huge product demand,”'  Curaleaf CEO Joseph Lusardi said.” 

According to the CNBC article cited in the Hemp Industry Daily story, Vermont is one of nine states where Walgreens will sell CBD products.

In news closer to home, Colomont announced a public information seminar on April 20 from 1-5 p.m. at The Abbey Restaurant & Pub in Sheldon.

The event, entitled Grow Hemp with Colomont is free to attend and you can register at events@colomont.com

Attendees can learn about growing hemp, the processes for harvesting the crop and the laws and regulations for growing this lucrative crop.

There will be guest speakers, plenty of time for questions and answers and a mixer from 4-5 p.m.

For more information, email info@colomont.com

Sources:

https://www.detroitnews.com/story/news/nation/2019/04/01/texas-remove-hemp-controlled-substance-list/39285031/
https://hempindustrydaily.com/walgreens-hemp-derived-cbd-products-growing-list-mainstream-retailers/

https://www.cnbc.com/2019/03/27/walgreens-to-sell-cbd-products-in-some-stores.html

Colomont Inc.Comment