Industrial Hemp News | MJ Shareholders

GW Pharmaceuticals CBD drug gets regulatory OK in Australia

Industrial Hemp News International News Marijuana Laws, Regulations, & Politics September 25, 2020 0

(A version of this story first appeared at Marijuana Business Daily.) GW Pharmaceuticals’ plant-derived CBD drug Epidyolex received approval from Australia’s Therapeutic Goods Administration (TGA) to be used in treating seizures related to Lennox-Gastaut syndrome and Dravet syndrome for patients 2 and older. The approval is the third major... Read more

Oregon’s top 20 agricultural commodities list doesn’t include hemp – yet

Industrial Hemp News Marijuana Laws, Regulations, & Politics September 25, 2020 0

Oregon agriculture officials recently released the state’s top 20 commodities list – but despite earlier assertions that hemp will become a top crop, it isn’t even on the list yet. The Oregon Department of Agriculture announced its top 20 agricultural commodities this week, noting that cannabis crops including hemp... Read more

Extreme weather patterns force growers to rethink cultivation strategies

Featured Industrial Hemp News Marijuana Laws, Regulations, & Politics September 25, 2020 0

(A version of this story appeared on Marijuana Business Daily.) As extreme weather events ravage the country from coast to coast – including wildfires, floods and early freezes – hemp and marijuana growers are being forced to reevaluate their risks and consider changes to their cultivation practices. Outdoor growers,... Read more

California pharma company wraps up purchase of CBD beauty, pet brand

Industrial Hemp News Marijuana Laws, Regulations, & Politics September 24, 2020 0

A drug delivery and development company in California said Thursday it has wrapped an agreement to acquire a CBD beauty, wellness and pet product maker for $20 million. CURE Pharmaceutical completed its purchase of Sera Labs for $19 million in CURE stock and $1 million in cash, with an... Read more

Exclusive: Tobacco consumers more likely to convert to smokable hemp in coming year

Featured Industrial Hemp News Marijuana Laws, Regulations, & Politics September 24, 2020 0

Entrepreneurs in the smokable hemp sector have reason to hope that tobacco consumers may convert at least partially to hemp products within the next year. That’s because 29% of cigarette and cigar users have indicated they are willing to try these products, according to research by Nielsen Global Connect,... Read more

Papa & Barkley inks national distribution deals for CBD topicals, tinctures

Industrial Hemp News Marijuana Laws, Regulations, & Politics September 24, 2020 0

California CBD maker Papa & Barkley has expanded distribution from 20 states to 48 states thanks to new distribution deals with retailers including wellness retailer The Vitamin Shoppe. Papa & Barkley, based in Eureka, California, says the deals take its CBD retail presence from 462 retail locations to 1,034... Read more

Oregon hempseed breeder accused of stealing strain, selling it for $3.8 million

Industrial Hemp News Marijuana Laws, Regulations, & Politics September 23, 2020 0

A hempseed breeder who developed a high-CBD variety is accused of wrongly selling the propietary strain to Canadian cannabis giant Canopy Growth for $3.8 million. A lawsuit filed this week in Oregon accuses Paul Smith, CEO and chief genetics officer for the former company Your Custom Genetics Holdings LLC,... Read more

UK food regulators reject CBD as narcotic, stand by novel food deadline

Featured Industrial Hemp News International News Marijuana Laws, Regulations, & Politics September 23, 2020 0

Great Britain has rejected the European Commission’s preliminary stance that hemp flower-derived CBD should be regulated as a narcotic, a key food safety regulator in the United Kingdom says. Paul Tossel, who leads the Novel Foods authorities at London’s Food Standards Agency, said Tuesday that although British authorities continue... Read more

Veritas Farms seeking up to $6 million in stock offering

Industrial Hemp News Marijuana Laws, Regulations, & Politics September 23, 2020 0

Florida CBD maker Veritas Farms is looking to raise up to $6 million to boost marketing and to expand a production and distribution facility in Colorado. The Fort Lauderdale company announced Wednesday that it will offer 8 million shares at 50 cents each to raise $4 million. The action... Read more

FDA to explore gender differences in effects of CBD, other cannabinoids

Industrial Hemp News Marijuana Laws, Regulations, & Politics September 23, 2020 0

Federal health authorities want to discuss gender differences in the effects of CBD and other cannabinoids. The U.S. Food and Drug Administration’s Office of Women’s Health announced a Nov. 19 “multidisciplinary scientific conference” for medical professionals and members of the public to talk about how genders might be affected... Read more