California hemp and marijuana producer Goldenseed has added former “Shark Tank” investor Kevin Harrington to its advisory board. Goldenseed, a privately held company in Santa Cruz, said that Harrington has also invested in the company, though it did not say how much. Harrington was an early television informercial pitchman and appeared on the first two […]
Mexico is poised to become the world’s most populous country with legal marijuana and hemp next month – and, unlike its northern neighbor, Mexico is setting nationwide regulations to cover all forms of cannabis, no matter the THC content, instead of having a patchwork of laws for the two plants. That could potentially open more […]
Green Growth Brands, an embattled cannabis retailer in the process of selling off its line of mall-based CBD kiosks, said its CEO has stepped down, effective immediately. The outgoing CEO, Peter Horvath, came to the Columbus, Ohio, company after leading company strategy for retail giants such as Victoria’s Secret, American Eagle Outfitters, DSW and Limited […]
The president of the Hemp Industries Association, Joy Beckerman, is leaving the organization, effective immediately, the group announced on Thursday. The nonprofit said that Beckerman and the industry group had mutually agreed to part ways over “time constraints and many other responsibilities” she has with other organizations. “Joy has been an immense asset to the […]
A Vermont hemp processor is suing a Maryland grower, accusing the company of lying about the plants it sold being pesticide-free. The federal lawsuit filed by Newton Hill Labs, based in Milton, was filed Tuesday. It alleges Bay Water Greens and Baywater Farms of sold Newton Labs 5,000 pounds of biomass in October 2019 that contained elevated […]
Australian hemp company Elixinol Global had grand ambitions when it went public on the Australian Securities Exchange in January 2018, offering what might be termed the holy trinity of hemp business offerings: one for hemp and CBD supplements, one for hemp food products and one for an emerging medicinal marijuana market in Australia. Less than […]
A Denver CBD maker has opened a new fulfillment center in Dallas. CBD 100% Relief, which makes white-label CBD products and sells its own brand of CBD tinctures, creams and roll-ons online, announced Wednesday that it chose the Dallas-area for a new fulfillment center. The fulfillment center employs 12 people. Company CEO Daniel Sandoval said […]
Companies making hemp-derived foodstuffs are joining federal authorities to remind folks that hemp foods are being inspected as usual and are safe to eat through the coronavirus pandemic. The U.S. Department of Agriculture sent an alert this week that no staffing changes are planned at the agency’s Food Safety and Inspection Service, or its Animal and […]
Hemp farmers and industry members cheered when federal agriculture officials lifted enforcement action requiring that hemp be tested in U.S. Drug Enforcement Administration-registered labs and the disposal portion of the interim final rule in late February. Now they may have reason to cheer again, according to industry insiders. That’s because Agriculture Secretary Sonny Perdue told […]
CV Sciences, a San Diego-based CBD manufacturer that makes topical treatments sold nationwide, saw sales drop by 34% in the most recent fiscal quarter as the company blamed an overheated market for missing analyst expectations. “The category is simply over-branded,” CEO Joseph Dowling told investors Monday about the quarter that ended Dec. 31. During the […]
