Colorado voters on Tuesday made it easier to change the definition of industrial hemp. State residents approved a constitutional amendment, Amendment X, to allow state lawmakers to change the THC limits for cannabis that can be considered hemp and not marijuana. Previously, the state constitution defined hemp as cannabis... Read more
Sales are underway for the first CBD drug approved by the U.S. Food and Drug Administration. The drug, Epidiolex, treats two rare types of epilepsy and is made from marijuana plants grown in the U.K. The maker of the medication, GW Pharmaceuticals, has said the tincture would cost about... Read more
A long-simmering trademark dispute over the word “entourage” got wider this week, with one company asking others in the hemp industry to share how they use the term. Full Spectrum Nutrition, a CBD manufacturer in Colorado Springs, Colorado, is calling for other businesses to help it challenge a 2016... Read more
Some Canadian hemp farmers want to see their country capitalize on hemp’s trendiness by starting an agency to promote the plant’s health benefits and research better ways to grow it. The farmers want to tax their hemp sales at 0.5%, with the money going to fund promotions and research, similar to... Read more
A batch of hempseeds in Oregon billed as CBD-rich females that turned out to be neither feminized nor high in the cannabinoid has led to a $21.2 million lawsuit. That’s how much six people say they lost after the seeds resulted in inferior plants, leading to the lawsuit against three... Read more
Hemp changes don’t garner public attention the same way marijuana questions do, but ballot measures in a few key states could have a big impact on those markets. Voters in Colorado, the nation’s top-producing hemp state, will decide Nov. 6 whether to change the state constitution to make it... Read more
Lack of significant research on the effect of cannabinoids has long been a bane to the CBD and hemp industries. But in the wake of the U.S. Drug Enforcement Administration’s decision to reschedule some cannabis-derived products, researchers are looking for ways to open and capitalize on new markets and... Read more
A Canadian cannabis company has bought a Polish hemp firm to expand CBD production in Europe. International Cannabis Corp. (ICC) announced Tuesday that it has acquired Polannabis Holdings, which includes a company that grows 850 acres of hemp and has licenses to extract CBD. ICC is paying 2.5 million... Read more
(This is an abridged version of a story that appears in the September issue of Marijuana Business Magazine.) Athletes have long used cannabis products to fight inflammation and recover from injury, but drug-testing rules and marijuana stigma have often kept it a locker-room secret. That’s all changing now, thanks to... Read more
CBD producers and retailers in some of the nation’s largest markets say they’re pressing on despite hostile statements from their state regulators that CBD won’t be allowed. Bans in several markets have largely been met with spotty enforcement, CBD entrepreneurs say, and the impact to business has been mixed.... Read more
