Uruguay cannabis company ships 50 kilograms dried flower to Switzerland via Germany
Cannabis Uruguay Ltda. (UCAN), a cannabis cultivator and processor in Montevideo, has exported its first shipment of dried flowers to Switzerland via Germany. The company’s 50-kilogram shipment of dried cannabis flower landed in Frankfurt on Saturday and arrived in Zurich on Sunday, Jorge Jover, an agronomist who works at... Read more
FDA approves GW Pharmaceuticals’ CBD drug for new indication
CBD drug Epidiolex received approval from the U.S. Food and Drug Administration to treat seizures associated with a third medical condition, expanding the range of indications for the cannabis-derived medication. The orally administered drug from Britain’s GW Pharmaceuticals previously was approved by the FDA to treat seizures associated with... Read more
Switzerland refunds $36M in taxes levied on low-THC cannabis growers, sellers
Swiss customs officials have returned approximately CHF 33 million ($36 million) to low-THC cannabis flower producers and sellers after a court said their products were unconstitutionally taxed as a tobacco substitute. CBD sellers in Switzerland had taken legal action to protest the 25% sales tax imposed on their goods... Read more
EU Commission revises stance on WHO cannabis scheduling vote as it leans toward CBD as a narcotic
The executive branch of the European Union is changing its stance on how EU countries should vote on the World Health Organization’s cannabis scheduling changes in December, Hemp Industry Daily has learned. The development comes on the heels of the European Commission announcing its preliminary view that CBD extracted... Read more
Paraguay to begin hemp marketing soon
Paraguay’s Ministry of Agriculture says marketing hemp products in the country could start as soon as December, with the help of a government program. The announcement came recently after Moises Bertoni Hicar, a deputy in the ministry, met with the Association of Roseño Producers, a group that represents 164... Read more
Australia completes first hemp seed export to New Zealand
Australia has exported its first shipment of hemp seeds to New Zealand. The export was made possible because the Australian government recently passed legislation to ease regulations on trade, Business News Australia reported Friday, but did not say how much was exported or when. Australian Minister of Agriculture David... Read more
Uruguay hemp seller ships half ton of low-THC flower to Switzerland via Germany
Boxes from CPLANT are pictured in a warehouse. CPLANT, a hemp producer in Uruguay, has successfully sent half a ton of low-THC hemp flower to Switzerland via Germany, shipping what appears to be the South American country’s first major commercial export of CBD flower to Europe. The shipments of... Read more
EIHA blasts European agency for considering labeling CBD a narcotic
The European Industrial Hemp Association says the European Commission’s decision to halt “Novel Food” applications as it considers labeling CBD a narcotic “stands against any logic and is nothing but unfair.” EIHA said in the statement Friday that if the commission makes its preliminary view final, the agency “will... Read more
Hemp in Europe: What you need to know to be a successful investor
Hemp is seeing a new heyday. More countries are expanding their industrial hemp programs, even as confusion continues to reign around the valuable extract, CBD. One just needs to look at Europe to see the opportunities that abound—if the finer details of legality can be navigated. Welcome to the... Read more
European Commission weighs narcotic label for CBD, halts “novel food” applications
The European Commission has decided to halt “novel foods” applications to infuse edibles with CBD because it’s considering labeling the ingredient as related to narcotics. European Union regulators have said that cannabinoid extracts such as CBD are subject to a 1997 provision called the Novel Food Regulation, a set... Read more
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