Neptune Wellness Solutions, a Laval, Quebec-based CBD extractor and manufacturer, has named former Clorox product development lead Eric Gharakhanian as the director of product development for its Health & Wellness Innovations division. Gharakhanian will lead the development of Neptune’s portfolio of health and wellness products across the personal care and homecare sectors, focusing on sustainable […]
(Editor’s note: This story is part of a recurring series of commentaries from professionals connected to the hemp industry. Andrea Steel is co-chairwoman of the Cannabis Business Law Group at Coats Rose, a Houston law firm.) By deeming hemp an agricultural commodity and removing it from the definition of a controlled substance, the 2018 Farm […]
The Michigan Legislature has passed a bill to largely align the state’s hemp industry with federal standards, including total THC testing. The measure also raises licensing fees more than 10 times. The bill has been waiting on action from Gov. Gretchen Whitmer since July 2, according to the Grand Rapids Business Journal. Michigan hemp farmers […]
One of the last hemp holdout states, Mississippi, is directing farmers interested in growing the crop to apply for an individual producer license through the U.S. Department of Agriculture. The state passed the Mississippi Hemp Cultivation Act into law late last month, legalizing hemp cultivation and directing the Commissioner of Agriculture and Commerce to create […]
New Hemp Industries Association Executive Director Jody McGinness is coming into his role during a time of great change. The executive director role has been vacant since the departure of Colleen Lanier at the end of 2019. Months later, HIA president Joy Beckerman left abruptly under less-than-friendly circumstances. Meanwhile, some state chapters have asked the […]
(A version of this story first appeared on Marijuana Business Daily.) Peru is giving hemp-derived medicines the green light, with commercialization imminent once the respective companies obtain the necessary import permits. Two hemp-derived products are registered as “cannabis-derived natural health products” in Peru. Toronto-headquartered Ramm Pharma, a company with medical cannabis manufacturing operations in Uruguay, […]
A Canadian health and wellness company is selling off more than 4.7 million common shares at an offering of U.S. $2.65 per share to raise some $12.65 million. Neptune Wellness Solutions, a hemp extractor and product manufacturer based in Laval, Quebec, said Monday in a company statement that it expects to use the net proceeds […]
The Hawaii Legislature has approved a bill that aligns its hemp testing with federal law and joins other states in banning smokable hemp and CBD-infused edibles. Lawmakers sent the bill to Democratic Gov. David Ige on Friday. The bill also prohibits hemp from being processed with 500 feet “of a pre-existing playground, school, state park, […]
This is the second part of an interview with Elixinol CEO Oliver Horn. Read his insights on leadership here. In a recent presentation, you said the company was “well-positioned to navigate the regulatory environment that is dynamic, and we remain very positive that regulatory changes are working in our favor.” What makes Elixinol well-positioned to […]
A CBD maker is among more than a dozen Canadian cannabis companies facing a labeling lawsuit. The lawsuit, filed in Alberta by consumer Lisa Marie Langevin, accuses the companies and their subsidiaries of selling products “with THC or CBD content levels that were drastically different” from what was advertised. Canada allows 15% variance for most […]
