FDA details challenges, research gaps in regulating cannabis-derived products

Federal food and drug regulators this week highlighted the challenges they’re facing in regulating CBD and other cannabis-derived products, emphasizing the knowledge gaps that still exist due to a continued lack of data regarding the science of CBD and other cannabinoids. Kaveeta Vasisht, director of the FDA’s Office of Women’s Health and associate commissioner for […]

Wyoming lawmakers reject ban on smokable hemp, CBD products

Wyoming state lawmakers have rejected a bill to ban smokable hemp and products containing CBD. The proposal came at the request of law enforcement who say they have no way of distinguishing between marijuana and hemp when they’re on patrol, the Casper Star-Tribune reported. A state Senate committee defeated it earlier this week During testimony […]

Mexican Senate approves hemp, marijuana legalization bill

Curious about the developing Latin America cannabis market? Then tune in to the Latin America Market Forum on Friday, Nov. 20, at MJBizCon’s Passholder Days. Topics include regional updates, the prospects for exporting from Latin America and revenue opportunities within Latin America. More information is available here. The Mexican Senate approved legislation to establish a hemp and […]

CBD executive backs $100 million blank-check IPO effort

The co-CEO of North Carolina CBD maker cbdMD Inc. is among those seeking $100 million through an IPO for a blank-check company that will invest in consumer goods. The new blank-check company, to be called Adara, does not mention cannabinoid products in its filing this week with the U.S. Securities and Exchange Commission. Instead the […]

Top EU court: CBD is not a narcotic, should be allowed under free-trade agreement

Learn more about the latest cannabis market conditions in Europe at the European Market Passholder Day Forum at MJBizCon2020, coming up Nov. 23 or on demand anytime afterward.  The European Union’s high court said Thursday that CBD derived from the entire hemp plant is not a narcotic under an international drug treaty and is therefore […]

Polish hemp company sets fundraising record in bid for textile, CBD expansion

Learn more about the latest cannabis market conditions in Europe at the European Market Passholder Day Forum at MJBizCon2020, coming up Nov. 23 or on demand anytime afterward.  Kombinat Konopny, a hemp grower in Poland, raised 4.2 million zloty ($1.1 million) in an online fundraising campaign this week, reportedly breaking a record for the most […]

FBI raid of Navajo Nation destroys 250,000 illegal cannabis plants posed as hemp

A three-day FBI raid of 21 farms in the Shiprock area of the Navajo Nation in New Mexico destroyed more than a quarter-million marijuana plants that were allegedly grown illegally as unlicensed hemp. The raids by U.S., state and tribal law enforcement authorities started on Nov. 9 and involved more than 1,100 makeshift greenhouses, according […]

DEA lashes out in hemp lawsuit, says hemp activists are trying to ‘hijack’ agency priorities

The U.S. Drug Enforcement Administration is pushing back hard against a hemp association’s attempt to find out if the agency considers temporary byproducts of hemp production a Schedule 1 substance. The DEA told a federal judge this week that the agency “is not required to explain how the (rule) applies to every hypothetical circumstance.” The […]

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