Governments around the Globe Wrestle with Cannabis Policy

Governments around the Globe Wrestle with Cannabis Policy

The US isn’t the only country wrestling with the regulation of hemp after so many decades of prohibition.  Global institutions – and certainly most governments – developed amongst the backdrop of an international drug war.  Like ocean going vessels, ships of state do not turn easily.  Likewise, the ability to pivot and move the wheels of government to make wholesale changes across various tranches of regulatory oversight is limited. 

Recent Hemp Bulletin commentary on California’s development of AB45 to regulate CBD and other hemp derived products illustrates the complexity of introducing hemp into California agriculture and markets.  California may be the poster child of a messy transition due to the long-established MJ industry there.  Select counties and towns in California have made their own hemp regulations, and outright banned its cultivation, or effectively did so, with a slate of onerous regulations.

 Over 5000…

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05.16.2024

Animal fat prices steady on limited volume traded

Animal fat prices steady on limited volume traded

Fastmarkets price assessment for edible tallow, fob Chicago was $52.00 cents per lb on 14 railcars, steady from $52.00 cent per lb on Wednesday May 15.

On Thursday,...

05.16.2024

Grain consuming animal units forecast lower for 2023/24, 2024/’25

Grain consuming animal units forecast lower for 2023/24, 2024/’25

Animal protein prices were steady on Thursday May 16.

Market sources reported an uptick in interest, but the upcoming Memorial Day holiday, lower prices for distiller dried grains...

05.16.2024

International animal fats and oils, May 16 2024

International animal fats and oils, May 16 2024

Market sources also reported that UCO traded at €1,065 per tonne on a DDP France basis, while deals for imported UCO were heard at $975 per tonne CIF Rotterdam,...

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