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 […]

Vertical Wellness buys California candy maker for expansion into CBD edibles

Hemp products manufacturer Vertical Wellness Inc. has bought a candy-making company to expand its reach into the edibles market. Vertical Wellness CEO Smoke Wallin said purchasing The Organic Candy Factory, based in California, is a “perfect segue” to expand into selling gummy-bear infused CBD products, Reuters reported Wednesday. The candy company currently doesn’t make cannabis-infused […]

EU court poised to make landmark ruling on CBD in Europe

Five judges on the European Union’s top court in Luxembourg are set to rule on the legality of France’s ban on hemp-derived CBD – and potentially upend the future of Europe’s hemp industry in the process. Thursday’s ruling on the so-called Kanavape case is one of the most highly anticipated decisions for Europe’s CBD industry. […]

New York CBD maker accuses builder of faulty $1.7 million processing facility job

A New York CBD maker wants $1.7 million from a North Carolina builder it hired to deliver prefabricated buildings for hemp extraction and processing. Hemp Productions Inc. of Poughkeepsie filed suit for damaged buildings it says it got from MCC Development Inc. of Asheville, North Carolina, and a fabricator, Ideal Environmental of Los Banos, California. […]

Colorado extraction company taps cannabis veteran to lead expansion into Europe, South America

A Colorado extraction company has hired a new director of sales. Greeley-based Vantage Hemp Co. said in a news release Tuesday Christian Santi’s responsibility will be to expand the company’s sales in the U.S., Europe and South America. “The addition of Christian to our team reinforces our promise for data-driven, consistent and premium CBD extracts […]

As FDA reviews CBD implications for women, industry watches anxiously

The hemp and CBD industry will be watching closely this week to find out whether federal regulators seem inclined to require warning labels for pregnant or nursing women on CBD products, or to mandate gender-specific dosing levels. That’s because the U.S. Food and Drug Administration’s Office of Women’s Health will be leading discussions about “CBD […]

Are CBD levels in cannabis rising? New research says no.

A version of this story first appeared on Marijuana Business Daily. Consumer demand has been pushing the THC potency of herbal marijuana upward for decades — but that increased potency does not extend to CBD levels, a new study has found. The systematic review and meta-analysis of studies between 1970–2017 found levels of THC increased […]

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