‘They just suffocated the farmers’: Proposed THC testing for hemp sparks industry backlash
Farmers and ancillary hemp businesses are not happy with the THC testing standards outlined within the U.S. Department of Agriculture’s (USDA) interim federal rules for hemp production. The rules require that hemp crops not exceed 0.3% total THC, which is derived from the sum of delta-9 THC and THCA content,... Read more
Charlotte’s Web blames lack of FDA direction for slow revenue growth
CBD giant Charlotte’s Web said slow action by federal health regulators is causing disappointing growth in mass-market retail channels. The Boulder, Colorado, company told investors Wednesday that “a lack of regulatory direction” from the U.S. Food and Drug Administration (FDA) is slowing growth in food, drug and mass (FDM)... Read more
Exclusive Webcast: Breaking down the USDA’s hemp rules
Shawn Hauser After decades of prohibition, hemp is now an agricultural commodity like any other, regulated by the U.S. Department of Agriculture (USDA). But there’s a lot to unpack in the USDA’s new hemp rules. In an exclusive webcast, Hemp Industry Daily editor Kristen Nichols sits down with Vicente... Read more
CBD company plans aromatherapy, cosmetics focus in new partnership
A Canadian supplements company that makes CBD extracts plans to focus on aromatherapy topicals through a collaboration with a prominent flavorings and scents firm. Neptune Wellness Solutions of Laval, Quebec, which makes fish-oil supplements and cannabinoid oils, said Monday it is giving $24 million worth of stock warrants to... Read more
Lawsuits, delays and an explosion: Troubles mount for Kentucky hemp pioneer GenCanna
A Kentucky hemp company that helped pioneer large-scale CBD production methods and takes some credit for getting the hemp plant legalized is now facing a cascade of business challenges. First, delays piled up at GenCanna’s rural Kentucky processing facility that the company envisions making a processing hub for several... Read more
FDA won’t be hurried to create CBD exceptions amid safety concerns, official says
A top official for the U.S. Food and Drug Administration (FDA) said the agency is concerned that developing a legal exception for supplements containing CBD could send the wrong message, both to companies interested in entering the market and consumers. Lowell Schiller, the FDA’s principal associate commissioner for policy... Read more
NYPD seizes Vermont hemp shipment, mistakes it for marijuana
New York City police seized a shipment of what it believed to be 106 pounds of marijuana and arrested the buyer on criminal charges, but the Vermont farm that shipped the product said it’s legal hemp, not MJ. Fox Holler Farms, a hemp farm based in New Haven, Vermont,... Read more
Florida company faces liability lawsuit over possible CBD vape illness
(This story has been updated with a company response.) South Florida manufacturer JustCBD is being sued by a woman in the U.S. Virgin Islands who says she was sickened by one of its vape products. The woman alleges that CBD vape oil made by the Hollywood, Florida, company caused... Read more
Amid EU limits on CBD foods, UK industry group launches new effort to stay on store shelves
A new industry group launching in the United Kingdom on Friday aims to get a reprieve from European rules enforcement by working with food regulators when selling CBD products, a departure from hemp producers who are seeking to undo the rules. The new Association for the Cannabinoid Industry (ACI)... Read more
Chart: CBD retail landscape is rapidly evolving
After spending years as a niche item in specialty stores, CBD-infused products have found their way onto the shelves of prominent retailers – and the ingredient’s presence and availability may yet increase. This week, CBD companies announced a number of new distribution deals. Consider: Southeastern Grocers joined the CBD... Read more
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