DEA removes cannabis drug Epidiolex from controlled substance list

Epidiolex, the only plant-derived cannabis drug approved by the U.S. Food and Drug Administration, is no longer considered a controlled substance, providing a boost to its manufacturer’s stock price. GW Pharmaceuticals, a biopharmaceutical company based in London, saw its stock go up 7.6% on Tuesday, one day after the U.S. Drug Enforcement Administration said it […]

Neptune Wellness Solutions names 2 new board members

A Quebec, Canada-based supplements company has announced the appointment of two new members to the company’s board of directors. Neptune Wellness Solutions of Laval, Quebec, on Tuesday said Joseph Buaron and Michael A. de Geus were joining the company’s board. Buaron has two decades of experience as a chief technology officer, while de Geus is […]

First CBD novel food application headed for EU risk assessment

A cannabinoid producer in the Czech Republic is the first to have a CBD novel food application declared “valid” by EU authorities and move forward for a risk assessment. CBDepot’s application for the authorization of synthetic cannabidiol was sent to the European Food Safety Authority (ESFA) for a risk assessment on March 27, agency spokesman […]

Farmers missing out on small business coronavirus relief package, Congress says

Farmers who say they’re not getting needed assistance from federal coronavirus relief are looking to Congress to change an oversight keeping them from accessing help from the Small Business Administration. Eighty-six members of Congress wrote to SBA administrator Jovita Carranza Thursday asking for “immediate attention and swift action” to ensure that farms receive the economic relief they […]

CBD store owner accused of defrauding investors in SEC complaint

The co-founder of a defunct Connecticut holding company and CBD and hemp store has been charged by the Securities and Exchange Commission with bilking investors. In addition to his holding company, Halitron Inc., Bernard Findley was the co-founder of Hopp & Hemp Co., which sold CBD and other hemp products, according to The Newton Bee. A federal charging […]

Historic hemp records donated to University of Kentucky

A trove of business records from a 20th-century Kentucky hemp processor are now in the hands of the University of Kentucky. A family in Bourbon County donated some 17 boxes of records from the family decortication and processing business that operated from roughly 1900 to 1940. The university’s Special Collections Library will clean and archive the […]

Alaska’s hemp industry set to go live through online-only registrations

Farmers, processors and retailers in Alaska can start applying for hemp registrations Monday after the industry officially launches on April 4. Due to the coronavirus outbreak, all registrations must be submitted electronically through the Alaska Division of Agriculture’s website. Agriculture officials in Alaska used a social media broadcast to lay out new rules for the […]

Two Canadian plant companies form JV to supply 12 million hemp clones from tissue culture

Hemp growers will have more young plant options to choose from as a result of a new joint venture between Vancouver-based plant company 3 Rivers Biotech and JRT Nurseries, a plant grower with locations in Aldergrove, British Columbia, and Lynden, Washington. The two companies will work together to produce and supply hemp plants grown from […]

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