New York hemp growers and processors want Gov. Andrew Cuomo to issue guidelines from a bill last year to regulate the sale of extracts from the plant, like CBD, before 2014 Farm Bill pilot provisions expire on Oct. 31. The bill Cuomo signed last year would regulate CBD-infused products... Read more
A German CBD extractor has secured funding of an undisclosed amount from an independent investor in Hamburg who valued the company at €5 million ($5.9 million). Signature Products GmbH did not disclose the size of the investment but said in a statement that the investor’s appraisal makes it the... Read more
A federal agency is urging agriculture officials to allow more time for public comment for proposed national hemp production rules. The Small Business Administration’s Office of Advocacy sent a letter to U.S. Agriculture Secretary Sonny Perdue on Friday, saying that 30 days the U.S. Department of Agriculture has allowed... Read more
The biggest question mark for the global CBD industry right now is not how to market the cannabinoid and what it can do. Instead, the biggest question mark is whether the hemp and marijuana industries will be allowed to show customers what CBD can do. Ongoing legal questions about... Read more
by Aaron Smith, NCIA’s CEO and Co-founder As the nation began grappling with issues of systemic racism and inequality on a massive scale following the death of George Floyd and ensuing civil rights protests across the country, we saw an outpouring of support from members of the cannabis community.... Read more
Journalists try Color Up’s CBD skincare products at a virtual launch event (photo courtesy Debra Locker). Looking to educate and innovate without in-person events, hemp and marijuana companies are turning to virtual platforms for everything from trade conferences and product launches to consumer education and staff training. Spaces that... Read more
American publishing icon Playboy has entered the CBD market with a line of products that aims to enhance intimacy and sexual wellness. CBD by Playboy includes an arousal spray retailing for $45, intimacy warming gel for $47 and a bath bomb for $15, according to AdAge. Playboy has partnered... Read more
Erlanger, KY – REM technologies, a US-based game-changer focused on providing the best THC (tetrahydrocannabinol) removal solution in the world, introduces two of its most advanced technologies to date; D970L and D915L remediation systems. The novel harmonic distillation remediation technologies are the first of their kind because it solves... Read more
CBD has “significant potential for growth” in Canada if the government were to allow the cannabinoid in natural health products, a think-tank predicts. A report released this week by the Canadian Health Food Association estimated the CBD market in Canada at CAD $1.9 billion ($1.44 million), with immense potential... Read more
A California CBD company is being sued by a British investment firm that argues it was duped into offering a nearly $1 million loan that the CBD company has so far failed to pay back. Henley Finance filed a complaint in federal court last week alleging that CBD supplier... Read more
