Aurora taps hemp veteran as new CEO, signals revenue decline and massive write-downs
(A version of this story first appeared on Marijuana Business Daily.) Aurora Cannabis has promoted Miguel Martin to CEO, while warning investors to expect declining quarterly revenue and write-downs of up to 1.8 billion Canadian dollars ($1.37 billion) when it reports fourth quarter results in two weeks. Martin, former... Read more
Eleven hemp groups lay out argument for crop’s exemption from U.N. narcotics conventions
Eleven hemp groups from around the world have published a position paper to reiterate their stance that cannabis grown for industrial purposes does not fall under the scope of the U.N. narcotics conventions. The paper  argues that the cultivation of hemp for industrial purposes does not fall under the... Read more
USDA extends comment period on hemp rules
U.S. agriculture regulators are giving farmers more time to share criticism about the looming national framework for how the crop can be grown. The extension comes as states and industry associations are pressuring the U.S. Department of Agriculture to delay implementation of its new rules, set to take effect... Read more
Ohio agriculture officials issue warning to CBD company making unlicensed products
An Ohio CBD company has been cited with a public health warning for making products without a state license. The Ohio Department of Agriculture issued the warning to Limitless CBD LLC, which has a processing facility in Avon and offices in Cleveland. The department has not received reports of... Read more
CBD makers share how to use packaging to fight fakes
Custom seals can include holograms, QR codes and scratch-off verification codes unique to the product. Photo Courtesy of CannVerify (This is an abridged version of a story that appears in the August issue of Marijuana Business Magazine.) Chinese manufacturers have been knocking off high-end products for years. Now they’ve... Read more
Feds approve Maine’s hemp cultivation program
Federal officials have approved Maine‘s hemp cultivation program to align with the proposed U.S. Department of Agriculture’s rules, which take effect Nov. 1 The approval Wednesday means the state’s Department of Agriculture, Conservation and Forestry will have primary responsibility for oversight over hemp cultivation, under the U.S. Department of... Read more
Kansas State Univ. wins federal grant to study hemp in cattle feed
Kansas State University researchers are studying the effects of feeding industrial hemp to cattle. The research comes from a $200,000 grant from the U.S. Department of Agriculture, KSN-TV reported Wednesday. “Although hemp can be legally cultivated under license in Kansas, feeding hemp products to livestock remains prohibited because the... Read more
Pakistan approves hemp cultivation in ‘landmark decision,’ science minister says
Pakistan’s government has approved domestic hemp cultivation for the first time, the country’s minister for science and technology said on Tuesday. Fawad Chaudhry wrote on Twitter that Pakistan’s cabinet approved a “first license” allowing the Ministry of Science and Technology and the Pakistan Council of Scientific and Industrial Research... Read more
USDA approves Missouri state hemp plan
Missouri’s agriculture officials say the federal government has approved the state’s plan to regulate hemp. The state’s Department of Agriculture announced the approval Wednesday. The state will charge: $750 a year for permits to grow hemp, regardless of acreage. Undetermined fees for sampling and testing. Missouri was among the... Read more
Scientists explain how liver study will provide FDA with ‘real world’ data on CBD
Two scientists will lead a third-party consumer research study on the effects of regular CBD use on humans, particularly focused on liver safety. Dr. Keith Aqua, a Miami-based medical doctor, and Dr. Jeff Lombardo, a Buffalo, New York-based pharmacist who specializes in toxicology, are the co-principal investigators for a... Read more
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