Consumer packaged goods giant Unilever inks distribution deal with Canadian CBD maker
Neptune Wellness is partnering with consumer packaged goods giant Unilever as an import and stocking distributor and logistics partner in the U.S. and Canada. The Laval, Quebec-based extraction company and product manufacturer of health and wellness products will provide Unilever’s selling partners with products in its warehouse system in... Read more
Member Blog: Soil Is A Way Of Life, But What Is Living Soil?
by Lee Spivey, Marketing Manager at Good Earth Organics Our preferred definition of living soil is the community of microbes working together breaking down organic matter which, in turn, provides valuable nutrition to the plants. Soil microbes are essential for decomposing organic matter and recycling old plant material. Microorganisms... Read more
Editor’s Notebook: Defund the Plant Police
Kristen Nichols is the editor of Hemp Industry Daily. (This column appears in the September issue of Marijuana Business Magazine.) As the United States confronts centuries of racism from authorities charged with keeping us safe, citizens are rightly debating how far we should go to reform police departments. Can they be... Read more
Swiss food giant Nestlé enters European CBD market with softgel launch
A subsidiary of Nestlé, the world’s largest food and beverage company, has started producing and selling CBD softgels in Europe. Nestlé Health Science partnered with Geocann, a cannabis-product manufacturer headquartered in Fort Collins, Colorado, to launch broad-spectrum CBD softgel formulations with a special droplet delivery system known as VESIsorb.... Read more
Canadian wellness company buys Kentucky CBD maker in latest acquisition
Thoughtful Brands, cannabis and psychedelics company in Vancouver, British Columbia, has acquired a Kentucky CBD maker in a stock-and cash deal worth CA$12 million ($9 million). Thoughtful Brands Inc. announced the execution of a deal to buy American Extraction CBD Corp., a privately held hemp grower and processor in... Read more
Despite delay, MJ legislation in Congress worth watching for hemp entrepreneurs
The delay of a U.S. House vote to make all cannabis legal regardless of the THC content is a disappointment to many in the industry – but insiders say it changes little in terms of the momentum of reform. Industry experts say the Democratic-controlled House is setting a template... Read more
Hemp farmers eligible for new USDA coronavirus relief funds
Despite missing out on earlier funding, hemp farmers are included in a new $14 billion coronavirus relief effort that will provide additional direct assistance for agricultural producers who continue to face market disruptions and associated costs, federal agriculture officials announced Friday. Commodities including hemp are eligible that weren’t eligible... Read more
CBD maker, HIA sue Drug Enforcement Administration over extract rule
The Hemp Industries Association and a South Carolina CBD manufacturer are suing the U.S. Drug Enforcement Administration over a recent rule they say wrongly criminalizes how hemp extracts are made. The filing asks a federal appeals court in Washington DC to throw out a DEA rule published last month.... Read more
Judge blocks Texas ban on smokable hemp until trial on matter ends
A Texas judge is blocking authorities from enforcing the state’s smokable hemp ban until a trial resolves the dispute between hemp producers and the health department. Travis County Judge Lora Livingston said in a ruling Thursday that the group of hemp producers suing state health authorities who enacted the... Read more
Reputation, revenue at stake as Brazil weighs legalization of cannabis cultivation
Brazil has fast-tracked a draft law that would legalize the cultivation of medicinal cannabis and industrial hemp, and the stakes are high. South America’s largest economy leads the world in several commodities markets, and some politicians say its farmers are keen to expand into hemp. Several other Latin American... Read more
( ) ( ) ( ) ( ) ( ) ( ) ( ) ( )