Canadian bast fiber company raises $3.3M from angel investors
A Canadian company that makes natural nonwoven fibers says it has raised $3.3 million, mostly from angel investors, to help finish developing a proprietary processing plant in Europe. Victoria, British Columbia-based Bast Fibre Technologies made the announcement this week, saying the investors are buying common shares and will get... Read more
Driving High? Information From The CO Department of Transportation
Since Colorado became the first state to legalize recreational marijuana in 2014, the Colorado Department of Transportation (CDOT) has used its unique position to remain on the forefront of traffic safety campaigns for marijuana-impaired driving. CDOT recently launched its new Drugged Driving Colorado website, DriveHighDUI.com, which features telling insights,... Read more
Canada’s NewLeaf Brands changing name to reflect focus on mushrooms
Canadian CBD company NewLeaf Brands Inc. is changing its name to Mydecine Innovations Group Inc. to reflect its focus on developing strains of psychedelic mushrooms. The Vancouver, British Columbia-based company will now be called Mydecine Innovations Group Inc. and its ticker on the Canadian Stock Exchange is changing from NLB to... Read more
‘Colombia is very well positioned to outcompete’ on hemp: Q&A with Savanna Ventures’ Manuel Baselga
The market for exporting hemp from Colombia to the rest of the world is getting off the ground and Manuel Baselga sees a bright future for the commodity in his country. Baselga is co-founder and board member of Savanna Ventures, a venture capital firm investing in cannabis companies internationally,... Read more
Hemp sections gutted from North Carolina farm bill to ensure House passage
Lawmakers in North Carolina stripped all proposed hemp regulation from the state’s farm bill in order to get it passed, surrendering their attempt to put more permanent guidelines in place following a months-long spat between farmers and law enforcement over smokeable hemp. State lawmakers in the House voted 86-34 in... Read more
COVID-19 caused hemp farming disruptions and conservative planning in 2020, but farmers still optimistic
As hemp and CBD companies begin to reopen and get back to work with employees on site, there are many actions they can take to keep employees and customers safe. Jonathan Vaught, CEO and founder of plant breeder and young plant provider Front Range Biosciences in Fort Collins, Colorado,... Read more
Canadian marijuana producer shifts to CBD, plans to buy 300,000 lbs of hemp biomass
A Canadian marijuana producer has announced it’s shifting to processing and extracting hemp biomass into CBD concentrates by signing a purchase agreement with a leading supplier of high-CBD industrial hemp. Calgary-based RMMI Corp. announced Tuesday it plans to buy 300,000 pounds of high-CBD hemp biomass from Clearwater CannaGrow Ltd.... Read more
South Africa permanently removes some CBD products from narcotics scheduling
South Africa has amended its drug law to allow some CBD products to be available over the counter, making a temporary rule on non-prescription CBD permanent. Certain CBD medicines and full-spectrum cannabis-derived products will no longer be subject to medical controls, according to a notice in the official gazette... Read more
NCIA Committees: Now Accepting Applications For 2020-2021 Term!
NCIA is excited to announce that we are accepting applications for the 2020-21 Committee term! We need your skills, passion, and wide-ranging perspectives to build upon our energetic, inclusive, and innovative committees. NCIA committees are an opportunity for our members to get engaged in specific industry issues and sectors... Read more
Sponsored Blog: A Different Way To Consume Cannabis
Sponsored blog post by Dynavap There’s more than one way to consume cannabis — through the more traditional method of smoking with a pipe or joint, or through newer methods of vaping. Both will get the job done, but with vaping, there are certain benefits that allow better taste... Read more
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