Wellness holding company Onassis wraps acquisition of Slovenia CBD maker

New York wellness holding company Onassis Holding Corp. has bought a CBD maker in Slovenia for $6 million in stock. Onassis’ acquisition of MGC Nutraceuticals in Ljubljiana, Slovenia, gives the company a foothold to distribute CBD derived from Slovenian-grown hemp across Europe. The company formerly belonged to MGC Pharmaceutics, which makes medical marijuana. Under the […]

Opinion: After the election, let’s focus on fixing the arbitrary THC standard in hemp

(Editor’s note: This story is part of a recurring series of commentaries from professionals connected to the hemp industry. Shawn Hauser is an attorney who leads the Hemp and Cannabinoids Department at Vicente Sederberg law firm in Denver.) The legalization of hemp in 2018 was a historic step forward after decades of full prohibition of […]

Canada wellness company to shutter psychedelics firm in Germany, retain Kentucky CBD maker

Thoughtful Brands, a cannabis and psychedelics company in Vancouver, British Columbia, has dissolved its subsidiary in Germany to focus on its direct-to-consumer brands, including a CBD maker in Kentucky. Thoughtful Brands says its subsidiary Verrian Germany GmbH has sought creditor protection and institute insolvency proceedings in Germany. Verrian focused on researching psychedelic compounds in Radebeul, […]

Panama, Guyana, considering legalizing hemp cultivation

Government officials in Guyana and Panama are considering legalizing hemp cultivation in their countries. Both governments took steps toward that goal this month, with Guyana reviewing feasibility studies and discussing hemp trials, while in Panama government officials and lawmakers formed a committee to discuss the potential of industrial hemp,. Hemp Today reported. Supporters of hemp […]

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