Sports Illustrated, Canopy latest chasing sports market

Sports Illustrated and Canadian cannabis behemoth Canopy Growth are the latest players looking for a piece of the sports nutrition and recovery market. Authentic Brands Group, owner of the Sports Illustrated brand, says it will roll out a line of CBD-infused topicals by the end of 2020. And Canopy Growth, majority owner of drink and […]

An Exciting Start to 2020 for Nevada NORML

Although we’re only one month into the Roaring 20’s, Nevada NORML has already hit the ground running at full sprint. Following a wild and groundbreakingly successful 2019 with several memorable events across both The Battle Born State and the nation as a whole, Nevada NORML wanted to ensure that their operations in 2020 surpassed even that of the previous year.

New pharmaceutical CBD supplier enters German market

(This is an abridged version of a story that first appeared on Marijuana Business Daily International.) Pharmaceutical-grade CBD kits are now available to German pharmacists for personalized compound preparations. Cannamedical Pharma GMBH, a Cologne-based distributor of medical cannabis, now sells plant-derived CBD isolate kits to pharmacists who compound medicines according to a doctor’s prescription. The […]

Front Range Biosciences is honored as Hemp Game Changer at MJBizDaily Awards

Front Range Biosciences is the inaugural winner of the MJBizDaily Awards’ Hemp Game Changer Award. The 2019 award was presented to Front Range Biosciences CEO Jonathan Vaught on Thursday night at the MJBizDaily Awards gala during MJBizCon Week in Las Vegas. “I’m really honored,” Vaught said after winning the award. “I’ve got an incredible team that […]

Two lawsuits between Canopy, US hemp grower dropped

The legal battle between the U.S. arm of Canadian cannabis giant Canopy Growth and a Nevada-based hemp producer appears to be over. Canopy filed notice that it is dropping its lawsuit accusing Go Farm Hemp of squandering a $12 million advance to grow hemp. Canopy’s filing to dismiss came a month after Go Farm Hemp’s […]

The story behind a hemp extract firm’s distributor deals with major grocery, pharmacy chains

(In this abridged version of a case study that appears in the November-December issue of Marijuana Business Magazine, we look at one example from the growing trend of hemp businesses partnering with mainstream companies. Coming Friday: Case study of the Plus Products partnership with Casper Sleep.) When President Donald Trump signed the 2018 Farm Bill into […]

SLIDESHOW: MJBizDaily Awards Hemp Industry Game Changer finalists

(Click on the orange arrows to advance the slideshow.) The MJBizDaily Awards recognize excellence and impact in the cannabis industry. At this year’s MJBizCon in Las Vegas, we will celebrate the individuals and companies that propel the cannabis industry forward. Set for the evening of Dec. 12 at The Cosmopolitan, the inaugural MJBizDaily Awards Gala will include presentations of […]

Canopy Growth’s NY hemp facility to receive $1.7 million tax break

The Canadian cannabis producer building an industrial park for hemp processing in New York state would get a hefty property tax break under a new plan hatched by a local economic development group. The Broome Industrial Development Agency said Canopy Growth will receive a standard 15-year payment-in-lieu-of-taxes deal that will reduce taxes on the 48-acre […]

Canopy Growth gets green light to move forward with suit against CA hemp farm

Canadian cannabis giant Canopy Growth has the go-ahead to continue its lawsuit against a California farm it accuses of misusing a deposit and killing hemp plants worth millions. Canopy Growth is suing Research and Development Farming (RDF) of California’s Central Valley, which contracted to grow 500 acres of hemp for the Ontario company in 2019. In a lawsuit […]

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