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 … Continued
When it comes to the cannabidiol market, it’s hard to know which brands are for real and which are just blowing smoke. Here are the ABC’S of CBD.
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 … Continued
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 … Continued
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 … Continued
Australia’s largest medicinal cannabis grower, which is backed by finance sector identities Barry Lambert and Chris Cuffe, has decided to stop production here and move to the US where it says the legal framework is much more favourable.
Countplus founder Barry Lambert will step down as chairman of the listed accounting and wealth management firm to become the chairman of hemp company Ecofibre. Mr Lambert said he wanted to focus upon his campaign to legalise medicinal cannabis in Australia.
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, the 8th-generation farmer who grows the hemp, started working on legislation with Congressman Comer. His efforts helped pass Section 7606 of the 2014 Farm Bill. This key piece … Continued
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 … Continued
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 … Continued
Brian Furnish is director of Global Production at Ananda Hemp, based in Kentucky. It’s Time to Consider the Growing Potential of Hemp Hemp, once a legal and thriving crop in the United States, was dealt a heavy blow with the 1937 Marijuana Tax Act. The Act put heavy tax and licensing regulations on both hemp … Continued
The Cannabis Reporter interviewed US Representative, James Comer, and Ananda Hemp President of Global Production, Brian Furnish, in October to discuss healthy gains made by the Hemp Industry since 2014. The interview (full audio below) reviews proposed updates to hemp legislation. Specifically, much of the conversation revolves around H.R.3530, which is deemed as the Industrial … Continued
This morning, Senate Majority Leader Mitch McConnell held a press conference at our hemp facilities in Cynthiana. Senator McConnell was joined by Kentucky Commissioner of Agriculture, Ryan Quarles to speak on their continued support for hemp production in Kentucky. Our CEO, Eric Wang and our Director of Global Production, Brian Furnish led the press conference by … Continued
FRANKFORT, Ky. — Senate Majority Leader Mitch McConnell wants a full pardon for hemp. The Kentucky Republican on Monday previewed legislation seeking to free the plant from its ties to marijuana and let it take root as a legitimate crop. Hemp — marijuana’s non-intoxicating cousin — would be removed from the controlled substances list under … Continued
The most powerful Republican on Capitol Hill just filed a bill to radically change federal laws that currently make cannabis illegal for all purposes. While new legislation introduced by Senate Majority Leader Mitch McConnell (R-KY) would not legalize marijuana for recreational or medical use, it would remove non-psychoactive cannabis varieties known as hemp from the Controlled … Continued
Kentucky is one of the nation’s top hemp producers. Here are some things you should know about it.Jeff Faughender/Louisville Courier Journal To some it seems taboo. But a nationally renowned pain doctor says a four-letter word can ease aches and anxiety without the risk of addiction: H-E-M-P. “It’s gonna be the next big thing,” said Dr. James Patrick Murphy, a former president … Continued
LEXINGTON, Ky. (WKYT) — (7/24/2018) – Federal and state legislation passed in 2014 says hemp can be grown and marketed in states with pilot programs. Four years later, growers in the state are seeing big profits from extracting something found in the plant and turning it into a highly sought offer oil that some claim holds … Continued
HARRISON COUNTY, Ky. (WKYT) – It’s a complicated subject, but today Eric Wang wanted to make sure no question went unanswered. “I call it ground zero for hemp,” Wong told WKYT. He’s talking about a 500-acre hemp farm housed in Harrison County. A farm that’s been years in the making. That’s Brian Furnish he’s director for … Continued
How can you pick the best CBD oil tinctures, when there’s hundreds of products on the market? Thousands of people have learned about the healing benefits of CBD, resulting in unprecedented interest in this supplement. People are using CBD oil to ease their chronic pain, and relieve symptoms of conditions ranging from arthritis to depression. Unlike its close cousin, psychoactive cannabis (‘marijuana’), … Continued
CYNTHIANA, Ky. — Ananda Hemp, the first facility in the United States to process industrial hemp, opened its doors for an inside perspective on Sept. 28. The tour included a look at its harvesting practices as well as its oil lab and the future of the company. Created in 2014 by Australian Barry Lambert and … Continued
Bill would legalize production of industrial and research hemp in the U.S. Ananda Hemp, the first U.S.-licensed hemp producer, has advocated for legalization since 2013 CYNTHIANA, Ky., July 28, 2017 (GLOBE NEWSWIRE) — Ananda Hemp, a manufacturer of legal, non-psychoactive hemp extract, today announced its endorsement of the Industrial Hemp Farming Act of 2017, which … Continued
Tobacco farming is falling along with the decline in cigarette sales, but farmers in Kentucky are working for survival by switching their crops to hemp. It certainly isn’t an easy switch with the Drug Enforcement Agency fighting the farmers over the legality of growing hemp. The confusion over growing hemp stems from the regulations in … Continued
Australia’s largest medicinal cannabis grower, which is backed by finance sector identities Barry Lambert and Chris Cuffe, has decided to stop production here and move to the US where it says the legal framework is much more favourable. Ecofibre recently completed a $12 million capital raising with cash from Mr Lambert and Mr Cuffe. But … Continued
Jefferson Receives $3 Million from Australian Philanthropist to Support Research in Medicinal Cannabis and HempAugust 7, 2018
Landmark Gift will Rename the Existing Center for Medical Cannabis Education and Research (CMCER) PHILADELPHIA – The Institute of Emerging Health Professions at Thomas Jefferson University has received a $3 million gift from Australian philanthropists, Barry and Joy Lambert, to support its Center for Medical Cannabis Education and Research. In recognition of this commitment, the … Continued
After learning the benefits CBD has on those suffering from Dravet’s Syndrome, Australian millionaire Barry Lambert invested over $20 million into cannabis research at the University of Sydney. Continuing his donations to fund the research, Lambert donated $3 million more to Thomas Jefferson University (TJU) in the United States. This research allowed TJU to begin … Continued
Citing Australia’s onerous security requirements for growing medical cannabis, prominent Australian industrial hemp grower Ecofibre announced it will move its medical cannabis capabilities from Australia to the United States. The company, backed by Australian millionaire Barry Lambert, has been producing industrial hemp for more than 15 years for use in medical research, fiber, and food products. Despite … Continued
Imagine you’ve lived a full life, had a very successful career, and are just beginning to relax and spend time with your grandchildren. But one of those grandchildren is sick. She has Dravet Syndrome, a rare and difficult to treat form of epilepsy. What would you do? If you were Barry and Joy Lambert, you … Continued
Sydney University scientists will be given more than $30 million to research the medical applications of cannabis, the largest research donation in the university’s history. The $33.7 million donation, from Barry and Joy Lambert, is among the largest research donations to any university in Australian history. The Lambert Initiative will bring together three of the … Continued
CYNTHIANA, Ky. — Ananda Professional, a wholly owned subsidiary of Ecofibre, recently announced the launch of a Cannabidiol (CBD) oil product line that’s available exclusively in U.S. independent pharmacies. The line includes for oral use, a 300ml and 600ml tincture and a 30 and 60 count, 15ml soft gel, as well as a 125mg salve … Continued
Ecofibre, the industrial hemp company chaired by Rich Lister Barry Lambert, plans to list on the ASX later this year. It is in the final stages of a pre-IPO raising, with funds slated to expand its business, including the development of its high-tech fibre textile, Hemp Black.