The NFL Players Association has updated its policy to discourage athletes from endorsing products that contain CBD or other cannabinoids. The NFLPA wrote in an email sent last Thursday that its Commercial Substances Policies and Endorsements section has been updated to read: “NFL players, coaches, and other employees must not endorse or appear in advertisements […]
The chance has arrived for hemp industry executives and investors to help put numbers behind the hype by participating in the annual Hemp Industry Daily survey. The survey helps the Colorado-based HID provide key market, financial and operational data for business and entrepreneurs. The anonymous survey can be taken here until Oct. 30. The survey […]
Time is running out for public comment on a proposed U.S. Drug Enforcement Administration rule that hemp industry supporters say wrongly criminalizes extracts from the plant. The comment period for the rule over the federal agency published August ends Tuesday. At issue is whether the DEA is simply updating its policies to comply with the 2018 Farm Bill, […]
The European Union’s top court will deliver its final ruling on the Kanavape case and the legality of France’s ban on hemp-derived CBD on Nov. 19. The Court of Justice of the European Union announced the ruling date on its judicial calendar. The case, which centers on a dispute over the marketing of Kanavape’s CBD […]
Canadian health authorities say there’s strong demand for over-the-counter, low-THC cannabis such as CBD, and most people want to use it for pain and inflammation if the country were to establish a legal market. That’s the result of a recent Health Canada survey. The agency is considering new rules about the sale of CBD and […]
The federal Small Business Administration (SBA) is calling on the U.S. Department of Agriculture (USDA) to make a series of changes to its proposed hemp rules that in their current form threaten to “stifle” the newly legal industry. The agency’s independent Office of Advocacy said that while it appreciates that USDA reopened a public comment […]
Pennsylvania-based Intrinsic Capital Partners says it raised $102 million in a fund that will invest in science and technology businesses focused on the legal hemp and marijuana industries. “We believe this is … a rare opportunity to invest in a space where there’s tremendous underlying demand, a strong industrywide growth profile and scarcity of capital,” […]
The board chairman of GenGanna Global, a Kentucky hemp and CBD company that went bankrupt, diverted more than $4 million in cash and benefits to his hemp company, according to a lawsuit. A lawsuit filed by OGGUSA Inc., GenCanna’s new name since the bulk of its assets were sold, alleges Michael Falcone also had GenCanna […]
The sale of hemp flower in Italy has been connected with a decrease in sales of several types of medications, suggesting that some patients chose to dump their prescription drugs in favor of self-medication with an unregulated CBD-based therapy, research by a trio of economists shows. A new study in the Journal of Health Economics […]
Wisconsin agriculture officials say hemp cultivation in the state will continue under the 2014 Farm Bill pilot program after the federal government extended the legislation’s authority for another year. Thursday’s announcement clarifies confusion over what regulations the state needed to follow because Wisconsin submitted a cultivation plan under 2018 rules from the U.S. Department of […]
