A major convenience store broker has reached an agreement with a Canadian company to distribute its CBD drinks across the U.S. at gas stations including Circle K and Speedway. Kentwood, Michigan-based Shankman & Associates announced this week it had a deal with Centr Brands Corp., which recently launched its... Read more
Before Canopy Growth Corp. became the largest cannabis company in the world, it hired Ryan Douglas as its master grower in 2013. It was no small task at the time in Canada – where Ontario-based Canopy is based – because the country had just established regulations for its medical... Read more
London-based cannabis investment company World High Life says its CBD subsidiary Love Hemp has started construction on a bigger production facility. The company said the 3,500-square-foot facility will enable Love Hemp to increase production of its products including oils, cosmetics and capsules from the current 8,000 units per day... Read more
Diane Mulligan (Editor’s note: This story is part of a recurring series of commentaries from professionals connected to the hemp industry. Diane Mulligan is president and CEO of M&C Communications.) I came face-to-face with a bear. I was completely caught off guard, never having thought about that scenario. Obviously,... Read more
The U.S. Food and Drug Administration is hiring a contractor to help gather and study samples of CBD food and cosmetic products on the U.S. market as the agency inches forward in developing a comprehensive regulatory policy toward the hemp extract. The contract notice, published Thursday, is meant to... Read more
For the fifth year running, Marijuana Business Daily has earned a spot on Inc. magazine’s Inc. 5000 “Fastest-Growing Private Companies” list. MJBizDaily, parent publication of Hemp Industry Daily, ranked 1,749 on the prestigious list of 5,000 private American firms, with revenue growth of 244% over the past three years. Because... Read more
CBD maker and retailer American Shaman has opened a retail store inside a grocery store in Missouri, where the company is based. The company said the 550-square-foot store opened at the start of August inside a Kansas City’s Ball’s Price Chopper and will be staffed by Shaman employees. American... Read more
Federal agriculture officials have determined that hemp farmers don’t qualify for a $16 billion fund designated for farmers who saw price drops because of the novel coronavirus. Based on data representing on-farm prices from January to April 2020, the national price for hemp crops decreases during the first quarter... Read more
A Missouri hemp company is being sued for allegedly sending unsolicited advertising texts, the latest cannabis firm accused of violating federal laws against spamming. The federal lawsuit, filed Aug. 7 in Vermont, accuses Native Hemp Co. of using an automated dialing system “to bombard consumers’ mobile phones with non-emergency... Read more
Meetings continue between hemp advocates and the White House, signaling that the U.S. Food and Drug Administration’s CBD Enforcement Policy remains under review. On Thursday, hemp and cannabis attorney Shawn Hauser, a partner with Denver-based law firm Vicente Sederberg, along with Eric Steenstra, president of industry advocacy group Vote... Read more
