North Coast Natural Solutions, a Cleveland hemp manufacturing facility that hasn’t yet opened, is being sued by two employees who claim they haven’t been paid for more than a month of training. Ty Williams, CEO of Level 5 Global Corp., a Maryland-based business consulting firm, announced last fall that the company... Read more
As the hemp industry anticipates the U.S. Food and Drug Administration’s (FDA) first public hearing to start the process of regulating hemp extracts such as CBD in food, beverages and cosmetics, among others, a former dietary supplement executive now working with San Diego-based CBD manufacturer CV Sciences offers insight... Read more
Charlotte’s Web, a Colorado-based CBD manufacturer, said it has raised 140 million Canadian dollars ($105 million) in a share offering. The move, in which existing shareholders sold some of their shares, was part of the company’s plans to raise up to CA$500 million. The overall raise will likely be... Read more
Hemptown USA, a multistate hemp producer and CBD company, completed a $23 million round of financing last week, allowing it to move forward with ambitious expansion plans in Colorado, Kentucky, Northern California and Oregon. The company will use the raise to purchase $5.5 million worth of Oregon CBD seeds.... Read more
For a CBD company looking to see its products sold alongside traditional supplements and functional foods, what better place to look than a longtime executive from the natural-products world? In late March, San Diego-based CBD manufacturer CV Sciences brought on Douglas Mackay, a naturopathic doctor and former senior vice... Read more
Iowa farmers will have the option of growing industrial hemp next year under a law signed by Gov. Kim Reynolds on Monday. The Iowa Hemp Act passed the Legislature last month with overwhelming support. The law allows licensed growers to cultivate the crop on up to 40 acres. But... Read more
A guarantee about hemp crop insurance may be added to a stalled disaster-aid bill pending in the U.S. Senate. According to The Washington Post, hemp advocate and Senate Majority Leader Mitch McConnell of Kentucky is trying to add language to the legislation to ensure hemp will be eligible for... Read more
European CBD producer HemPoland signed a distribution agreement with pharmaceutical distributor Mediakos to enter the German CBD market. Through the agreement, HemPoland’s CannabiGold products will be available in pharmacies across Germany as well as on their respective e-commerce platforms. HemPoland is a subsidiary of Toronto-based The Green Organic Dutchman (TGOD). “With a... Read more
Blueberries Medical, a Bogota, Colombia-based medical cannabis producer, has been cleared to produce and export CBD products from Colombian food and drug surveillance regulator Instituto Nacional de Vigilancia de Medicamentos y Alimentos (INVIMA). The five-product suite is Blueberries’ initial entry in the CBD market and includes creams, lip balm... Read more
Citing a need to “open up new commercial markets for farmers,” Georgia has legalized hemp farming in a new law that allows cultivation for all purposes, including CBD-infused foods. The law signed by Gov. Brian Kemp on Friday sets up licenses for farming and processing hemp and allows “all products with... Read more
