Molson Coors Beverage Co. says it has launched CBD drinks in Colorado through TRUSS CBD USA, its joint venture with HEXO Corp. The beverage line will be available in three flavors – Grapefruit Tarragon, Strawberry Hibiscus and Blueberry Lavender under the name, “Verywell,” Molson Coors and HEXO said Wednesday.... Read more
Some $13 billion in additional agricultural aid for pandemic-impacted farmers should start going out by end of month. Agriculture Undersecretary Bill Northey says the funds could go out even before the inauguration of President-elect Joe Biden on Jan. 20. “We certainly have some things we would like to be... Read more
This story first appeared at Marijuana Business Daily International. United Kingdom-based GW Pharmaceuticals expects to report annual sales of approximately $526 million for the year ended Dec. 31, 2020, it said in a preview of its fourth quarter and full-year results. Fourth-quarter net sales will be approximately $148 million,... Read more
by Michelle Rutter Friberg, NCIA’s Deputy Director of Government Relations Photo By CannabisCamera.com We’re barely halfway through January, and it already feels like so much has happened in 2021! We at NCIA anxiously watched along with the rest of the country to see who would be victorious in the... Read more
by Jimmy Young, founder of Pro Cannabis Media 2020 will be remembered as “unprecedented.” A raging pandemic, a divided country resulting in a contentious election, an economy on the brink, but for cannabis, it was huge. The MORE Act and the SAFE Banking Act pass the U.S. House of... Read more
For all the growth that the hemp and CBD industry has seen as a nascent industry in recent years, last year farmers took a step back and devoted fewer resources to the crop – the enthusiasm of previous years tempered by oversupply, supply-chain issues and a lack of infrastructure.... Read more
Daniel Fernandez is hoping for a hemp renaissance in Spain this year with the launch of a new Spanish industry association. But first, the Galicia native says federal authorities need to be educated on the economic possibilities of the crop so that Spain can tap underlying potential for collaboration... Read more
Its new name reflects the company’s dual C02 and Ethanol extraction capabilities. (Erie, Colorado) January 12, 2021 – Zelios Colorado, long a leader in the hemp and CBD extraction industry, today announced its new name to reflect the company’s expanded and broader capabilities of both CO2 and Ethanol Extraction methods, as well as its... Read more
by Gary Cohen, CEO of Cova Software Gift cards are an excellent way to increase brand awareness and an opportunity to generate new customers for your dispensary. Research shows that these tiny pieces of plastic can boost revenue by up to 40%. They are indeed invaluable tools for upselling... Read more
With just a few days left before changing oversight, the U.S. Department of Agriculture has approved the hemp-regulation plans of Rhode Island and the Soboba Band of Luiseno Indians in southern California. Rhode Island will charge interested hemp producers: $250 application fees. $2,250 license fees, with a license valid for... Read more
