Three cannabis veterans who helped grow a Canadian firm into the biggest company in cannabis are setting their sights – and up to $175 million – on the U.S. hemp supply chain beyond just flower products. Bruce Linton and Tim Saunders, the former CEO and CFO of Canopy Growth,... Read more
An Ohio-based cannabis retailer that owns the nation’s largest chain of CBD retail kiosks in malls is selling most of that business to focus on running marijuana dispensaries instead. Green Growth Brands’ announcement last week caps a tumultuous year for the company, which laid off 50 workers in September... Read more
By Michelle Rutter Friberg, NCIA Deputy Director of Government Relations There’s no shortage of work to be done in cannabis policy reform here in Washington, D.C. and it seems like there’s never enough hours in the day! That’s why for more than two years, the NCIA D.C. office has... Read more
The United Kingdom became a trailblazer in national CBD regulation earlier this month when its Food Standards Agency set a deadline for the industry to apply for EU safety evaluations as a “novel food,” and also provided consumption guidelines to consumers. The UK guidelines, which do not apply to... Read more
Minnesota regulators are calling for a one-stop office that would oversee all aspects of hemp and medical marijuana – as as a potential adult-use MJ market. The office also would oversee the state’s fast-growing CBD market. A central office, among other things, would help the state deal with unregulated and... Read more
Tune in to episode #2 of our new monthly video series: NCIA Today! Off the top, Bethany looks back at #NECannaBizCon in Boston, MA this past month, our first trade show of 2020. In our policy update, Bethany discusses “The Key to Consumer Safety: Displacing the Illicit Cannabis... Read more
Dozens of employees have been laid off from an Oregon-based CBD company that launched less than five months ago, according to a newspaper report. Between 30 and 40 workers lost their jobs at Sentia Wellness, according to Oregonian sources. The company did not release an exact number. Located in Portland,... Read more
Canada’s public health agency is putting together its committee to study the potential health benefits of products containing cannabis. Health Canada announced Thursday that it will begin taking nominations for a panel of experts who “will provide independent scientific and clinical advice to support the Department’s consideration of appropriate... Read more
by Meghan McCormick, Ph.D, Spektrum Cannabis Technologies With the expanding decriminalization of marijuana and hemp and increasing market demand for cannabis concentrates, more people are assuming the role of pseudo-chemists or lab technicians without formal training. People no longer need to ‘break bad’ by extracting and processing cannabis in... Read more
Kristen Nichols is the editor of Hemp Industry Daily. (This is an abridged version of a column that appears in the February issue of Marijuana Business Magazine.) Sometimes the most basic advice is the hardest to follow. Floss every day! Save more for retirement! The list goes on. … Politicians are no... Read more
