Campaign Update From Michigan’s Coalition To Regulate Marijuana Like Alcohol
NCIA recently spoke with two key figures in the state of Michigan to get an update from the boots on the ground about the efforts to legalize cannabis for adults this year. Mark Passerini is the founder of a medical dispensary based in Ann Arbor, Om of Medicine, and... Read more
NCIA Launches New Website With Enhanced Member Directory
NCIA is excited to launch our newly-designed website which includes an enhanced member directory feature and more. Visitors to our site will find all the content they are looking for more easily, with a robust home page that features news, blogs, videos, podcasts, industry reports, and more. Finding the... Read more
Wyoming threats force Kroger affiliate, another local grocer to pull CBD products
A Colorado-based grocer backed by national chain Kroger has removed CBD products from one of its stores in Wyoming after warnings from police. Lucky’s Market – a Boulder, Colorado, company that partners with Cincinnati-based Kroger – and Jackson Whole Grocer & Cafe took the CBD off their shelves in... Read more
CBD maker sponsors track school to boost athletics line, conduct research
Isodiol International is seeking to boost its footprint in the CBD athletics space by partnering with a professional track-and-field training school that counts former Olympians among its clients. Here are the basics surrounding the partnership: Isodiol is paying the Altis training school $225,000 to establish a “living lab” and market... Read more
GW Pharma targets price of $32.5K for its FDA-approved CBD drug
London-based GW Pharmaceuticals announced it will charge $32,500 a year for its new epilepsy drug, Epidiolex. While that price tag seems high, CEO Justin Gover told The Wall Street Journal that the price is in line with other brand-name epilepsy medications. Epidiolex, the first cannabis medicine to win approval from... Read more
North Carolina hemp firm seeks tax breaks from CBD extraction facility plans
A North Carolina hemp producer’s renovation of a former factory for CBD extraction sets it up for roughly $238,500 in tax incentives over the next four years. City of Wilson officials are lauding Criticality’s retrofitting for CBD production as an innovative new use for the building, The Wilson Times reported.... Read more
Health Canada creates exemption for hemp farmers to harvest flower
Canadian hemp farmers will be allowed to harvest the entire plant – including flower – before the Cannabis Act takes effect in October. A new exemption issued by Health Canada last week allows farmers to harvest and store previously disallowed parts of the plant, but they won’t be able... Read more
Canadian marijuana grower to buy Polish CBD company for $15.5 million
Canadian cannabis grower The Green Organic Dutchman has agreed to buy a Polish hemp company for $15.5 million. Green Organic Dutchman (TGOD) will pay $7.75 million in cash and the rest in stocks for 100% of HemPoland, a privately held company based in Elblag, Poland. The deal brings TGOD the... Read more
Stricter regulations stifle Michigan CBD market
CBD processing and sales are still legal in Michigan, but now they must be conducted within the revised, regulated medical marijuana market – at a cost many producers see as too high. Rick Thompson, a board member at the Michigan affiliate of the National Organization for the Reform of... Read more
Soured CBD deal highlights need for ‘persnickety’ due diligence
(This story has been updated from an earlier version.) A tantalizing innovation in the CBD market has turned into a nasty contract dispute that spans the globe. Bomi Joseph, a California plant breeder, is suing CBD Naturals, a company that has been associated with Canadian CBD manufacturer Isodi. Isodiol... Read more
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