Charlotte’s Web CEO eyes consumer data: ‘Consumers want to know that you know them’
Charlotte’s Web CEO Deanie Elsner This session and other MJBizCon 2020 content is available on demand. This story first appeared at Marijuana Business Daily. Consider consumer-related data such as purchasing behavior your friend – a tool companies can use to personalize their pitch to attract and retain customers. That was the message... Read more
Whole Foods CEO: CBD product dosing needs improvement or consumers will walk
John Mackey’s keynote address and his fireside chat with Marijuana Business Daily CEO Chris Walsh as well as other MJBizCon 2020 content is available on demand. For the CBD industry to have staying power, products need to be dosed effectively or consumers will become cynical about the much-hyped commodity,... Read more
EU officials resume review of CBD novel food applications after ditching narcotic stance
European regulators have resumed their review of novel food authorization applications for CBD products after the commission abandoned its preliminary stance that cannabidiol should be treated as a narcotic. The European Commission, the executive arm of the European Union, says the change comes after a landmark court decision that... Read more
Hemp industry groups seek feedback on possible checkoff program
Hemp industry groups want to hear from producers and farmers about whether they would support having a national checkoff program to raise money for industry research and promotion. The National Industrial Hemp Council and the Hemp Industries Association launched the survey and are collecting responses until Dec. 15. Checkoffs... Read more
Latest hemp investor group files plans to raise $100 million
Another group of investors has filed plans to create an enormous blank-check company that will invest in hemp-derived consumer goods. The latest entry in a wave of cannabis-related blank-check efforts comes from Ackrell SPAC Partners I Co., which filed Tuesday with the U.S. Securities and Exchange Commission and seeks... Read more
Federal health officials solicit public for data on CBD treatments for pain
U.S. health officials are asking for research about how hemp-derived cannabinoids and other plant-derived treatments affect chronic pain. The Agency for Healthcare Research and Quality, part of the U.S. Department of Health and Human Services, opened a four-week call for submission Wednesday. They’re conducting a systematic review on pain... Read more
Gene-editing cannabis biotech to breed hemp seeds in San Diego
An Israeli company applying gene-editing tools to cannabis has bought a farm in San Diego and plans to start producing hemp seeds. CanBreed says it acquired 3.5 acres near San Diego. CanBreed is the first biotech in cannabis to commercially license a gene-editing technology called CRISPR. The technology was... Read more
BREAKING: European Commission reverses course, says CBD should not be regulated as a narcotic
Want to learn more about cannabis regulations in Europe? Check out the Europe Market Forum at MJBizCon, available on demand. Makers of CBD foods and supplements no longer face the prospect of a blanket ban in Europe after the European Commission revised its preliminary stance that CBD should be... Read more
Nielsen predicts Amazon entry into U.S. CBD retail at MJBizCon hemp forum
Learn more about the state of  retailing in the marijuana industry at MJBizCon 2020. E-commerce behemoth Amazon is likely to get involved in hemp CBD U.S. retail, according to a forecast revealed during the Hemp Industry Daily Forum as part of the cannabis industry’s flagship conference, MJBizCon. Sales of... Read more
USDA offers new and expanded hemp crop insurance options
Federal agriculture officials have announced additional coverage options through the pilot Multi-Peril Crop Insurance plan, allowing hemp producers more options for protecting their crops in the 2021 crop year. “Hemp offers exciting economic opportunities for our nation’s farmers, and we are listening and responding to their risk management needs,”... Read more
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