Kristen Nichols (This is an abridged version of a column that appears in the August issue of Marijuana Business Magazine.) It isn’t just the guys and gals making high-THC products who confront illicit competition. Hemp entrepreneurs see it, too. The fact was driven home recently when a CBD manufacturer I... Read more
A major greenhouse grower based in Canada has inked an agreement to buy part of a cannabinoid seller in Australia to support its ambitions of entering the CBD market in the Asia-Pacific region. Village Farms International, a grower with greenhouses and partner greenhouses in Canada, the U.S. and Mexico... Read more
A Las Vegas-based company preparing to launch a brand of CBD-containing hemp cigarettes later this year has appointed a former Philip Morris strategist as its CEO. Taat Lifestyle & Wellness Ltd. said in a statement that Setti Coscarella was uniquely suited to the CEO role given his experience in... Read more
Cannabis Uruguay Ltda. (UCAN), a cannabis cultivator and processor in Montevideo, has exported its first shipment of dried flowers to Switzerland via Germany. The company’s 50-kilogram shipment of dried cannabis flower landed in Frankfurt on Saturday and arrived in Zurich on Sunday, Jorge Jover, an agronomist who works at... Read more
CBD drug Epidiolex received approval from the U.S. Food and Drug Administration to treat seizures associated with a third medical condition, expanding the range of indications for the cannabis-derived medication. The orally administered drug from Britain’s GW Pharmaceuticals previously was approved by the FDA to treat seizures associated with... Read more
Rocked by a global pandemic and its resulting economic havoc, thousands of CBD companies in the United States will likely shutter in 2020 – but the CBD market will remain flooded with some 1,500 brands jostling for market share, according to cannabis research firm Brightfield Group. The top 20... Read more
Hemp businesses using temporary foreign workers are going to see changing fee schedules for visas starting this fall. The U.S. Department of Homeland Security published a series of fee changes for visas on Monday. Visa programs are funded by user fees, which must be updated to cover costs. The... Read more
Provision would prevent federal interference in all legal cannabis programs, including adult use After approving legislation to protect state cannabis programs in a voice vote on Thursday afternoon, the House of Representatives reiterated its support with a roll call vote of 254-163 hours later. The bipartisan amendment to the... Read more
(This is an abridged version of a feature that appears in the July issue of Marijuana Business Magazine.) How did a dyslexic 13-year-old who learned how to program computers, manage a mainstream pop band and build and sell a national deodorant brand come to lead a cannabis business? Michael... Read more
The U.S. Food and Drug Administration has updated a post on its website to spread the word about a Florida company that recalled a batch of CBD oil after a state agency tested the product and found that it contained dangerous levels of lead. Summitt Labs is voluntarily recalling... Read more
