Losses increase for Green Growth Brands amid retail expansion

Green Growth Brands, an Ohio-based cannabis retailer that owns both marijuana dispensaries and the nation’s largest chain of CBD retail locations in mall kiosks, reported a loss of $30.2 million for the fiscal first quarter ended Sept. 30. The company lost $2.8 million in the same period a year ago. Company executives attributed the current losses […]

Federal CBD delays hurting profits and shelf space for manufacturers, companies say

CBD manufacturers have seen wide adoption of their products into mainstream retail chains in recent months, so why aren’t they turning profits as rapidly as expected? The federal government is the culprit, according to some. CV Sciences and Charlotte’s Web are among the cannabis companies that pointed to delayed federal CBD regulations as they reported […]

Oregon senators push back on USDA’s rules for testing THC in hemp

The federal plan to test hemp for THC will damage the industry, according to two Oregon senators who are pushing back on rules from the U.S. Department of Agriculture. Sens. Jeff Merkley and Ron Wyden, both Democrats, say the USDA hemp production rules lay out THC testing requirements with “potentially harmful effects” for the new hemp industry. […]

FDA says more scientific data needed to move forward with CBD regulation

Federal health regulators say the lack of scientific data about cannabidiol explains their delay issuing new guidance on over-the-counter CBD. The  U.S. Food and Drug Administration continues to accept comments on hemp- and cannabis-derived ingredients, months after the comment period closed, according to Sharon Lindan Mayl, senior policy adviser in the FDA’s Office of Food Policy […]

Idaho governor approves hemp transportation across state

Idaho Gov. Brad Little issued an executive order aligning the state’s law enforcement activities with federal statutes to allow the transport of hemp across the state. The Republican governor issued the order in the wake of the U.S. Department of Agriculture interim rule published on Oct. 31. Little said Idaho is likely in conflict with […]

House Judiciary Committee Agrees We Need MORE with Historic Vote Clearing Path to End Marijuana Prohibition

MORE Act Becomes First Comprehensive Marijuana Bill to Ever Pass ANY Congressional Committee Washington, D.C. – Today, the House Judiciary Committee voted to approve the Marijuana Opportunity Reinvestment and Expungement Act (MORE Act). This historic step makes the MORE Act the first piece of comprehensive marijuana legislation to ever make it out of a congressional […]

1 2 3 4 5 140
Right Menu Icon