International CBD brand Elixinol has appointed a former supplement-industry executive as its new global CEO – the Australian company’s second management reshuffle in less than a month. Oliver Horn formerly served as head of Swisse Wellness for Australia, New Zealand and North America. He takes over from Stratos Karousos... Read more
The Lebanese parliament has approved a law that allows the cultivation of cannabis up to 1% THC for medical purposes. The proposed law, which isn’t yet final, would make Lebanon the first Arab nation to legalize cannabis in some form. Lebanon’s parliament approved the law amid demonstrations against “worsening economic and social... Read more
President Donald Trump this week announced he would suspend all immigration into the U.S. during the coronavirus outbreak – but the ban makes a few exceptions to support the economy and agriculture. On Tuesday, President Trump said he would sign an executive order blocking permanent residency visas or greencards... Read more
Hemp Industry Daily is making its June conference virtual, opening access to more industry operators to hear market insights and learn about new products. The Hemp Industry Daily Conference Direct takes place June 29 to July 1. The event will be hosted on an interactive and immersive online platform... Read more
(A version of this story first appeared on Marijuana Business Daily International.) Brazil’s health authorities have authorized a THC-free oral CBD product, an important milestone for the cannabis industry in Latin America’s largest economy. The oral solution registered to Brazilian pharmaceutical giant Prati-Donaduzzi is the first medical cannabis product authorized for sale in... Read more
Farmers and hemp businesses could soon be able to apply for loans with a second round of federal funding aimed at keeping small businesses afloat through the coronavirus disruption. The U.S. Senate voted Tuesday to pass a $484 billion economic stimulus package after a deal was struck between Congress... Read more
Farmers in Iceland will be allowed to import industrial hempseeds for the first time this year after the health minister gave regulators the power to grant exceptions to the Nordic island’s total ban on cannabis and cannabis products. Health Minister Svandís Svavarsdóttir brought forth an amendment that authorizes the... Read more
A reshuffling at the Hemp Industries Association has Colorado hemp activist Rick Trojan as the group’s new president. The business advocacy organization also named Mike Lewis, a hemp farmer and educator in Lexington, Kentucky, as the group’s new vice president. Trojan replaces former president Joy Beckerman, who left the... Read more
CBD retailers aren’t essential businesses that can stay open despite closure orders in Texas. That’s the ruling from the Texas Department of Emergency Management, the agency that arbitrates which businesses are subject to the state’s stay-at-home order. CBD retailers were among the 3,000 or so businesses asking, to stay open, the... Read more
Even before the coronavirus pandemic, CBD and herbal product manufacturers were getting in trouble with the U.S. Food and Drug Administration for making unsubstantiated claims about their products. But the coronavirus has ushered in more dubious claims – and more warning letters from the FDA directing companies to immediately... Read more
