New York's state health department has released regulations for making and selling hemp extracts in food, drinks, vapes and cosmetics.
A Kentucky tobacco company is deploying $15 million to a Los Angeles marijuana vape company that plans to expand its footprint by building out a line of THC-free CBD products.
Colorado-based Pet Releaf, maker of CBD products for pets, has named Rod Millott as its new chief financial officer. The position was newly created as the company experiences “momentous growth,” said Stephen Smith, Pet Releaf co-founder and president. “We are thrilled to welcome Rod to the Pet Releaf team and are confident he will make […]
Standard Dose, a wellness brand and CBD retailer in the United States, has launched a U.K. website and inked a distribution deal with John Lewis & Partners, a multichannel retailer that operates more than 40 department stores across Great Britain.
Upscale CBD retailer flexes into UK with distribution in British department store, UK website is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs
The hemp industry is voicing concern about a U.S. Drug Enforcement Agency rule that opponents argue would make extracts a Schedule 1 controlled substance during a period of the extraction process when the plant’s THC levels rise above what’s allowed. The DEA published the rule in August to align its regulations with hemp legalization under […]
Time is running out for public comment on a proposed U.S. Drug Enforcement Administration rule that hemp industry supporters say wrongly criminalizes extracts from the plant. The comment period for the rule over the federal agency published August ends Tuesday. At issue is whether the DEA is simply updating its policies to comply with the 2018 Farm Bill, […]
The European Union's top court will deliver its final ruling on the Kanavape case and the legality of France's ban on hemp-derived CBD on Nov. 19.
The Hemp Industries Association and a South Carolina CBD manufacturer are asking a second federal court to prevent the U.S. Drug Enforcement Administration from criminalizing hemp extracts.
Online retail giant Amazon has launched a pilot program allowing the sale of select CBD ingestibles on its UK website.
CBD has already changed the game for makers of dietary supplements and beauty products. Now hemp-derived CBD has the opportunity and momentum to do the same for the enormous pets market. Two-thirds of American households currently have pets, and according to data from market analytics giant Nielsen Global Connect, hemp-CBD consumers are 10% more likely […]
Exclusive: Hemp-derived CBD market for pets worth $60 million in 2020, with threefold growth projected is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs
A CBD company in Arizona is accused of bilking investors of millions of dollars and getting an emergency pandemic-relief loan while the business owners used the money to buy a private jet and fund other lavish expenses. Integrated CBD (ICBD) got as much as $350,000 earlier this year through the U.S. Paycheck Protection Program (PPP) […]
(This story appears in the October issue of Marijuana Business Magazine. It has been updated to correct the number of Vertosa employees.) Many businesses are being challenged to advance racial diversity and social equity in their communities—and cannabis companies are no exception. Diverse staffing should be part of the hemp industry’s holistic approach to corporate […]
The Body Shop, an international producer and retailer of cosmetics, skin care and hair products based in the U.K., has launched three CBD skincare products for retail sales in the United States and the U.K.
Tips on holiday marketing for CBD brands
Three California men have been convicted for trying to boost the stock price of a shell CBD company by writing bogus press releases making it seem like the business was prospering.
A drug delivery and development company in California said Thursday it has wrapped an agreement to acquire a CBD beauty, wellness and pet product maker for $20 million.
California CBD maker Papa & Barkley has expanded distribution from 20 states to 48 states thanks to new distribution deals with retailers including wellness retailer The Vitamin Shoppe.
Entrepreneurs in the smokable hemp sector have reason to hope that tobacco consumers may convert at least partially to hemp products within the next year. That’s because 29% of cigarette and cigar users have indicated they are willing to try these products, according to research by Nielsen Global Connect, which was highlighted in Hemp Industry […]
Great Britain has rejected the European Commission's preliminary stance that hemp flower-derived CBD should regulated as a narcotic, a key food safety regulator in the UK says.
A subsidiary of Nestlé, the world's largest food and beverage company, has started producing and selling CBD softgels in Europe.
Brazil has fast-tracked a draft law that would legalize the cultivation of medicinal cannabis and industrial hemp, and the stakes are high. South America’s largest economy leads the world in several commodities markets, and some politicians say its farmers are keen to expand into hemp. Several other Latin American countries – Uruguay and Paraguay in […]
A German CBD extractor has secured funding of an undisclosed amount from an independent investor in Hamburg who valued the company at €5 million ($5.9 million). Signature Products GmbH did not disclose the size of the investment but said in a statement that the investor’s appraisal makes it the youngest cannabis startup with the highest […]
New York hemp growers and processors want Gov. Andrew Cuomo to issue guidelines from a bill last year to regulate the sale of extracts from the plant, like CBD, before 2014 Farm Bill pilot provisions expire on Oct. 31.
Looking to educate and innovate without in-person events, hemp and marijuana companies are turning to virtual platforms for everything from trade conferences and product launches to consumer education and staff training. Spaces that facilitate an exchange of ideas, opportunities for networking and customer engagement remain in demand, even as the world navigates the tumultuous conditions […]
CBD has " significant potential for growth" in Canada if the government were to allow the cannabinoid in natural health products, a think-tank predicts.
Regulators at Australia's Ministry of Health are one step closer to allowing over-the-counter sales of cannabidiol products.
Europe's main hemp lobby group says industrial cannabis could play a starring role in the European Union's plan for a carbon-neutral economy by 2050.
