A cannabinoid producer in the Czech Republic is the first to have a CBD novel food application declared “valid” by EU authorities and move forward for a risk assessment. CBDepot’s application for the authorization of synthetic cannabidiol was sent to the European Food Safety Authority (ESFA) for a risk... Read more
A Quebec, Canada-based supplements company announced the installment of two new members to the company’s board of directors. Neptune Wellness Solutions of Laval, Quebec, on Tuesday said Joseph Buaron and Michael A. de Geus were joining the company’s board. Buaron has two decades of experience as a chief technology... Read more
Epidiolex, the only plant-derived cannabis drug approved by the U.S. Food and Drug Administration, is no longer considered a controlled substance, providing a boost to its manufacturer’s stock price. GW Pharmaceuticals, a biopharmaceutical company based in London, saw its stock go up 5.9% on Tuesday, one day after the... Read more
A trove of business records from a 20th-century Kentucky hemp processor are now in the hands of the University of Kentucky. A family in Bourbon County donated some 17 boxes of records from the family decortication and processing business that operated from roughly 1900 to 1940. The university’s Special Collections... Read more
The co-founder of a defunct Connecticut holding company and CBD and hemp store has been charged by the Securities and Exchange Commission with bilking investors. In addition to his holding company, Halitron Inc., Bernard Findley was the co-founder of Hopp & Hemp Co., which sold CBD and other hemp products,... Read more
Two beer giants had big plans to sell CBD infused beverages in Canada by the end of last year. But only one has hit shelves yet, underscoring the challenged cannabis drinks market in Canada. Fluent Beverage Co., a partnership between St. Louis, Missouri-based Anheuser-Busch InBev and Canadian cannabis giant... Read more
The CBD business side of Columbus, Ohio-based cannabis retailer Green Growth Brands is going into receivership, just a few weeks after it said it wants to sell the struggling business. The company announced Friday that it filed a motion to appoint a receiver with the Franklin County Court of... Read more
A California hemp growing company is trying to legally compel a sheriff’s department to release documents explaining why the agency destroyed 459 acres of hemp that authorities thought were marijuana. No one was arrested or charged after the Kern County Sheriff’s Office bulldozed what Apothio LLC claims were hundreds... Read more
The initial public offering for “blank check” company Collective Growth Corp. continues to be delayed on the Nasdaq because of the volatile stock market and uncertainty caused by the global coronavirus outbreak. The newly organized company, led by former Canopy Growth Corp. executives Bruce Linton, Tim Saunders and Geoff... Read more
Hemp growers will have more young plant options to choose from as a result of a new joint venture between Vancouver-based plant company 3 Rivers Biotech and JRT Nurseries, a plant grower with locations in Aldergrove, British Columbia, and Lynden, Washington. The two companies will work together to produce... Read more
