Regulators at Australia’s Ministry of Health are one step closer to allowing over-the-counter sales of cannabidiol products. The Therapeutic Goods Administration (TGA) said Wednesday it reached an interim decision to amend the country’s Poisons Standard and down-schedule CBD to a Schedule 3 product in oral, oral mucosal and sublingual... Read more
Europe’s main hemp lobby group says industrial cannabis could play a starring role in the European Union’s plan for a carbon-neutral economy by 2050. The European Industrial Hemp Association paper, outlines the ways that the crop can support the European Green Deal – the EU’s long-term plan to shift... Read more
Ry Russell’s company, Knot Plastics, creates plant-based bags from corn and hemp (courtesy photo). (This is an abridged version of a story that appears in the September issue of Marijuana Business Magazine.) Cannabis businesses have long struggled with the excessive packaging their products are required to use, employing extra layers of plastic and... Read more
Photo By CannabisCamera.com by Michelle Rutter Friberg, NCIA’s Deputy Director of Government Relations Over the last several weeks, I’ve been taking a retrospective look at the progress NCIA has made in the ten years since its inception. This is our last installment, detailing 2018-2019, and brings us up to... Read more
by Charlotte Peyton, Independent Consultant, EAS Consulting Group The hemp industry is the marijuana industry’s half-sister. Both are variations of the plant cannabis sativa and both were made illegal in 1937 with the passing of The Marijuana Tax Act. Flash forward to the Agriculture Improvement Act of 2018 (known... Read more
BevCanna, a white-label CBD drinks maker in Vancouver, British Columbia, has acquired an online company in an all-stock deal worth $4.6 million (CA$6 million). The purchase of Naturally Pure Therapy Products Corp. brings the drinks maker access to new customers in the U.S., BevCanna said in a company statement.... Read more
U.S. hemp producers are alarmed about a Drug Enforcement Administration rule that they argue would make extracts a Schedule 1 controlled substance during a portion of the extraction process when the plant’s THC levels spike above what’s allowed. The rule released last month has the industry reeling and wondering... Read more
(A version of this story first appeared on Marijuana Business Daily.) Aurora Cannabis has promoted Miguel Martin to CEO, while warning investors to expect declining quarterly revenue and write-downs of up to 1.8 billion Canadian dollars ($1.37 billion) when it reports fourth quarter results in two weeks. Martin, former... Read more
Eleven hemp groups from around the world have published a position paper to reiterate their stance that cannabis grown for industrial purposes does not fall under the scope of the U.N. narcotics conventions. The paper argues that the cultivation of hemp for industrial purposes does not fall under the... Read more
U.S. agriculture regulators are giving farmers more time to share criticism about the looming national framework for how the crop can be grown. The extension comes as states and industry associations are pressuring the U.S. Department of Agriculture to delay implementation of its new rules, set to take effect... Read more
