HempFusion to acquire CBD company Sagely Naturals for $25 million

HempFusion Wellness’ buying spree continued Tuesday when it announced a $25 million agreement to purchase Sagely Naturals, a CBD brand with distribution to more than 14,000 U.S retailers. Based in Santa Monica, California, Sagely Naturals’ female-focused products are sold by retailers including CVS, Rite Aid, Albertsons, Sprouts and Nordstrom. The brand claims a 23% market […]

Minnesota: Governor Signs Legislation into Law to Legalize Medical Marijuana Flower

Democratic Governor Tim Walz of Minnesota signed legislation into law Tuesday that includes provisions permitting registered medical cannabis patients who are 21 or older to access medical cannabis flower. A bicameral conference committee approved the policy change as part of a broader omnibus bill related to healthcare earlier this month. House and Senate lawmakers then approved the […]

5 integrated weed management strategies for cannabis producers

(This is the ninth installment in a series focused on cultivation planning for hemp and marijuana growers. The previous installment is available here.) Cannabis is prone to weeds, which can overrun a field, reduce crop quality and yield and spread thousands of seeds that will be a nuisance for years. But cultivators’ control options are limited considering […]

CBD maker announces collective bargaining for workers in Colorado, Florida

A Colorado CBD maker founded with collective bargaining in mind, Union Harvest, says it has completed organizing for workers in manufacturing, packaging and sales in Colorado and Florida. The company says more than 10 workers at its facility Longmont are now represented by United Food and Commercial Workers Local 7. Workers in Clearwater, Florida, are […]

Canadian bast fiber company completes $7 million raise

A Canadian company that makes natural nonwoven fibers says it has raised $7 million (CAD $8.5 million) to advance its plans to expand production. Bast Fibre Technologies announced the Series A equity financing last week. The company raised another $3.3 million last summer from angel investors. Based in Victoria, British Columbia, the firm says it […]

More calls to poison control in states with legal marijuana

Edibles are causing headaches for lawmakers and parents alike. A new study analyzed calls to poison control from January 2017 to December 2019, and found that more calls were being made from states with legal marijuana than states without. 36.6% of the calls dealt with children eating edibles. The rest mainly involved concentrates, extracts, beverages, […]

Bad actors to blame for inaccurate CBD labels? Not so fast

Editor’s note: Susan Audino, Ph.D, is a chemistry consultant and instructor for the American Association for Laboratory Accreditation. She is based in Ohio. This column originally appeared at MJBizDaily. All cannabis consumers have a right to confidently know the contents of the products they purchase. But ongoing random, observational and longitudinal studies have demonstrated that […]

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