Publicly traded hemp, CBD companies may have to repay small business loans
Hemp companies that are publicly traded and received emergency small-business loans may have to repay those funds under new guidance from the U.S. Treasury Department. When the first round of economic stimulus funding under the CARES Act ran dry last week, publicly traded companies that received loans began to... Read more
Mexico moves toward legal hemp, marijuana despite latest delay
It’s become a common theme in Mexico that deadlines to legalize hemp and marijuana come and go, but lawmakers had no control over the latest delay. As the coronavirus spread across the globe, lawmakers had to cancel further action in late March, missing an April 30 deadline Mexico’s supreme... Read more
CBD maker, conservationist Jane Goodall partner to support environmental initiatives
A Canada-based CBD manufacturer has entered an exclusive partnership with wildlife conservationist Jane Goodall to co-develop natural health and wellness products that will help support environmental conservation and reforestation initiatives. Neptune Wellness Solutions Inc., headquartered in Laval, Quebec, will work with Goodall to develop plant-based hand sanitizers, essential oils... Read more
Australian government unveils proposal for over-the-counter CBD
Australia has published a framework for new CBD regulations as it considers relaxing its narcotics scheduling of cannabidiol to make it available over the counter in limited doses. The Health Department proposal, revealed on Friday, could open a large new market in a nation with a thriving gray market for... Read more
Committee Blog: Facts About Current Good Manufacturing Practices (cGMPs) And Their Role In The Cannabis Industry
By Ellice Ogel, Tyler Williams, Peter Dougherty, David Vaillencourt, Trevor MoronesNCIA’s Cannabis Manufacturing Committee A Primer on current Good Manufacturing Practices What are GMPs? Good Manufacturing Practices (GMP) are minimum requirements to ensure that products are created in a manner that ensures they are of consistent quality and safe... Read more
Webinar: NCIA Committee Insights – Managing Novel Risks During the COVID-19 Crisis
The NCIA’s Risk Management and Insurance Committee presents a conversation regarding how cannabis operators can mitigate the risks that the coronavirus presents to their customers, their employees, and their businesses. Get actionable advice and expert insights regarding how to manage your risk and avoid potential liability while keeping your... Read more
Webinar: #CannaBizSummit Speaker Series – Hacker-Proof Your Remote Operations
Join us on Monday, April 27 at 1:00 PM MT for this #CannaBizSummit Speaker Series webinar. As companies reacted to the workplace changes COVID-19 required, many cannabis companies made rapid decisions to work-from-home, added curbside pickup, and enhanced delivery services. These decisions lead to additional security risks, and with... Read more
CBD brand Elixinol names second new CEO in a month
International CBD brand Elixinol has appointed a former supplement-industry executive as its new global CEO – the Australian company’s second management reshuffle in less than a month. Oliver Horn formerly served as head of Swisse Wellness for Australia, New Zealand and North America. He takes over from Stratos Karousos... Read more
Lebanon legalizes low-THC medical cannabis production
The Lebanese parliament has approved a law that allows the cultivation of cannabis up to 1% THC for medical purposes. The proposed law, which isn’t yet final, would make Lebanon the first Arab nation to legalize cannabis in some form. Lebanon’s parliament approved the law amid demonstrations against “worsening economic and social... Read more
Foreign agricultural workers exempt from Trump’s immigration ban
President Donald Trump this week announced he would suspend all immigration into the U.S. during the coronavirus outbreak – but the ban makes a few exceptions to support the economy and agriculture. On Tuesday, President Trump said he would sign an executive order blocking permanent residency visas or greencards... Read more
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