The federal government has stopped warning CBD companies to stop making coronavirus-related claims and started suing them. The U.S. Federal Trade Commission announced this week that the owner of Whole Leaf Organics, Marc Ching, has settled with federal authorities and agreed to stop making any health claims about three of his products – CBD-EX, CBD-RX, […]
Sannabis co-founders John Pablo (left) and Juan Pablo Guzman have U.S. permission to import hemp but are snagged by pandemic delays. (Photo courtesy Sannabis) A Colombian company with aspirations of raising hemp in Uruguay and exporting it for sale in the U.S. has the plants and permission from U.S. authorities to start bringing them to market. But […]
Hemp industry advocates have long heralded the sustainable benefits of hemp production and the crop’s ability to right past wrongs by replenishing the soil and by extension, the earth. But hemp is still a crop that needs water and nutrients. Hemp attracts pests and is getting attention among traditional commodity farmers as a potentially lucrative […]
Even in the midst of a global pandemic that’s resulted in devastating shockwaves felt across every economic sector, Nevada NORML has nevertheless continued to strongly advocate for cannabis reform in these uncertain and unknown times.
Hemp companies in Georgia and South Carolina have announced a joint venture to produce smokable hemp and tobacco substitutes for some 46,000 convenience stores. Verde Leaf, based in Atlanta, is partnering with The Alpine Hemp Group, based in Charleston, South Carolina. The joint venture, called Verde Alpine Venture Group, plans to place smokable hemp cigarettes and other hemp […]
Shawn Hauser (Editor’s note: Shawn Hauser, an attorney who leads the Hemp and Cannabinoids Department at Vicente Sederberg law firm in Denver, is writing the first in an occasional series of commentaries from professionals connected to the hemp industry.) It’s been a tough start for the new U.S. hemp industry. After overcoming decades of prohibition […]
California-based Omura, a marijuana and hemp flower vaporizer company, raised $5 million, with a portion of the funding coming from Bruce Linton, former CEO and founder of Canada’s Canopy Growth Corp. The raise, while not major by cannabis industry standards, is significant during the global coronavirus pandemic when investments are more difficult to secure. Linton, […]
Federal class action securities lawsuits against publicly traded hemp and marijuana businesses doubled from 2018 to 2019, a trend that’s typical in an emerging industry, according to a new report. The report, by Boston law firm Goodwin Procter, detailed 13 cases filed in U.S. federal courts in 2019 compared with six in 2018. The cases […]
In a letter to House leadership, the Marijuana Justice Coalition, which is made up by groups including the Leadership Conference on Civil and Human Rights, Human Rights Watch, the ACLU, the Drug Policy Alliance, NORML, and others, sent a letter to Congressional Leadership requesting that small marijuana businesses be able to access the emergency relief funds being administered by the Small Business Administration. The Coalition letter focuses on the need for small business access to the SBA relief funds as an avenue to protect the progress that has been made by minority entrepreneurs in the emerging legal cannabis marketplaces. “Now more than ever, if we are to provide pathways of opportunity and ownership for communities that have been historically targeted… Read More
The U.S. Food and Drug Administration warned two companies to stop illegally marketing CBD products with claims that it can treat opioid addiction and other medical conditions. The warning letters were sent Thursday to: BIOTA Biosciences, LLC, of Washington state Homero Corp., doing business as Nature’s CBD Oil Distribution of New Hampshire “CBD has not been shown […]
