FDA pledges action against ‘unlawful CBD products’ while offering confidentiality for research
The U.S. Food and Drug Administration said it will continue to “take appropriate action against unlawful CBD products that pose a risk of harm to the public,” even as the federal agency implored the industry to collaborate with the government to study CBD’s possible benefits and dangers. The statement... Read more
Some global cannabis trade events, key for business marketing and growth, feel coronavirus sting
The CannaTech medical cannabis innovation conference was postponed until June 15-16 because of coronavirus concerns. (Photo courtesy of CannaTech) (A version of this story appeared earlier on Marijuana Business Daily.) Some U.S. and international cannabis industry conferences and trade shows – important for marijuana and hemp businesses to market... Read more
Mexican lawmakers give initial OK to hemp and MJ legalization
Mexican lawmakers are a step closer to legalizing marijuana and hemp. Three separate Senate panels approved legislation that would legalize all forms of cannabis, sending the measure to the full Senate. It would still require a vote in another chamber after that. Although there’s still steps to go, the... Read more
Swiss CBD brand looks to luxury branding expert to build European expansion
Swissx Labs, which makes smokable hemp and hemp-derived CBD products, has hired a new sales director to spearhead the brand’s expansion in Europe. Christian Wagner takes the reins as head of sales and marketing in Switzerland after working in luxury branding for high-end hotels and fashion brands. Wagner also... Read more
Ohio begins taking hemp-growing applications
Ohio farmers began applying for three-year permits Tuesday to start growing hemp in the state this year. Ohio was among the first three states in the country in December to have the U.S. Department of Agriculture approve their rules for growing and processing hemp. The Ohio Farm Bureau predicts the plant... Read more
Concerns looming over coronavirus impact on hemp industry, but some US firms could gain from fallout
(A version of this story appeared earlier on Marijuana Business Daily.) Hemp companies of all stripes – from growers to retailers – are likely to join other global industries feeling the fallout from the coronavirus outbreak. That’s largely because so much inexpensive cannabis hardware is made in China. It... Read more
Committee Blog: Why We Should Know About Our Endocannabinoid System
By Ann Allworth, Founder & CEO, Cannabis Education SolutionsMember of NCIA’s Scientific Advisory Committee So why should we know more about our endocannabinoid system? The short answer is: that we should all be in awe of it! Here’s why; although not widely known, the Endocannabinoid System (ECS) is extraordinarily... Read more
Watch The Webinar: An Insight into Cannabis Attitudes, Uses, and Trends
This informative webinar recording from January 28, 2020, provides insight into recent market research on state-by-state consumer attitudes, usage, and trends. Cannabis consumer segments and profiles will also be presented along with media consumption and lifestyle attributes, along with preference insights from medical dispensaries and the role of cannabis in the treatment of severe pain... Read more
CBD manufacturer snags $5 million from private equity firm
A New York-based company that makes hemp-derived CBD supplements, drinks and cosmetics has secured $5 million from a European private equity firm in a cash-for-stock deal. Emerald Organic Products, which makes CBD products under the Pura Vida Vitamins label, on Tuesday announced the deal with Bedrock Group Holdings, a... Read more
2 Canadian cannabis production companies settle legal dispute
Two Canadian companies that formed a joint venture to sell hemp and marijuana have settled a legal dispute over which owned more of the business they created. Village Farms International and Emerald Health Therapeutics on Tuesday announced the settlement, which stipulates that Village Farms will own 57.4 % of... Read more
( ) ( ) ( ) ( ) ( ) ( ) ( ) ( )