There are plenty of reports and testimonials on the medical benefits of cannabis. Time, and better data, will determine whether these benefits are realized, and whether some are overblown, and the U.S. FDA will decide when the therapeutic uses of cannabinoids are safe and effective, and approvable for human use... Read more
Farmers feeling the effects of an oversupply of hemp for CBD are looking to minor cannabinoid production as another option to make the kind of profit margins they thought they would see from entering the hemp space. More hemp plant breeders are offering genetics for CBG production in 2020,... Read more
Ryan Allway February 11th, 2020 App, News, Top News Corporate positions decreased by approximately 33% and operational positions decreased by approximately 13% Total number of positions decreased by approximately 15% across the Company New structure focuses the business on accelerating revenue growth in the Canadian market TORONTO, February 11,... Read more
To help newer CBD users navigate the booming CBD market, we have taken an in-depth look at each of the different factors that are important to keep in mind when it comes to making a CBD product purchase.
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Spot Market Updates: Biomass: Spot biomass prices have continued to trade lower on a month over month basis, recently transacting between $0.50 to $0.90 per point. This doesn’t fully reflect the oversupply since, as we’ve discussed, many market stakeholders have pushed the issue farther down the supply chain through tolling... Read more
Mile High Labs, one of Colorado’s leading CBD producers, laid off employees this week, just months after undergoing a major expansion. According to chief financial officer Jon Hilley, the company cut 20 positions — less than 10% of its workforce — on Thursday. They primarily were those in entry-level... Read more