THC distililate oil is displayed at PharmaCann Polska’s EU-GMP certified subsidiary, known as NYSK, in North Macedonia. – Photo courtesy PharmaCann This story originally appeared at Marijuana Business Daily. A new study shows consumers are unable to identify cannabinoid levels in products they use. Further, 20% to 50% don’t... Read more
The U.S. Federal Trade Commission announced its first crackdown on deceptive claims in the CBD market Thursday, issuing fines and sanctions to six manufacturers accused of misleading consumers about the health benefits of the cannabis extract. The FTC, an independent government agency charged with consumer protection, says the six... Read more
Aphria and Tilray, two Canadian giants in cannabis, have agreed to combine operations and form an international behemoth with combined equity value of approximately 5 billion Canadian dollars ($3.9 billion). The merged entity includes Manitoba Harvest, a Winnipeg maker of hemp food products that was acquired last year by... Read more
Hemp is another step closer to being recognized as a mainstream agricultural commodity with new pricing data being added to the Chicago Mercantile Exchange. The CME Group, a diverse derivatives marketplace that enables clients to trade futures, options, cash and over-the-counter markets including agricultural products, energy and metals, announced... Read more
A bill to triple the THC limit for hemp grown in the United States has been introduced by Kentucky Sen. Rand Paul. The Republican’s proposal to raise the THC dividing line between hemp and marijuana from 0.3% THC to 1% THC stands little chance of success in the abbreviated... Read more
Hemp businesses won’t benefit directly from the $150 million raised by a special-purpose acquisition company that was initially established in hopes of investing in and further developing the U.S. hemp market. But a deal was made in the spirit of aligning the industry with large manufacturers in the future,... Read more
Regulators in Australia have amended the country’s drug law and removed a prescription requirement for some CBD products, paving the way for greater consumer access but saddling CBD makers with efficacy requirements that threaten to create barriers to market entry. The Therapeutic Goods Administration (TGA) said Tuesday it was... Read more
Wisconsin’s humidity and long winters make it a tough place to cultivate hemp, but the state’s recent history shows the plant can still grow in abundance. Decades of cannabis prohibition, however, means farmers are having to relearn how to grow the crop and which cultivars are best suited for... Read more
The research arm of the U.S. Department of Justice has awarded $350,000 to a federal laboratory to develop a reliable method for measuring THC levels to distinguish industrial hemp from marijuana. The 2018 Farm Bill allowed the cultivation of industrial hemp in the United States by providing a threshold... Read more
Massachusetts’ governor has agreed to allow marijuana dispensaries to sell hemp and hemp-derived products grown and manufactured in the state. The change makes Massachusetts the latest to open up marijuana dispensaries to hemp operators and gives Massachusetts’ 79 farmers and 19 hemp processors their first route to selling CBD... Read more
