HemPoland gains access to German CBD market through distribution agreement

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
Italy’s interior minister declares war on hemp products

In a move seen as more bluster than substance, an Italian official vowed to close all “cannabis light” – defined as cannabis with THC levels below 0.2% – shops in the country. “A war starts today, street by street, shop by shop, district by district, city by city,” Italy’s... Read more
Colombian medical marijuana producer approved to export topical CBD products

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
Canadian CBD firm expands in Europe with Polish hemp grower

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
Europe’s hemp definition, ‘novel foods’ designation cloud region’s potentially booming CBD market

European hemp producers and manufacturers are struggling to capitalize on the global CBD boom and compete with U.S. manufacturers as they navigate the continent’s thorny regulations – but they’re optimistic that upcoming changes will open new CBD opportunities. The hemp and CBD industry wants the European Union to change... Read more
Canadian cannabis firm MPX International to acquire Swiss CBD brand for CA$13.4 million

Another Canadian company is looking to Europe for expansion – this time in CBD. A large, vertically integrated Canadian company plans to buy up the remaining shares of a Swiss organic CBD company to expand into the global market. MPX International, a vertically integrated CBD company based in Toronto,... Read more
Confusion, enthusiasm combine at Hemp Investor Forum

Uncertainties surrounding regulations – both at the state and federal levels – and a lack of recent historic data in the United States are factors that could discourage investors in the American hemp industry, attendees at a Denver forum heard last week. However, savvy investors can still find opportunities... Read more
Australian farmers in Tasmania increase hemp seed production for food

The number of hemp producers in the Australian state of Tasmania, which produces 66% of the nation’s commercial hemp crop, has nearly doubled – and is projected to continue growing due to drought causing supply shortage in other regions, according to Australia’s ABC News. Tasmania has produced hemp for fiber... Read more
GW Pharma denies supply issues with cannabis-based drug Epidiolex after stock falls

GW Pharmaceuticals, the British maker of epileptic seizure-control medication Epidiolex, said it was not aware of any supply issues related to the cannabis-derived drug after a tweet from a patient’s father complained he could not source the medicine. GW’s stock was down more than 3% on Wednesday on the... Read more
FSD Pharma reveals hemp purchase agreement after Auxly deal collapses

Ontario-based FSD Pharma has agreed to buy 1,000 kilograms (2,200 pounds) of hemp on a contractual basis from a farmer in the province for CBD extraction at the company’s Cobourg facility. The move comes after the breakdown last week of an agreement between FSD and marijuana company Auxly for... Read more

( ) ( ) ( ) ( ) ( ) ( ) ( ) ( )