Lucky Strike’s parent company now selling CBD vapes
British American Tobacco is selling flavored CBD vapes in the United Kingdom as it eyes new products beyond tobacco and nicotine. But the parent company of Lucky Strike says it is not ready to enter the THC market yet. The company’s Chief Marketing Officer, Kingsley Wheaton, told CNBC this... Read more
Choosing the best location for your retail CBD business
(A version of this story appears in the February issue of Marijuana Business Magazine.) From mom-and-pop shops to corporate chains, everyone in the retail business knows that a carefully chosen location is key to success. The cannabis industry is no exception. Although regulatory requirements, license availability and market demand... Read more
NFL requesting research on CBD for pain management
The National Football League and its players’ union have requested industry research on CBD and other cannabinoids for pain management. The NFL says it is looking for information about “alternatives to opioids in routine pain management.” The request mentions CBD but is open to research on other cannabinoids. The... Read more
Judge: CBD company did not mislead investors
U.S. District Court for the Eastern District of New York Crediting the CBD company’s forthrightness, a federal judge in New York has dismissed a lawsuit against Curaleaf from investors who argued the company misled them about legality of its CBD products. The investors sued when Massachusetts-based Curaleaf’s share price... Read more
Canadian hemp, marijuana producer Tilray reports $271 million loss for year
Canadian hemp and marijuana producer Tilray cut its annual loss to $271 million for 2020 — an improvement from the Nanaimo, British Columbia company’s $321 million loss in 2019, according to the full-year and fourth-quarter results released Wednesday. Tilray, which is on the verge of being merged with Canadian... Read more
California hemp producer sues Santa Cruz County for incorrect hemp sampling, leading to crop loss
Sungrown Organic Hemp, a hemp producer in California, says the county owes it $9.6 million for incorrectly sampling its 2019 hemp crop, which led to a false determination that the crop was marijuana. The Watsonville farm filed the lawsuit on Tuesday in county court, claiming that the Santa Cruz... Read more
Elixinol executive joins US Hemp Authority board
An executive from international CBD brand Elixinol has been appointed to the board of directors at the U.S. Hemp Authority — one of the industry’s self-regulatory bodies. “From the start, Elixinol has gone above and beyond when it comes to product efficacy and transparency,” Elixinol CEO for the Americas... Read more
H&M-owned clothing company debuts hemp denim
A denim maker owned by the H&M Group has debuted a line of hemp denim dyed with avocados and red onions. Weekday, a sustainable fashion brand based in Sweden, highlighted its first items made from hemp textiles at Stockholm Fashion Week last week, Sourcing Journal reported. The garments are... Read more
Autoflower hemp will rule emerging CBD global powerhouse regions of Southeast Asia and Latin America
LONGMONT, COLO, February 17, 2021 — Hemp seed breeder Trilogene Seeds releases three new autoflower hemp varietals for 2021 seed sales, a bid to meet the needs of hemp growers in regions like Thailand and Latin America predicted to dominate the future of global CBD hemp production. After 80... Read more
8 things to consider when selecting seed-propagated hemp genetics for field planting
Hemp farmers have a number of choices and sources for the varieties they will plant in 2021. But if they’re electing to use seed-propagated varieties, there are several criteria that growers should consider in selecting genetics. Jeremy Klettke, founder, CEO and head plant breeder at Davis Farms of Oregon... Read more
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