With the cannabis industry customer acquisition and service models disrupted by the pandemic it’s critical to understand that what you do today will affect your business now and have a large impact on your future. Adjusting communications to focus on brand and strengthening bonds with existing customers will help... Read more
Ongoing CBD review by the U.S. Food and Drug Administration shouldn’t mean that CBD makers can’t face labeling lawsuits, a federal judge in Florida ruled. The ruling means that Diamond CBD of Fort Lauderdale cannot await FDA guidelines before facing a 2019 allegation that it misrepresented the amount of CBD... Read more
The U.S. Food and Drug Administration is warning the company of former NFL player Kyle Turley to stop claiming that CBD is an effective treatment for coronavirus. In a letter dated Tuesday, the FDA ordered Turley’s company, Las Vegas-based NeuroXPF, to stop “misleadingly representing your products as safe and... Read more
Kristen Nichols is the editor of Hemp Industry Daily. (This is an abridged version of a column that appears in the March issue of Marijuana Business Magazine.) It’s hard not to laugh some days at the onslaught of novel CBD products. Folks are advertising the cannabinoid in a head-scratching array of products,... Read more
Call it a benefit of being on the legal side of the cannabis business. Legal hemp businesses are eligible for emergency loan assistance and other lifelines included in the $2.2 trillion economic stimulus signed into law last week to hold off economic devastation from the coronavirus pandemic. You can... Read more
Canada’s national hemp-promotions association is asking seed breeders to submit new varieties for testing in 2020, with an eye toward sending more low-THC varieties to Health Canada for approval. The Canadian Hemp Trade Alliance told members Tuesday that it wants to test at least nine new seed varieties in 13... Read more
A CBD store in Texas has started a drone delivery service to adhere to social distancing measures to help slow the spread of the coronavirus. John Elmore, the owner of Green Cross CBD in Austin, told broadcaster KTBC that he was sterilizing products and offering curbside pickup before he... Read more
The BRN Group, a New York-based branding company, says it is still interested in buying the CBD business of Green Growth Brands, an Ohio-based retailer that announced plans in late February to sell most of its interest in a line of mall kiosks selling hemp-derived CBD products. However, the... Read more
Colorado-based CBD maker Charlotte’s Web has named a new chief operating officer to replace Stephen Lermer, who left the company Jan. 31. The Boulder company said in a release that David Panter is its new COO, effective Monday. Charlotte’s Web said Panter has more than 20 years of “global... Read more
by NCIA’s State Regulations Committee If you want to open and operate a regulated cannabis business, there’s no avoiding local government. Every state grants different amounts of power to towns and cities, with some allowing localities to ban cannabis businesses outright, and others simply giving them the same power... Read more
