A Canadian health and wellness company is selling off more than 4.7 million common shares at an offering of U.S. $2.65 per share to raise some $12.65 million. Neptune Wellness Solutions, a hemp extractor and product manufacturer based in Laval, Quebec, said Monday in a company statement that it... Read more
(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
Colorado officials who have long since settled how to zone marijuana cultivation to address odor complaints are starting to turn their sights to the hemp industry. Local authorities in Boulder voted this week to limit hemp businesses to three within a 500-foot radius, an attempt to address smell complaints... Read more
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
Some of you may already know me from seeing me around at NCIA’s trade shows and regional networking and educational events over the years. I began working at NCIA in January of 2014, just a couple of weeks into legal adult-use (recreational) cannabis sales in Colorado, which is hard... Read more
The see-saw hemp industry has challenged all layers of the supply chain, from farmers looking to capitalize on a new crop to processors trying to find formulations that fit quickly changing rules. For international operators, those challenges have been even steeper. Australian hemp and CBD maker Elixinol Global has... Read more
A federal judge has blocked a California farm from being part of a lawsuit filed by an American Indian tribe over local authorities’ seizure of their hemp plants. A judge said in a ruling Tuesday that S.G. Farms “has not shown it had or has had an enforceable interest... Read more
Indiana’s law banning smokable hemp has come back to life after a federal appeals court ruled that a lower judge went too far in blocking it. The ruling means that Indiana can enforce its 2019 law banning the manufacture, possession and sale of smokable hemp products – while the... Read more
Testing of CBD-infused products conducted by the U.S. Food and Drug Administration found that many are mislabeled, containing far less or more CBD than advertised and in some instances THC that wasn’t supposed to be there. Of the 102 products tested this year that were labeled as having CBD,... Read more
At this time 10 years ago, I set out to launch the cannabis industry’s first national trade association. At the time, only 14 states had legalized medical cannabis, none had adult-use laws, no states had regulated their medical cannabis markets, and there was virtually no interest in federal marijuana... Read more
