When I think about where I was 5 or 10 years ago, I would have never imagined that this is the career path I would be on. When I left college in 2013 with a Bachelor of Arts in Sociology, I considered so many options. Not one of them... Read more
by Shawnee Williams, Recruiter & Account Manager at Illinois Equity Staffing Recently, we had the pleasure of joining a webinar hosted by NCIA in which they discussed the state of the Illinois market. The #IndustryEssentials presentation covered topics such as Illinois House Bill 1438, social justice reform, licensing and... Read more
A CBD and hemp-oil manufacturer in Colorado has inked a deal to buy a CBD retailer in Switzerland, its second planned purchase of a Swiss company announced this month. CBD of Denver said Monday that it had signed an acquisition agreement with Royal Green GmbH. Terms of the acquisitionm were... Read more
Three lawsuits filed by Tennessee CBD retailers against local authorities for closing their legal stores during a sting operation in 2018 will move forward, despite the defendants’ appeal to dismiss the allegations against them. In the February 2018 “Operation Candy Crush” sting in Rutherford County, Tennessee, law enforcement officers... Read more
An ornamental flower producer in the United Kingdom that is licensed to grow hemp and medical marijuana has been acquired by a group led by a cannabis investment firm. The U.K.’s Bridge Farm Group, which cultivates ornamental plants, flowers and herbs, announced last week that it was acquired by... Read more
When COVID-19 spread and forced store closures, California-based Papa & Barkley lost about half of the 400 small CBD retail shops where the company was selling its products. Then online sales exploded. Adam Grossman “We’ve seen a pretty dramatic increase in our online transaction volume,” said Adam Grossman, CEO... Read more
by Bryan Passman, Co-founder and CEO of Hunter + Esquire Numerous cannabis organizations have taken advantage of the global health crisis to cut staff and combine positions. We saw the role of HR lead added (yet again!) to the job description of the CEO, CFO, or another officer. Unfortunately,... Read more
A hemp breeding company has developed a partnership with an independent laboratory to offer genetics research and scientific research on consumer goods. The Hemp Mine, a hemp company that breeds hemp varieties and makes consumer hemp products based in Fair Play, South Carolina, is partnering with Allentown, Pennsylvania-based PHR... Read more
It’s no easy time to start a business, and a Kentucky startup looking to turn hemp fibers into wood has had it worse than many. Which makes it odd that company founder Gregory Wilson is all smiles talking about prospects for his company, called Fibonacci. First the company had... Read more
Prominent CBD maker Charlotte’s Web Holdings is pointing to market saturation, legal uncertainty and rising expenses as it reported a loss of $11.5 million last quarter. A year ago, the Boulder, Colorado, company reported a profit of $2.5 million. Charlotte’s Web reported revenue last quarter of $21.5 million, down about... Read more
