A New Mexico medical marijuana company has begun exporting cannabis-based medicine to Israel. Ultra Health spokeswoman Marissa Novel said recently the company started exporting earlier this month through a partnership with Israeli pharmaceutical group Panaxai. The medicine was created using hemp grown in Bernalillo County, New Mexico. Ultra Health is believed to be one of […]
International CBD brand Elixinol has appointed a new CEO for North and South America. Tom Siciliano will oversee the company’s hemp-derived CBD business in the Americas region. He succeeds outoing Americas chief Leif Harrison, who recently spoke to Hemp Industry Daily about the company’s revamped global strategy. Wednesday’s announcement of the management shakeup did not elaborate on […]
A hemp farm in Kentucky has asked a court to nullify its contract with an Oregon processing facility, saying neither party was able to uphold its end of the agreement and that coronavirus measures in both states should trigger language making the contract moot. Third Wave Farms filed the request Friday after Oregon LLC Pure Valley […]
The coronavirus pandemic has upended the economic landscape and forced businesses of all sizes and industries to suspend operations, cancel events and furlough tens of thousands of workers. With markets in freefall and states imposing lockdowns across the U.S., some have argued that hemp-derived supplements industry could see an increase in demand as consumers seek […]
The West African nation of Ghana has passed legislation allowing hemp to be grown for industrial or medicinal purposes. The legislation allows the government to “grant a licence for the cultivation of cannabis which has not more than 0.3% THC content on a dry-weight basis for industrial purposes for obtaining fibre or seed or for […]
A California CBD nonprofit has dodged a libel lawsuit after it was sued by two companies for saying a lab test showed that a CBD product they sold contained heavy metals. A California appeals court ruled Friday that the companies filing the suit – Medical Marijuana, Inc., and HempMeds PX – failed to show that the […]
Australian hemp company Elixinol Global had grand ambitions when it went public on the Australian Securities Exchange in January 2018, offering what might be termed the holy trinity of hemp business offerings: one for hemp and CBD supplements, one for hemp food products and one for an emerging medicinal marijuana market in Australia. Less than […]
New York-based CanaFarma Hemp Products will start trading on the Canadian Securities Exchange (CSE) on Thursday. The listing, previously scheduled for Tuesday, was delayed at the company’s request “to account for world events relating to the coronavirus pandemic, which are expected to have caused extra delay in shareholders receiving their new shares,” a statement read. CanaFarma, known […]
Three men who run a CBD shop in southwestern Germany are under investigation for violating the country’s controlled substances law. The men, all 28, are accused of illicitly producing narcotics and selling the products online and in their retail store in the city of Tübingen, state prosecutors and police said in a joint statement. Authorities suspected that […]
The European Commission has received 45 applications for novel food authorization for CBD-containing products since December 2018, Hemp Industry Daily has learned. The applications have chiefly come from the Netherlands, the UK, Czech Republic, Slovenia, Switzerland and the United States, a commission source said. CBD products in the European Union have been in murky legal […]