U.S. hemp producers are alarmed about a Drug Enforcement Administration rule that they argue would make extracts a Schedule 1 controlled substance during a portion of the extraction process when the plant’s THC levels spike above what’s allowed. The rule released last month has the industry reeling and wondering what steps to take to ensure […]
Hemp operators say smokable hemp is one of the fastest-growing and most lucrative segments in the nascent hemp and CBD industry – and market analysts agree, with expectations that the market will experience five-fold growth in the next five years.
Exclusive: Smokable hemp market worth up to $80 million for 2020, with five-fold growth predicted is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs
Hempro International, a producer and wholesaler of hemp-derived food, clothing, accessories and cosmetics in western Germany, has filed suit against the city of Düsseldorf for its ban on the sale of hemp-derived CBD food products. The city of Düsseldorf published an announcement in July in its official gazette prohibiting the sale of cannabidiol-containing foods anywhere […]
The owner of a CBD store in Vermont has Douglas Bell, the owner of CBD-Vermont in Waterbury, pleaded not guilty to seven felony counts of theft of service, two felony counts of false pretenses, two misdemeanor counts of writing a bad check and a misdemeanor count of petty larceny and a misdemeanor count of false […]
An Oregon legislator instrumental in legalizing hemp in 2018 says Congress can always create laws to regulate CBD if the industry isn’t happy with the rules from the U.S. Food and Drug Administration. Sen. Ron Wyden, a Democrat, blamed the FDA for stifling the growth of the CBD market during a speech Thursday to the […]
A quartet of French industry groups has criticized the European Commission’s preliminary view that CBD should be regulated as a narcotic, warning that producers, manufacturers and consumers would all face “dramatic repercussions” if the stance is made official. Syndicat Professionnel du Chanvre, an association of cannabis producers, processors and distributors in France, joined three other […]
Colorado-based CBD extractor and private-label supplier Mile High Labs has entered a distribution deal with a subsidiary of a major UK convenience store group for its own consumer brand. The distribution agreement for Mile High’s CBD brand Mellow Greens was struck with Nisa Retail, which is owned by The Co-operative Group. Eleven of the brand’s […]
A New Jersey company that makes CBD-infused seltzers has an agreement with the Pepsi-Cola Bottling Company of New York Inc. to get the product in New York City grocery stores and bodegas.
A major convenience store broker has reached an agreement with a Canadian company to distribute its CBD drinks across the U.S. at gas stations including Circle K and Speedway.
Canopy Growth Corp.'s former master grower is sharing lessons in Colombia.
CBD maker and retailer American Shaman has opened a retail store inside a grocery store in Missouri, where the company is based. The company said the 550-square-foot store opened at the start of August inside a Kansas City’s Ball’s Price Chopper and will be staffed by Shaman employees. American Shaman claims in a news release […]
A Missouri hemp company is being sued for allegedly sending unsolicited advertising texts, the latest cannabis firm accused of violating federal laws against spamming.
A Massachusetts federal judge ruled that another lawsuit against a CBD-maker alleging incorrect labeling will be delayed, “pending forthcoming FDA regulations on the products at issue.” Judge Allison D. Burroughs issued the ruling Tuesday, saying she was granting the defendant, Global Widget LLC., a request to stay the case. She denied their appeal to dismiss […]
Two Canadian marijuana companies have made processing and distribution agreements with CBD businesses, including one in the U.S.
With a potential blanket ban on CBD in food looming on the horizon, the impact of recent regulations in Austria offer a hint at how Europe's CBD industry could react to the narcotic label.
The consequences of labeling CBD as a narcotic: Q&A with German lawyer Kai-Friedrich Niermann is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs
Hemp and CBD leaders told Hemp Industry Daily what they hope to see in the FDA’s Enforcement Policy draft guidance, when the industry will likely get to see that document and what will happen to the industry if FDA regulatory guidance on CBD doesn’t come soon. (Click on the orange arrows to advance the slideshow.)
CBD products in the U.S. have gotten cheaper over the last year, driven by falling prices for hemp biomass, reduced production expenses, and plans to reach consumers with less disposable income as unemployment numbers soar amid COVID-19.
CV Sciences Inc., a San Diego-based CBD manufacturer, reported $5.4 million in revenue for the fiscal quarter that ended June 30 - a massive drop from the $16.9 million it reported during the same period in 2019.
Hemp manufacturers retailers in Texas filed a lawsuit on Wednesday, challenging the Texas health department on its recently enacted ban on selling smokable hemp products.
A Colorado hemp and CBD company with a special focus on tapping customers who golf has settled a distribution partnership with a large golf-club management and marketing company to expand the brand's reach in the sector.
Thousands of CBD companies in the United States will likely shutter in 2020 - but the CBD market will remain flooded with some 1,500 brands jostling for market share.
Chart: 2020 an ‘extinction event’ for thousands of CBD companies, but industry remains crowded is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs
Swiss customs officials have returned approximately CHF 33 million ($36 million) to low-THC cannabis flower producers and sellers after a court said their products were unconstitutionally taxed as a tobacco substitute. CBD sellers in Switzerland had taken legal action to protest the 25% sales tax imposed on their goods as tobacco substitutes, according to a […]
The U.S. Food and Drug Administration has updated a post on its website to spread the word about a Florida company that recalled a batch of CBD oil after a state agency tested the product and found that it contained dangerous levels of lead.