‘Global cannabis supply chain is based on industrial hemp’: Q&A with cannabis attorney Robert Hoban
(Editor’s note: This is the second in a series of Q&As with hemp industry speakers who will appear at MJBizConINT’L, Sept. 4-6, in Toronto. To read the previous Q&A in this series, click here.) Industrial hemp is big business – and it’s only going to get bigger as investors around the... Read more
‘Sky is the limit’ for global hemp opportunities: Q&A with Hemp Industries Association’s Joy Beckerman
(Editor’s note: This is the first in a series of Q&As with hemp industry speakers who will appear at MJBizConINT’L, Sept. 4-6, in Toronto.) Hemp is a global industry and the passage of the 2018 Farm Bill put the United States on the map as a major player ready to... Read more
Chinese tariffs having minimal effects on U.S. hemp industry, experts say
Most American farmers are in full-fledged panic mode following news that companies in China have suspended use of U.S. agricultural products in response to tariffs imposed by the Trump administration on Chinese goods. But the nascent U.S. hemp industry shouldn’t worry, economists and trade experts told Hemp Industry Daily.... Read more
Canadian marijuana giant sees ‘largest’ CBD sales coming from US
Cronos Group, a Toronto-based marijuana company, predicts CBD customers in the United States will be the “largest contributor” to its sales over the next couple of years. But company executives cautioned investors that it’s “too early to speculate” on how big the European market for CBD will become. The... Read more
UK soon will sell first commercial export of high-CBD cannabis from Colombia
(This is an abridged version of a story that appears on the Marijuana Business Daily International website.) The first CBD products exported from Colombia to the United Kingdom soon will be available for sale in the U.K. and other European Union countries, Bogota-based Clever Leaves announced. The health-related products, which were exported as a... Read more
One of UK’s largest hemp farms forced to destroy crop amid policy changes
(Photo courtesy of Hempen) The case of Hempen, the United Kingdom’s not-for-profit farming cooperative, illustrates the extra hurdles British hemp farmers face in not being able to use the flower, the most valuable part of their crop. Based in Oxfordshire, Hempen had been growing hemp since 2015. And, until... Read more
Canadian acquisition underscores CBD’s potential in Europe
A Canadian marijuana producer cited hemp and CBD’s potential in Europe as it announced plans to acquire a smaller Canadian company with a CBD subsidiary in the Netherlands. The announcement Wednesday that Toronto-based Supreme Cannabis plans to acquire Truverra underscores the interest in accessing European markets. Supreme valued the... Read more
Pictures, please! Hemp group wants more evidence to fight European CBD limit
European hemp producers and manufacturers are getting renewed pleas to help fight the European Union on how it treats CBD and other extracts. The European Industrial Hemp Association (EIHA) sent an alert this week to roughly 300 members urging the EU to change its Common Agricultural Policy, which governs food... Read more
Demetrix raises $50 million to research synthetic cannabinoid production
California-based Demetrix secured $50 million in a Series A funding, which the company will use for research of synthetic cannabinoid production. The Emeryville company wants to use baker’s yeast to produce large volumes of cannabinoids. More than 100 of cannabinoids can be found in the cannabis plant, sometimes in... Read more
European regulators, activists join calls for CBD oversight
Europe’s booming CBD market needs better regulation and safety protocols, according to two reports out this week from both government regulators and nonprofit activists. First, the European Monitoring Centre for Drugs and Drug Addiction (EMCDDA), an agency of the European Union, said there is an “urgent need” to get a... Read more

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