Charlotte Figi, namesake of Colorado CBD manufacturer, has died

Charlotte Figi, the namesake of a Colorado CBD company who became a symbol for the therapeutic potential of cannabidiol and medical cannabis, has reportedly died from complications associated with COVID-19, the illness caused by the coronavirus pandemic. Charlotte’s death was announced late Tuesday in a Facebook post by a family friend. No time or location […]

NY attorney general orders CBD company to stop marketing products as coronavirus cure

New York state’s attorney general has ordered a CBD company to stop marketing one of its products as “immunity oil” against the coronavirus. Attorney General Letitia James said “consumers have encountered these false claims in email campaigns” by the company called Finest Herbalist, the Daily Voice reported Wednesday. The emails have titles such as, “Protection from Corona […]

Thursday webinar: Hemp experts offer advice on ‘Tapping the Stimulus Package’

The federal government is releasing trillions of dollars to help small businesses stay afloat in this time of crisis. How can your hemp company get the help it needs? The clock is ticking to register for Hemp Industry Daily’s live webcast, “Tapping the Stimulus Package and Other Business Assistance Programs,” scheduled for 1 p.m. ET/ 10 […]

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 […]

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