New York wellness holding company Onassis Holding Corp. has bought a CBD maker in Slovenia for $6 million in stock. Onassis’ acquisition of MGC Nutraceuticals in Ljubljiana, Slovenia, gives the company a foothold to distribute CBD derived from Slovenian-grown hemp across Europe. The company formerly belonged to MGC Pharmaceutics, which makes medical marijuana. Under the […]
(Editor’s note: This story is part of a recurring series of commentaries from professionals connected to the hemp industry. Shawn Hauser is an attorney who leads the Hemp and Cannabinoids Department at Vicente Sederberg law firm in Denver.) The legalization of hemp in 2018 was a historic step forward after decades of full prohibition of […]
Thoughtful Brands, a cannabis and psychedelics company in Vancouver, British Columbia, has dissolved its subsidiary in Germany to focus on its direct-to-consumer brands, including a CBD maker in Kentucky. Thoughtful Brands says its subsidiary Verrian Germany GmbH has sought creditor protection and institute insolvency proceedings in Germany. Verrian focused on researching psychedelic compounds in Radebeul, […]
Government officials in Guyana and Panama are considering legalizing hemp cultivation in their countries. Both governments took steps toward that goal this month, with Guyana reviewing feasibility studies and discussing hemp trials, while in Panama government officials and lawmakers formed a committee to discuss the potential of industrial hemp,. Hemp Today reported. Supporters of hemp […]
An Alabama hemp company has opened a 75,000-square-foot extraction and processing facility near the Georgia border, with plans to speed manufacturing the region. Arbor Vita8 announced the opening of the plant Monday, saying the new facility aims to “bolster this region’s efforts to be a significant contributor and leader in the hemp industry.” The processing […]
Montana has set up a free trading platform for its hemp farmers, copying an existing platform it uses for hay and pasture. Montana’s Hemp Marketplace allows people to buy and sell: hempseed. grain. fiber. flower. clones. Listings need approval from the state agriculture department, though the state doesn’t verify or vouch for the quality of […]
Canadian greenhouse giant Village Farms International is moving ahead with plans to take over a firm it started as a joint venture to produce marijuana and CBD in British Columbia. Village Farms, one of North America’s largest producers of greenhouse tomatoes, bell peppers and cucumbers, has approval from its joint-venture partner Emerald Health Therapeutics to […]
Vegetable growers across the U.S. weren’t among the traditional farmers heavily diversifying into hemp production in 2020. According to a survey of 437 farmers by trade journal American Vegetable Grower, 77% said they had no intention of planting the crop this year. Just 4% of farmers said they planned to grow hemp while 19% indicated […]
A tribal nation in New Mexico is suing 33 farmers for allegedly violating sovereign law by growing hemp and marijuana. In the second hemp-related lawsuit filed by the Navajo Nation, the tribal nation accuses farmers of possessing or controlling Navajo lands that are being used to illegally grow, produce, manufacture, transport or sell industrial hemp and possibly […]
Cannabis lab technicians can make the perfect oil, but the accompanying hardware needs to be on par for the customer to have a quality experience. (Photo courtesy of The Blinc Group) (This story appears in the October issue of Marijuana Business Magazine.) Cannabis extraction companies labor over making perfectly flavorful and potent oil. But if […]
