Mexican lawmakers now have until Dec. 15 to legalize marijuana and hemp – a new deadline set by the country’s Supreme Court in light of the coronavirus outbreak. Late Friday, the Supreme Court announced the new deadline for legalization to happen during the lawmaker’s next scheduled session, which runs from... Read more
Denver-based Molson Coors Beverage Co. is partnering with a Canadian marijuana company to sell non-alcoholic hemp-derived CBD drinks, the companies announced Tuesday. Molson Coors and HEXO Corp. said the joint venture, called Truss CBD USA, will be established in Colorado and will be a standalone entity with its own... Read more
Canopy Growth, a global cannabis giant that muscled its way into the U.S. hemp market, has announced that it is shutting down its hemp-growing operation in New York state, citing a glut of hemp from last year. The Canada-based company will cease farming operations in Springfield, New York, but... Read more
A U.S. appeals court has upheld a $4 million judgment in favor of an El-Salvador based CBD oil supplier that accused its Florida distributors of breach of contract. The decision Tuesday from the 11th Circuit Court of Appeals affirmed a decision from an arbitration panel the ruled in favor of... Read more
An Iowa ingredients manufacturer has partnered with Brazilian medical cannabis company to launch several hemp-derived medical cannabis products under the brand name CBD CALM in Brazil. Kemin Industries of Des Moines will act as the lead consultant for medical marijuana producer MedPharm Iowa, struck a deal in March with Brazilian distributor... Read more
Neptune Wellness Solutions has appointed a new chief financial officer, Toni Rinow. Rinow has 20 years of business experience and is “well known for accelerating revenue streams through acquisitions, corporate development, sales and marketing, and financing,” the company said in its announcement Wednesday, the day Rinow started her new... Read more
France, Italy and the Netherlands are leading the pack when it comes to industrial hemp cultivation in Europe, according to the most recent data available. More than 50% of industrial hemp in Europe was planted in those three countries, and the amount planted across the continent rose 3.3% in 2018... Read more
A cannabinoid producer in the Czech Republic is the first to have a CBD novel food application declared “valid” by EU authorities and move forward for a risk assessment. CBDepot’s application for the authorization of synthetic cannabidiol was sent to the European Food Safety Authority (ESFA) for a risk... Read more
A Quebec, Canada-based supplements company announced the installment of two new members to the company’s board of directors. Neptune Wellness Solutions of Laval, Quebec, on Tuesday said Joseph Buaron and Michael A. de Geus were joining the company’s board. Buaron has two decades of experience as a chief technology... Read more
Two beer giants had big plans to sell CBD infused beverages in Canada by the end of last year. But only one has hit shelves yet, underscoring the challenged cannabis drinks market in Canada. Fluent Beverage Co., a partnership between St. Louis, Missouri-based Anheuser-Busch InBev and Canadian cannabis giant... Read more
