California’s new warning label as it appears on a La Vida Verde cannabis product. (Photo courtesy of La Vida Verde) A version of this story first appeared at Marijuana Business Daily. California’s hemp-derived CBD manufacturers are at risk of legal “whiplash,” one industry attorney says, after a new mandate requiring health warning labels for all […]
Aphria and Tilray, two Canadian giants in cannabis, have agreed to combine operations and form an international bohemoth with combined equity value of approximately 5 billion Canadian dollars ($3.9 billion). The merged entity includes Manitoba Harvest, a Winnipeg maker of hemp food products that was acquired last year by Tilray. Based on data reported by […]
Hemp businesses won’t benefit directly from the $150 million raised by a special-purpose acquisition company that was initially established in hopes of investing in and further developing the U.S. hemp market. But a deal was made in the spirit of aligning the industry with large manufacturers in the future, according to Geoff Whaling, president of […]
NORTH LITTLE ROCK, Arkansas (December 11, 2020) – Since he founded his business, Ryan Croy, co-founder of Honcho & Hoss, CBD for the Everyman, has gone through three credit card processors – not by his choice. “One pulled the plug on me over the weekend. One said they’d process but bailed before we ever got […]
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 […]
One of the nation’s largest chained retailers of health supplements, The Vitamin Shoppe, is the first national retailer to carry the full line of hemp-derived CBD wellness products from lifestyle guru Martha Stewart, according to Smith Falls, Ontario-based cannabis operator Canopy Growth Corp. Previously, the Martha Stewart brand, which was developed in collaboration with Canopy […]
This session and other MJBizCon 2020 content is available on demand. New leadership at the U.S. Department of Agriculture under the Biden administration will result in the agency “taking another look at looming rules for a nationwide hemp regulatory network,” said Chris Walsh, CEO and president of Hemp Industry Daily and Marijuana Business Daily. Walsh […]
Want to learn more about the developing German cannabis market? Check out the Europe Market Forum at MJBizCon, available on demand. German politicians are joining those calling for easier CBD access in the wake of a landmark EU ruling that CBD is not a narcotic and is therefore allowed to be traded freely between EU […]
A version of this story first appeared at Marijuana Business Daily International. Marijuana and hemp giant Canopy Growth is swapping one stock exchange for another, departing the New York Stock Exchange (NYSE) in favor of the Nasdaq in an effort to save money. Canopy, which reported a loss of 128 million Canadian dollars ($97 million) […]
(A version of this story first appeared at Marijuana Business Daily.) A Bahamas committee charged with laying out an economic recovery plan recommends the country legalize hemp and hemp extracts. Presented last week, the Economic Recovery Committee report also calls on the nation to legalize marijuana. The recommendations were part of a broader report presented […]
