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

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

A London skin-care company is the latest acquisition for Canada’s Canopy Growth, a marijuana producer that is deploying capital around the globe to gain traction for its hemp-derived CBD products. Canopy announced Wednesday it spent 43 million pounds ($54 million) to purchase This Works, which makes skin-care products and a sleep-aid... Read more

European CBD producer HemPoland signed a distribution agreement with pharmaceutical distributor Mediakos to enter the German CBD market. Through the agreement, HemPoland’s CannabiGold products will be available in pharmacies across Germany as well as on their respective e-commerce platforms. HemPoland is a subsidiary of Toronto-based The Green Organic Dutchman (TGOD). “With a... Read more

Blueberries Medical, a Bogota, Colombia-based medical cannabis producer, has been cleared to produce and export CBD products from Colombian food and drug surveillance regulator Instituto Nacional de Vigilancia de Medicamentos y Alimentos (INVIMA). The five-product suite is Blueberries’ initial entry in the CBD market and includes creams, lip balm... Read more

A Canadian company focused on CBD extraction in Europe has bought a Polish hemp grower. StillCanna acquired Olimax, which grows about 3,700 acres (1,500 hectares) of hemp, in a deal valued at more than 25 million Canadian dollars ($18.6 million). The cash-and-stock deal includes a cash payment of $2... Read more