Neptune Wellness Solutions has appointed a new chief financial officer, Toni Rinow. Rinow has 20 years of business experience and is “well known for accelerating revenue streams through acquisitions, corporate development, sales and marketing, and financing,” the company said in its announcement Wednesday, the day Rinow started her new... Read more
CBD companies are shifting production to make and distribute hand sanitizer for frontline medical workers and public safety officials. (Photo courtesy Harbor Health Co.) Private and public companies nationwide have rallied to donate money and supplies in the fight against the coronavirus pandemic – hemp and CBD companies among... Read more
(This is an abridged version of a story that appears in the April issue of Marijuana Business Magazine.) Necessity, they say, is the mother of invention. Just ask Carla Boyd, who first started cooking with hemp ingredients to manage food allergies and eventually launched a company built around her... Read more
The U.S. Food and Drug Administration has sent warning letters to three more CBD retailers for making COVID-19 claims. Letters were sent to Indigo Naturals and Native Roots Hemp on Monday, and to CBD Online Store on Wednesday. The FDA warned them to stop making claims linked to the coronavirus... Read more
More money may be available to hemp businesses as the Federal Reserve announced plans on Thursday to release up to $2.3 trillion in loans to help the U.S. economy through disruptions caused by the coronavirus crisis. The announcement came just moments after the U.S. government reported that 6.6 million new... Read more
The federal government is releasing trillions of dollars to help small businesses stay afloat in this time of crisis. How can your hemp company get the help it needs? The clock is ticking to register for Hemp Industry Daily’s live webcast, “Tapping the Stimulus Package and Other Business Assistance Programs,”... Read more
New York state’s attorney general has ordered a CBD company to stop marketing one of its products as “immunity oil” against the coronavirus. Attorney General Letitia James said “consumers have encountered these false claims in email campaigns” by the company called Finest Herbalist, the Daily Voice reported Wednesday. The emails have... Read more
Charlotte Figi, the namesake of a Colorado CBD company who became a symbol for the therapeutic potential of cannabidiol and medical cannabis, has reportedly died from complications associated with COVID-19, the illness caused by the coronavirus pandemic. Charlotte’s death was announced late Tuesday in a Facebook post by a... Read more
Farmers who say they’re not getting needed assistance from federal coronavirus relief are looking to Congress to change an oversight keeping them from accessing help from the Small Business Administration. Eighty-six members of Congress wrote to SBA administrator Jovita Carranza on Thursday asking for “immediate attention and swift action” to ensure... Read more
France, Italy and the Netherlands are leading the pack when it comes to industrial hemp cultivation in Europe, according to the most recent data available. More than 50% of industrial hemp in Europe was planted in those three countries, and the amount planted across the continent rose 3.3% in 2018... Read more
