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 […]
High-ranking U.S. Food and Drug Administration officials opened a multidisciplinary CBD conference on Thursday by saying that the science of CBD and other cannabinoids has become a priority for the agency, considering the wide interest in CBD and the number of products already on the market. FDA: Science of CBD and other cannabinoids is a […]
It’s your final day to save $50 to discuss the smokable hemp market Nov. 30 at the Hemp Industry Daily Passholder Day Forum at MJBizCon2020. Turning Point Brands, a Kentucky tobacco company making increasing moves in the cannabis space, has acquired a 20% stake in the Texas-based hemp cigarette brand Wild Hempettes. The deal, which […]
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 […]
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 […]
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 […]
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 […]
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 […]
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. […]
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. […]
