Chart: Pain, inflammation top reasons why low-THC cannabis interests Canadians
Canadian health authorities say there’s strong demand for over-the-counter, low-THC cannabis such as CBD, and most people want to use it for pain and inflammation if the country were to establish a legal market. That’s the result of a recent Health Canada survey. The agency is considering new rules... Read more
Report: NFL players’ union warns members not to endorse CBD products
The NFL Players Association has updated its policy to discourage athletes from endorsing products that contain CBD or other cannabinoids. The NFLPA wrote in an email sent last Thursday that its Commercial Substances Policies and Endorsements section has been updated to read: “NFL players, coaches, and other employees must... Read more
Embattled CBD exec says PPP loan was returned, jet bought with personal money
The CEO of a failed CBD company accused by investors of misspending funds and getting a bogus coronavirus-relief loan says the loan has been returned and that credit-card expenses challenged by disgruntled investors were for legitimate business purposes. Patrick Horsman, whose company Integrated CBD launched in Arizona but failed... Read more
Top EU court to issue final ruling on France’s CBD ban on Nov. 19
The European Union’s top court will deliver its final ruling on the Kanavape case and the legality of France’s ban on hemp-derived CBD on Nov. 19. The Court of Justice of the European Union announced the ruling date on its judicial calendar. The case, which centers on a dispute... Read more
Time running out to weigh in on DEA rule about hemp extracts
Time is running out for public comment on a proposed U.S. Drug Enforcement Administration rule that hemp industry supporters say wrongly criminalizes extracts from the plant. The comment period for the rule over the federal agency published August ends Tuesday. At issue is whether the DEA is simply updating its... Read more
Hemp Industry Daily launches annual industry survey for business data
The chance has arrived for hemp industry executives and investors to help put numbers behind the hype by participating in the annual Hemp Industry Daily survey. The survey helps the Colorado-based HID provide key market, financial and operational data for business and entrepreneurs. The anonymous survey can be taken... Read more
Member Blog: Are You Practicing Your A, B, R’s? Yes, “R.”
by John Serrantino, co-founder and Chief Strategy Officer of EzHire Cannabis Why it is critical to “Always Be Recruiting” in the cannabis industry and how to do it.  The cannabis industry is primed for unprecedented growth in the coming months. Today posting a job can yield thousands of candidates... Read more
New $102 million equity fund targets science, tech hemp and MJ businesses
Pennsylvania-based Intrinsic Capital Partners says it raised $102 million in a fund that will invest in science and technology businesses focused on the legal hemp and marijuana industries. “We believe this is … a rare opportunity to invest in a space where there’s tremendous underlying demand, a strong industrywide... Read more
Study: Higher-THC hemp used in Italy as substitute for sedatives, anti-depressants
The sale of hemp flower in Italy has been connected with a decrease in sales of several types of medications, suggesting that some patients chose to dump their prescription drugs in favor of self-medication with an unregulated CBD-based therapy, research by a trio of economists shows. A new study... Read more
Board chair of bankrupt GenCanna diverted funds to his company, lawsuit alleges
The board chairman of GenGanna Global, a Kentucky hemp and CBD company that went bankrupt, diverted more than $4 million in cash and benefits to his hemp company, according to a lawsuit. A lawsuit filed by OGGUSA Inc., GenCanna’s new name since the bulk of its assets were sold,... Read more
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