Charlotte’s Web, a Colorado-based CBD manufacturer, said it has raised 140 million Canadian dollars ($105 million) in a share offering. The move, in which existing shareholders sold some of their shares, was part of the company’s plans to raise up to CA$500 million. The overall raise will likely be... Read more
Hemptown USA, a multistate hemp producer and CBD company, completed a $23 million round of financing last week, allowing it to move forward with ambitious expansion plans in Colorado, Kentucky, Northern California and Oregon. The company will use the raise to purchase $5.5 million worth of Oregon CBD seeds.... Read more
The cannabis community has seen an influx of female entrepreneurs and leaders laying the groundwork for the future. Whether they’re advocating for reasonable legislation, engineering extraction techniques, or hacking the crazy world of cannabis marketing, the cannabis industry continues to boast a higher percentage of female leadership than the... Read more
For a CBD company looking to see its products sold alongside traditional supplements and functional foods, what better place to look than a longtime executive from the natural-products world? In late March, San Diego-based CBD manufacturer CV Sciences brought on Douglas Mackay, a naturopathic doctor and former senior vice... Read more
Iowa farmers will have the option of growing industrial hemp next year under a law signed by Gov. Kim Reynolds on Monday. The Iowa Hemp Act passed the Legislature last month with overwhelming support. The law allows licensed growers to cultivate the crop on up to 40 acres. But... Read more
A guarantee about hemp crop insurance may be added to a stalled disaster-aid bill pending in the U.S. Senate. According to The Washington Post, hemp advocate and Senate Majority Leader Mitch McConnell of Kentucky is trying to add language to the legislation to ensure hemp will be eligible for... Read more
The cannabis industry is full of scientific and technological advancements.Join the movement and register for one of our upcoming events so you can see it for yourself. Hear more from these NCIA Members about the amazing industry we are innovating together: Be in the know! Be sure to... Read more
by Charles Alovisetti, Courtney Barnes, and Corey Cox of Vicente Sederberg LLP CBD (cannabidiol) is everywhere right now. Front page articles proclaim its virtues and ubiquity. New retailers announce their intentions to sell CBD products almost every day. But a lot of the media coverage of CBD is inaccurate... Read more
European CBD producer HemPoland signed a distribution agreement with pharmaceutical distributor Mediakos to enter the German CBD market. Through the agreement, HemPoland’s CannabiGold products will be available in pharmacies across Germany as well as on their respective e-commerce platforms. HemPoland is a subsidiary of Toronto-based The Green Organic Dutchman (TGOD). “With a... Read more
Blueberries Medical, a Bogota, Colombia-based medical cannabis producer, has been cleared to produce and export CBD products from Colombian food and drug surveillance regulator Instituto Nacional de Vigilancia de Medicamentos y Alimentos (INVIMA). The five-product suite is Blueberries’ initial entry in the CBD market and includes creams, lip balm... Read more
