CBD maker, HIA sue Drug Enforcement Administration over extract rule
The Hemp Industries Association and a South Carolina CBD manufacturer are suing the U.S. Drug Enforcement Administration over a recent rule they say wrongly criminalizes how hemp extracts are made. The filing asks a federal appeals court in Washington DC to throw out a DEA rule published last month.... Read more
Judge blocks Texas ban on smokable hemp until trial on matter ends
A Texas judge is blocking authorities from enforcing the state’s smokable hemp ban until a trial resolves the dispute between hemp producers and the health department. Travis County Judge Lora Livingston said in a ruling Thursday that the group of hemp producers suing state health authorities who enacted the... Read more
Reputation, revenue at stake as Brazil weighs legalization of cannabis cultivation
Brazil has fast-tracked a draft law that would legalize the cultivation of medicinal cannabis and industrial hemp, and the stakes are high. South America’s largest economy leads the world in several commodities markets, and some politicians say its farmers are keen to expand into hemp. Several other Latin American... Read more
NY hemp producers want Cuomo to issue rules for extracts before temp regulations expire
New York hemp growers and processors want Gov. Andrew Cuomo to issue guidelines from a bill last year to regulate the sale of extracts from the plant, like CBD, before 2014 Farm Bill pilot provisions expire on Oct. 31. The bill Cuomo signed last year would regulate CBD-infused products... Read more
German CBD maker secures undisclosed investment after €5 million valuation
A German CBD extractor has secured funding of an undisclosed amount from an independent investor in Hamburg who valued the company at €5 million ($5.9 million). Signature Products GmbH did not disclose the size of the investment but said in a statement that the investor’s appraisal makes it the... Read more
SBA urges USDA to extend new hemp production comment period to 60 days
A federal agency is urging agriculture officials to allow more time for public comment for proposed national hemp production rules. The Small Business Administration’s Office of Advocacy sent a letter to U.S. Agriculture Secretary Sonny Perdue on Friday, saying that 30 days the U.S. Department of Agriculture has allowed... Read more
‘No one seems to want to move on it:’ Q&A with attorney David Kastin on the future of CBD regulations
The biggest question mark for the global CBD industry right now is not how to market the cannabinoid and what it can do. Instead, the biggest question mark is whether the hemp and marijuana industries will be allowed to show customers what CBD can do. Ongoing legal questions about... Read more
We Must Hold Ourselves Accountable To Create A Fair Cannabis Industry
by Aaron Smith, NCIA’s CEO and Co-founder As the nation began grappling with issues of systemic racism and inequality on a massive scale following the death of George Floyd and ensuing civil rights protests across the country, we saw an outpouring of support from members of the cannabis community.... Read more
As CBD virtual launches become new normal, cannabis industry players offer best practices
Journalists try Color Up’s CBD skincare products at a virtual launch event (photo courtesy Debra Locker). Looking to educate and innovate without in-person events, hemp and marijuana companies are turning to virtual platforms for everything from trade conferences and product launches to consumer education and staff training. Spaces that... Read more
Iconic Playboy brand launches new CBD intimacy product line
American publishing icon Playboy has entered the CBD market with a line of products that aims to enhance intimacy and sexual wellness. CBD by Playboy includes an arousal spray retailing for $45, intimacy warming gel for $47 and a bath bomb for $15, according to AdAge. Playboy has partnered... Read more
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