South Africa has amended its drug law to allow some CBD products to be available over the counter, making a temporary rule on non-prescription CBD permanent. Certain CBD medicines and full-spectrum cannabis-derived products will no longer be subject to medical controls, according to a notice in the official gazette that was published last month. The […]
The U.N. body that decides drug policy has a plan for moving forward with a landmark vote in December on whether to revise the inclusion of cannabis and cannabis-related substances in two international narcotics conventions. The roadmap from the U.N. Commission on Narcotic Drugs (CND) for holding the vote despite the global coronavirus pandemic was […]
Last week, the hemp industry gained valuable insight into how the highest court in the European Union might rule on France’s ban on hemp-derived CBD products. The advocate general at the Court of Justice of the European Union issued an opinion that the restriction was not in line with EU law – an announcement that […]
An organic hemp-oil manufacturer in Colorado has appointed a dietary-supplement industry veteran to oversee inventory, extraction and manufacturing. Asa Waldstein will take on the role of senior vice president of operations for Functional Remedies, the company said Tuesday in a statement. Waldstein previously served as VP of operations and regulatory affairs at Advanced Extraction, and as […]
A subsidiary of Australian hemp product producer Ecofibre has signed a deal to distribute a line of topical products at the U.S. drugstore chain CVS Pharmacy. EOF Distribution said in a statement last week that it will supply 10 hemp-derived products for exclusive sale at some CVS Pharmacy locations. The Rhode Island-based chain has more […]
An ornamental flower producer in the United Kingdom that is licensed to grow hemp and medical marijuana has been acquired by a group led by a cannabis investment firm. The U.K.’s Bridge Farm Group, which cultivates ornamental plants, flowers and herbs, announced last week that it was acquired by an entity controlled by representatives of […]
A CBD and hemp-oil manufacturer in Colorado has inked a deal to buy a CBD retailer in Switzerland, its second planned purchase of a Swiss company announced this month. CBD of Denver said Monday that it had signed an acquisition agreement with Royal Green GmbH. Terms of the acquisitionm were not disclosed. The Swiss CBD outlet […]
France’s blanket ban on the marketing of all hemp-derived CBD products contradicts EU law on the free movement of goods, an adviser to the Court of Justice of the European Union said in a legal opinion on Thursday. The advocate general’s opinion, if followed by the top EU court, would set a binding precedent and […]
A CBD and hemp-oil manufacturer in Colorado has plans to buy a cannabis-growing operation in Switzerland. CBD of Denver expects to close on the purchase of CBDWelt24 GmbH and its two hemp cultivation facilities in Switzerland by the end May. The purchase price was not disclosed. According to a statement released on Wednesday, CBDWelt24‘s annual revenue […]
With time ticking down for CBD manufacturers to meet the UK’s deadline for having a validated EU novel food application in hand, two European hemp associations are pooling resources to meet the application’s requirements. The assistance on offer from the European Industrial Hemp Association in Germany and the Association for the Cannabinoid Industry in the […]
