Since the beginning of March, federal food and drug regulators have issued warning letters to 64 companies for selling products under claims that they will prevent, treat, mitigate diagnose or cure COVID-19. To date, the U.S. Food and Drug Administration had sent eight of those letters to CBD companies, including: May 26: CBD Gaze, a […]
International cannabis giant Canopy Growth Corp. remains bullish on the U.S. CBD market, even as the company reported an eye-popping net loss of 1.3 billion Canadian dollars ($944 million) last quarter. Canopy told investors Friday that it would revamp its overall strategy after its Canadian recreational marijuana market share saw double-digit declines in the fiscal […]
A U.S. territory and four American Indian tribes have received approval from the U.S. Department of Agriculture for their 2020 hemp production plans, just as hemp planting season is about to officially begin across most of the country. Virgin Islands, four tribes receive federal approval for hemp production plans is a post from: Marijuana Business […]
High Times founder Tom Forcade and Legal Counsel Michael J. Kennedy assured the magazine remained a major NORML financial supporter, until it was recently sold to corporate greedheads!
The U.N. body that decides drug policy has a plan for moving forward with a landmark vote in December on whether to revise the inclusion of cannabis and cannabis-related substances in two international narcotics conventions. The roadmap from the U.N. Commission on Narcotic Drugs (CND) for holding the vote despite the global coronavirus pandemic was […]
Citing a precipitous downturn in hemp commodity prices, the U.S. Hemp Roundtable has written to federal agriculture authorities seeking a change to agency rules on getting coronavirus pandemic-related assistance. The lobbying group says that hemp is too new of a commodity to have widely published pricing data, making it problematic for hemp farmers to comply […]
Colorado-based CBD producer Elixinol got dismissal of a class-action lawsuit that alleged the company’s products were illegal to sell under federal law. The plaintiffs who sued in federal court in the Northern District of California filed a voluntary notice of dismissal May 7, dropping “all claims against” Elixinol. The lawsuit filed on December 2019 alimed […]
Hemp Industry Daily and the largest nonprofit trade association in hemp are partnering to promote networking in the industry and advance educational content about the newly legal crop. The partnership with the Hemp Industries Association was announced Thursday. More than 1,300 members of the HIA will receive The trade association will play host for a June […]
In just two years, the number of specialty pet stores that carried Colorado-based Functional Remedies’ CBD products increased dramatically, going from 100 to 500 – underscoring the fast growth of a market that’s now reaching mass-market retailers like Petco and PetSmart. “More and more people are understanding how CBD and how hemp-based products can enhance […]
CV Sciences, a San Diego-based CBD manufacturer, won’t face a labeling lawsuit until federal health authorities decide how to regulate over-the-counter CBD, a federal judge has ruled. The decision makes California’s Virginia Phillips the second federal judge to delay a CBD class-action attempt because the U.S. Food and Drug Administration is reviewing whether CBD should be […]
