CBD giant Charlotte’s Web said slow action by federal health regulators is causing disappointing growth in mass-market retail channels. The Boulder, Colorado, company told investors Wednesday that “a lack of regulatory direction” from the U.S. Food and Drug Administration (FDA) is slowing growth in food, drug and mass (FDM) sales channels. “Full revenue growth potential […]
Farmers and ancillary hemp businesses are not happy with the THC testing standards outlined within the U.S. Department of Agriculture’s (USDA) interim federal rule for hemp production. The rules require that hemp crops not exceed 0.3% total THC, which is derived from the sum of delta-9 THC and THCA content, on a dry weight basis. Crops […]
Shawn Hauser After decades of prohibition, hemp is now an agricultural commodity like any other, regulated by the U.S. Department of Agriculture (USDA). But there’s a lot to unpack in the USDA’s new hemp rules. In an exclusive webcast, Hemp Industry Daily editor Kristen Nichols sits down with Vicente Sederberg hemp attorney Shawn Hauser to […]
Lehigh Valley NORML, and medical cannabis patients from across Pennsylvania, will hold the second in a series of monthly protests at the Department of Health (PaDOH) headquarters on Forster St. “Patients First: Fixing Medical Marijuana in PA” will commence on Wednesday November 13, 2019 from 08:30 AM-5:00 PM.
A Canadian supplements company that makes CBD extracts plans to focus on aromatherapy topicals through a collaboration with a prominent flavorings and scents firm. Neptune Wellness Solutions of Laval, Quebec, which makes fish-oil supplements and cannabinoid oils, said Monday it is giving $24 million worth of stock warrants to International Flavors & Fragrances (IFF) in […]
A Kentucky hemp company that helped pioneer large-scale CBD production methods and takes some credit for getting the hemp plant legalized is now facing a cascade of business challenges. First, delays piled up at GenCanna’s rural Kentucky processing facility that the company envisions making a processing hub for several Midwestern states. Then, farmers in GenCanna’s […]
A top official for the U.S. Food and Drug Administration (FDA) said the agency is concerned that developing a legal exception for supplements containing CBD could send the wrong message, both to companies interested in entering the market and consumers. Lowell Schiller, the FDA’s principal associate commissioner for policy who is leading a panel investigating […]
A new industry group launching in the U.K. on Friday aims to get a reprieve on European rules enforcement by working with food regulators when selling CBD products, a departure from hemp producers who instead are seeking to undo the rules. The new Association for the Cannabinoid Industry (ACI) is made up of some 25 […]
South Florida manufacturer Just CBD is being sued by a woman in the U.S. Virgin Islands who says she was sickened by one of its vape products. The woman alleges that CBD vape oil made by the Hollywood, Florida, company caused her pneumonia-like symptoms in August. She was ultimately transferred to a Miami hospital, where […]
New York police seized a shipment of what it believed to be 106 pounds of marijuana and arrested the buyer on criminal charges, but the Vermont farm that shipped the product said it’s legal hemp, not MJ. Fox Holler Farms, a hemp farm based in New Haven, Vermont, said every box of its product contained […]
