Sweet strategy: How one CBD manufacturer found success making ingredients, not edibles

(This is an abridged version of a story that appears in the August issue of Marijuana Business Magazine.) Azuca, a CBD-infused product manufacturer headquartered in New York City, is using tiny, infused sugar granules as the building blocks for its rapidly growing cannabis business. The company’s CBD-infused sugars and syrups can be stirred into batters, doughs […]

Hemp Businesses Can Bank with Credit Unions, Regulatory Agency Says

A federal financial agency released updated guidelines on banking in the hemp industry on Aug. 19, 2019, following up on requests from lawmakers to provide clarity on the issue. The National Credit Union Administration (NCUA) said in its interim guidance that providing banking services to hemp businesses is allowable since the crop and its derivatives […]

Nevada: Pushing Reform Efforts Forward

Las Vegas NORML collected dozens of signatures from consumers who support such a comprehensively reformative bill. With the consumer’s information, the team will hand-deliver the pre-written letters of support to their respective representative in both Congress and the Senate during our trip to Washington DC and show irrefutable evidence of this bill’s popularity and need.

Canopy breaks ground on NY hemp industrial park

One of the largest cannabis companies in the world made a significant move into the U.S. hemp industry Monday by breaking ground on a new industrial park for hemp processing in New York. Canadian cannabis pioneer Canopy Growth Corp., based in Smith Falls, Ontario, unveiled plans for its new $150 million Hemp Industrial Park in […]

Canadian CBD maker sponsors athlete research with UFC

Canadian marijuana giant Aurora Cannabis is sponsoring CBD research with the UFC to determine if the cannabinoid treatments are effective in treating pain and inflammation. The partnership marks a milestone for the cannabis industry, where individual athletes commonly strike sponsorship deals but few prominent leagues agree to research for CBD or other cannabis products. Athletes’ […]

42,000 Cannabis Plants Destroyed in California Farms Probe

UKIAH, Calif. (AP) — Authorities in Northern California have destroyed more than 42,000 marijuana plants as part of an investigation into unlicensed cannabis farms on public and private land that are impacting the environment. RELATED STORY In California’s Cannabis War, Civil Is the New Criminal The Mendocino County Sheriff’s Office said Wednesday that local, state […]

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