Industry groups, legal experts weigh implications of EU court’s CBD ruling

Europe’s hemp industry hit a milestone last week when the European Union’s top court liberated CBD from the jurisdiction of an international drug treaty, declaring that hemp-derived cannabidiol is not a narcotic. Hemp groups in France and elsewhere in Europe gave the five judges a standing ovation for the Kanavape ruling, which declared that France’s […]

Top EU court: CBD is not a narcotic, should be allowed under free-trade agreement

Learn more about the latest cannabis market conditions in Europe at the European Market Passholder Day Forum at MJBizCon2020, coming up Nov. 23 or on demand anytime afterward.  The European Union’s high court said Thursday that CBD derived from the entire hemp plant is not a narcotic under an international drug treaty and is therefore […]

Polish hemp company sets fundraising record in bid for textile, CBD expansion

Learn more about the latest cannabis market conditions in Europe at the European Market Passholder Day Forum at MJBizCon2020, coming up Nov. 23 or on demand anytime afterward.  Kombinat Konopny, a hemp grower in Poland, raised 4.2 million zloty ($1.1 million) in an online fundraising campaign this week, reportedly breaking a record for the most […]

EU court poised to make landmark ruling on CBD in Europe

Five judges on the European Union’s top court in Luxembourg are set to rule on the legality of France’s ban on hemp-derived CBD – and potentially upend the future of Europe’s hemp industry in the process. Thursday’s ruling on the so-called Kanavape case is one of the most highly anticipated decisions for Europe’s CBD industry. […]

Report: Chinese hemp company lands $75 million investment from pharma giant

China’s biotech and pharma giant Tasly Holding Group has announced a 500 million yuan ($75.6 million) investment into biotech company Puyuan Miaosheng Group’s industrial hemp subsidiary. The investment will be used to develop Yunnan Maye Biotech’s operations in hemp farming, foods and beverages, pet food, new tobacco products and vaporizers, and biopharmaceutical products in five […]

Hemp group eyes Chinese, EU markets after securing USDA funding for overseas marketing

The National Industrial Hemp Council has set its sights on Asian and European hemp markets after it says it was allocated $200,000 from the U.S. Department of Agriculture to promote U.S. hemp products abroad. Kevin Latner, the NIHC’s senior vice president for trade, told Hemp Industry Daily that the group received word it was selected […]

German retailer Aldi rolls out private-label hemp line in UK

Aldi UK, the British arm of the German supermarket chain, has launched a house line of hempseed oil skincare products, joining the ranks of grocers carrying hemp and incorporating it in store-brand products. The retailer’s Lacura line of products, which includes a body butter, hand cream and “CBD Facial Serum,” were made available on shelves […]

Italian economists: High-CBD hemp flower cut into illicit MJ market, hurt organized crime

A “cannabis light” vending machine in Italy (photo courtesy Alfredo Pascual) The availability of hemp flower containing up to 0.6% THC in Italy led some marijuana users to abandon their illicit products, costing criminal networks tens of millions, a trio of economists has found. The researchers’ findings, published last year in the European Economic Review, […]

1 2 3 4 5 6 15
Right Menu Icon