CBD giant CV Sciences posted $10.2 million in profit last year, a big improvement from 2017, when the company lost roughly $4.9 million, according to the firm’s year-end fiscal report. The San Diego company, which produces Plus CBD Oil products, cited distribution growth in natural-product retail locations for its improved... Read more
The CBD Takeover of Marijuana Stocks in Full Effect CBD has become one of the hottest commodities in the whole of the marijuana stock market over the past few months. Much of this is of course due to the shifting legislation in the U.S. regarding the Farm Bill. Click here for full article. Marijuana Growers […]
Next Green Wave Holdings Inc. (NGW) (NXGWF) Acquires for $27 Million 100% of California-Based Consumer Products Goods and Extraction Leader, SD Cannabis Next Green Wave Holdings Inc. (CSE: NGW) (OTCQB: NXGWF), is pleased to announce that it, together with its US subsidiary Crossgate Capital US Holdings Corp. have signed a definitive agreement dated March 11, […]
The CEO of a beverage company recently acquired by PepsiCo is placing his bet on marijuana, joining the board of directors of and making a significant personal investment in an agriculture business working in cannabis production. Daniel Birnbaum, CEO of at-home carbonated drink maker SodaStream – which PepsiCo acquired last year... Read more
By Ian Stewart & Neil Willner The Commissioner of the Food and Drug Administration (FDA), Scott Gottlieb MD, who has received high marks for his leadership of the agency since May 2017, announced his resignation on March 5, 2019, stating that he wants to spend more time with his family.... Read more
Hemp and CBD industry leaders expressed mixed reactions to this week’s resignation of U.S. Food and Drug Administration (FDA) Commissioner Dr. Scott Gottlieb. Gottlieb’s resignation came just as the industry was hoping the FDA would start work on developing a framework for how cannabidiol could be regulated for inclusion... Read more
Mile High Labs, a CBD extraction company in Loveland, Colorado, is suing a Rhode Island firm for stealing its extraction technology to secure investment from a tobacco company investing in hemp. Mile High says in its copyright-infringement lawsuit filed Tuesday that privately held CBD extractor Canadian American Standard Hemp (CASH)... Read more
CV Sciences, a San Diego CBD manufacturer, has lured a former dietary supplement executive to oversee its research and regulatory compliance. Douglas MacKay will oversee hemp-based CBD product development as Senior Vice President of Scientific and Regulatory Affairs. MacKay was formerly a vice president with the Council for Responsible... Read more
The initial genetics will include about 25,000 seeds the will be used to propagate several test plots on the joint venture farm between Green Leaf Farms and Cannava. This first batch of genetics expect to be shipped within a week, followed by the initial Green leaf farms cultivation team... Read more
Hemp growers and manufacturers see a big hole in a new federal promise guaranteeing interstate hemp commerce – product testing. The 2018 Farm Bill promised protection for hemp transportation but left states with no uniform way to test THC content. So, cannabis plants that may go on a truck as legal... Read more