Elixinol CEO offers insight into Europe strategy, supply-chain restructuring
This is the second part of an interview with Elixinol CEO Oliver Horn. Read his insights on leadership here. In a recent presentation, you said the company was “well-positioned to navigate the regulatory environment that is dynamic, and we remain very positive that regulatory changes are working in our... Read more
Peru opens the door to CBD medicines, with commercialization imminent
(A version of this story first appeared on Marijuana Business Daily.) Peru is giving hemp-derived medicines the green light, with commercialization imminent once the respective companies obtain the necessary import permits. Two hemp-derived products are registered as “cannabis-derived natural health products” in Peru. Toronto-headquartered Ramm Pharma, a company with... Read more
Canadian labeling, potency lawsuit includes CBD products
A CBD maker is among more than a dozen Canadian cannabis companies facing a labeling lawsuit. The lawsuit, filed in Alberta by consumer Lisa Marie Langevin, accuses the companies and their subsidiaries of selling products “with THC or CBD content levels that were drastically different” from what was advertised.... Read more
Canadian hemp company buys stake in Germany growing operation
A Canadian hemp company has bought a 5 percent ownership stake in a German hemp company with an outdoor growing operation of more than 1,200 acres. EuroLife Brands, based in Toronto, said it is issuing 500,000 common shares valued at $250,000 and a cash payment of $35,000 for its... Read more
‘COVID-19 changed everything’: Q&A on Mexico hemp with Luis Armendariz
Mexico’s path toward legalizing hemp and marijuana has been a bumpy one spanning three years now, starting with a law authorizing the medicinal use of cannabis under 1% THC content. Since then, the federal agency responsible for issuing guidance for using medical marijuana published its rules on Oct. 30,... Read more
Canadian cannabis firm acquires Massachusetts CBD producer
Vancouver, British Columbia-based Future Farm Technologies says it has finished its consolidation with High Purity Natural Products, a Southbridge, Massachusetts, company that makes white-label CBD and hand sanitizer. The companies announced their merger Tuesday. Future Farm Technologies specializes in indoor marijuana production but plans to grow and process hemp in the... Read more
Colombian cannabis firm signs deal to bring CBD skincare line to Spain
A Colombian company has inked a deal to put its CBD skincare product line on the shelves of hundreds of drug stores across Spain. Khiron Life Sciences reached the deal with cosmetics distributor Red Yellow Red to bring its Kuida CBD product line to 2,350 stores across four distributor... Read more
UN body sees challenges for adding CBD footnote to international narcotics treaty
The World Health Organization’s proposal to exempt plant-derived CBD extracts and tinctures with less than 0.2% THC from international control under a United Nations narcotics convention could be difficult to enforce, a U.N. monitoring body has said. The International Narcotics Control Board said authorities in some countries may lack... Read more
New Australian law looks to boost hemp exports after COVID-19 threat passes
A version of this story appeared earlier on Marijuana Business Daily International. Australia has amended its narcotics law to put hemp exporters in a position to “come out firing” after the COVID-19 crisis eases, the country’s agriculture minister said. The change aims to facilitate trade and growth of export... Read more
Canadian and Spanish hemp companies team up to distribute CBG in Canada
A Canadian biotechnology hemp company is entering an agreement with a Spanish company to produce and distribute a THC-free, high -CBG variety of the plant in Canada. Ottawa-based Cannabis Orchards’ partnership with Hemp Trading to get the hemp variety, called Panakeia, into the Canadian market comes after “successful distribution”... Read more
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