Three lawsuits filed by Tennessee CBD retailers against local authorities for closing their legal stores during a sting operation in 2018 will move forward, despite the defendants’ appeal to dismiss the allegations against them. In the February 2018 “Operation Candy Crush” sting in Rutherford County, Tennessee, law enforcement officers... Read more
An ornamental flower producer in the United Kingdom that is licensed to grow hemp and medical marijuana has been acquired by a group led by a cannabis investment firm. The U.K.’s Bridge Farm Group, which cultivates ornamental plants, flowers and herbs, announced last week that it was acquired by... Read more
When COVID-19 spread and forced store closures, California-based Papa & Barkley lost about half of the 400 small CBD retail shops where the company was selling its products. Then online sales exploded. Adam Grossman “We’ve seen a pretty dramatic increase in our online transaction volume,” said Adam Grossman, CEO... Read more
A hemp breeding company has developed a partnership with an independent laboratory to offer genetics research and scientific research on consumer goods. The Hemp Mine, a hemp company that breeds hemp varieties and makes consumer hemp products based in Fair Play, South Carolina, is partnering with Allentown, Pennsylvania-based PHR... Read more
It’s no easy time to start a business, and a Kentucky startup looking to turn hemp fibers into wood has had it worse than many. Which makes it odd that company founder Gregory Wilson is all smiles talking about prospects for his company, called Fibonacci. First the company had... Read more
Prominent CBD maker Charlotte’s Web Holdings is pointing to market saturation, legal uncertainty and rising expenses as it reported a loss of $11.5 million last quarter. A year ago, the Boulder, Colorado, company reported a profit of $2.5 million. Charlotte’s Web reported revenue last quarter of $21.5 million, down about... Read more
EU flags wave in front of the European Commission in Brussels, Belgium. European regulators say they are willing to accept the hemp industry’s joint application efforts to demonstrate CBD safety in foods – but they have some words of caution about what collaborations will be acceptable. The European Food... Read more
Agriculture officials in Arkansas are saying most of the state’s hemp farmers lost money last year, but the agriculture department is still seeing increased interest from new farmers and processors for 2020. The Arkansas Department of Agriculture has issued licenses to 152 growers and 39 processors for the 2020... Read more
France’s blanket ban on the marketing of all hemp-derived CBD products contradicts EU law on the free movement of goods, an adviser to the Court of Justice of the European Union said in a legal opinion on Thursday. The advocate general’s opinion, if followed by the top EU court,... Read more
A cannabinoid scientist in Colorado is being tapped to develop mushroom products for a CBD company that is exploring the market for psilocybin mushrooms. Canadian CBD business NewLeaf Brands Inc. announced that the former research director of a Colorado hemp company, Ebbu, will be their new chief science officer. The... Read more
