This Plant Product Is Growing Prolific Profits at Independent Pharmacies

Have you heard of independent pharmacy’s latest cash cow? Or more appropriately, cash crop? Cannabidiol (CBD), a non-psychoactive compound of cannabis, is growing profits at a prolific pace among retailers across the country. The natural product purports a bevy of therapeutic benefits without the requirement of a prescription or the risk of addiction. And consumers […]

DEA Plans to Quintuple Amount of Cannabis Grown for Research

The U.S. Department of Justice and the U.S. Drug Enforcement Administration (DEA) have proposed to significantly increase the amount of cannabis that can legally grow in the U.S. for research purposes and reduce the number of opioids that are manufactured in the nation in 2019. The 2019 Aggregate Production Quota for Schedule I and II […]

Jefferson Gets $3M for Cannabis Research

Australian philanthropists Barry and Joy Lambert gave the donation to Jefferson’s medical cannabis research center. Jefferson University announced today it had received a $3 million donation from Australian philanthropists Barry and Joy Lambert to fund medical research into cannabis. As a result, the school is renaming its cannabis research center the Lambert Center for the […]

Why millionaire Barry Lambert invested $34 million in medicinal cannabis

Barry Lambert is gazing out the picture window of his Sydney home at a multimillion-dollar beach view. Around him his grandchildren fiddle on their phones while his wife Joy sips tea. Lambert drinks a cappuccino he’s just bought at the local café. It’s a charming family scene – except for one thing. At the table […]

WKYT TV IN LEXINGTON, KY SPOTLIGHTS ANANDA HEMP

Cynthiana, Kentucky is ground zero for hemp. This 500-acre hemp farm in Harrison County is a farm that’s been years in the making. In 2013, Brian Furnish, an 8th-generation farmer,  started working on legislation with Congressman Comer. His efforts helped pass Section 7606 of the 2014 Farm Bill. This key piece of legislation defined hemp […]

COULD INDUSTRIAL HEMP BE THE NEXT HEIR TO THE THRONE?

  The coal industry once formed the backbone of West Virginia’s economy, but with a painful decline in coal production, King Coal’s reign is coming to an end. According to Newsweek, West Virginia has some of the highest poverty and unemployment rates in the nation. For the first time ever, CNBC ranked the Mountain State as the worst […]

Hemp Farming Act 2018

Today is a promising day for the future of hemp. This morning Senate Leader Mitch McConnell (R-KY) took the Senate floor to introduce the Hemp Farming Act of 2018. This bill would permanently legalize hemp, removing it from the Controlled Substances Act, and establish it as an agricultural commodity. He was joined by Senator Ron […]