New York CBD startup delays Canadian IPO on coronavirus issues

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 […]

German police investigate CBD shop operators for violating narcotics law

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 […]

CBD in Europe: EU receives 45 novel food applications

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 […]

Major German drugstore stocks CBD supplements and topicals in 2,200 stores

A German CBD oil manufacturer has launched three products at one of Germany’s main drugstore chains. CannaCare Health GmbH said its CANOBO products hit the shelves at 2,200 branches of ROSSMANN drugstore across Germany in February 2020. The products include two full-spectrum CBD nutritional supplements at concentrations of 2.75% and 5% and a topical sport […]

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