Mexico hits snooze on hemp legalization until next spring

The Supreme Court of Mexico has again extended the deadline for legislators to comply with a mandate to legalize industrial hemp and adult-use marijuana. Congress can now legislate on this matter until the end of the next ordinary session period, which starts in February 2021 and ends in April. The Mexican Chamber of Deputies – […]

In nascent CBD coffee market, first-time exposure is ‘make-or-break,’ Nielsen says

With consumer interest in hemp-derived CBD showing no signs of waning, a growing number of companies are looking to one particular consumer product good as a conduit for cannabidiol: coffee. Around 70% of the U.S. adult population consumes coffee in some form, and 14% of regular ground coffee drinkers who are interested in a CBD-infused […]

Canada’s Canopy Growth loans $20 million to hemp-CBD subsidiary of TerrAscend

Arise Bioscience, a Florida-based hemp-derived CBD subsidiary of TerrAscend Corp., has received a $20 million loan from Canada’s Canopy Growth. In exchange for the loan, TerrAscend, which makes prescription cannabinoids and is headquartered in Mississauga, Ontario, has issued 2,105,718 common share purchase warrants to Canopy Growth, according to a statement announcing the deal Thursday. Canopy […]

Dutch furniture maker launches carbon-negative hemp chair

Europe’s largest independent grower and processor of industrial hemp has teamed up with a Dutch bioplastics developer and a Dutch furniture manufacturer to make a recyclable, carbon-negative chair with a hemp fiber seat shell. Netherlands-based HempFlax was chosen by furniture producer VepaDrentea to contribute the raw material to its hemp chair line, the company said […]

EU officials resume review of CBD novel food applications after ditching narcotic stance

European regulators have resumed their review of novel food authorization applications for CBD products after the commission abandoned its preliminary stance that cannabidiol should be treated as a narcotic. The European Commission, the executive arm of the European Union, says the change comes after a landmark court decision that CBD should be freely traded among […]

BREAKING: European Commission reverses course, says CBD should not be regulated as a narcotic

Want to learn more about cannabis regulations in Europe? Check out the Europe Market Forum at MJBizCon, available on demand. Makers of CBD foods and supplements no longer face the prospect of a blanket ban in Europe after the European Commission revised its preliminary stance that CBD should be treated as a narcotic. The Commission […]

Report: Malawi ready for hemp cultivation as tobacco revenue tumbles

Malawi’s new regulatory agency for the cultivation, processing and sale of medical cannabis and industrial hemp has said the country is ready to launch commercial production of the crop, the Reuters news agency reported last week. Malawi’s agriculture ministry said the licensing fees for the cultivation, sale, storage, and distribution of industrial hemp or medicinal […]

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