By Gary Paulin, Lightning Labels Now you see it. Now you don’t. What’s in compliance today may run afoul tomorrow. And federal government wishes and whims continue to cast a pall over state operations. In this topsy-turvy environment, cannabis purveyors need to be able to pivot on a dime.... Read more
Photo courtesy of Kattia Jimenez Hemp production is about to shift into overdrive in states where growers have been licensed to get started with the 2019 planting season. There is a dramatic increase in interest among new farmers looking to capitalize on hemp in states that have been growing... Read more
Proving that hemp-derived CBD really is sourced from hemp remains one of the big questions around its legality – and may be a key factor in a recent acquisition. Exactus, a Virginia-based health-care company with interests in cannabidiol treatments, acquired Hemp Healthy, a supplement firm that owns an e-commerce... Read more
Rules for use of CBD in food products and dietary supplements won’t be coming any time soon, according to the outgoing head of the U.S. Food and Drug Administration (FDA). With roughly two weeks left of his tenure as commissioner of the FDA, Dr. Scott Gottlieb said at an... Read more
by Gary Cohen, CEO of Cova Software There is little doubt that lack of access to banking is one of the most immense challenges facing cannabis retailers. Legally-operating cannabis businesses are at a significant disadvantage, as well as the communities they operate in. Luckily, there are positive signs that... Read more
Big news! The recently introduced Secure And Fair Enforcement (SAFE) Banking Act, will receive a full committee markup next Tuesday. A markup is the process by which a congressional committee debates, amends, and rewrites proposed legislation. At the beginning of a markup, committee members first make opening statements. Then,... Read more
(For an analysis of this deal from an investment standpoint, sign up for our new premium subscription service Investor Intelligence.) Massachusetts-based Curaleaf has inked a deal with the CVS pharmacy chain to begin selling hemp products at 800 stores in 10 states. The distribution deal was announced during Curaleaf’s investor and analyst... Read more
The dominant sales channel for CBD – e-commerce – is becoming a major draw for marijuana manufacturers, who are using hemp-derived CBD to tap into new revenue and a wider consumer base. They’re doing this despite repeated warnings from the U.S. Food and Drug Administration (FDA) that it is... Read more
As the hype around hemp ramps up and states issue record numbers of licenses to farmers wanting to capitalize on opportunities the new crop may offer, U.S. Secretary of Agriculture Sonny Perdue said this week that he isn’t so sure hemp will be the cash crop everyone is hoping... Read more
(This is an abridged version of a story that appears in the March issue of Marijuana Business Magazine.) Hemp cultivators have long relied on cloning as a way to propagate plant inventory and preserve their genetics, but the practice of taking a rooted cutting from a mother plant may be... Read more
