Lawmakers in North Carolina stripped all proposed hemp regulation from the state’s farm bill in order to get it passed, surrendering their attempt to put more permanent guidelines in place following a months-long spat between farmers and law enforcement over smokeable hemp. State lawmakers in the House voted 86-34 in favor of the stripped-down bill, local […]
The market for exporting hemp from Colombia to the rest of the world is getting off the ground and Manuel Baselga sees a bright future for the commodity in his country. Baselga is co-founder and board member of Savanna Ventures, a venture capital firm investing in cannabis companies internationally, but heavily focused in Colombia. Based […]
South Africa has amended its drug law to allow some CBD products to be available over the counter, making a temporary rule on non-prescription CBD permanent. Certain CBD medicines and full-spectrum cannabis-derived products will no longer be subject to medical controls, according to a notice in the official gazette that was published last month. The […]
A Canadian marijuana producer has announced it’s shifting to processing and extracting hemp biomass into CBD concentrates by signing a purchase agreement with a leading supplier of high-CBD industrial hemp. Calgary-based RMMI Corp. announced Tuesday it plans to buy 300,000 pounds of high-CBD hemp biomass from Clearwater CannaGrow Ltd. for $4,800,000. The payment will come […]
As hemp and CBD companies begin to reopen and get back to work with employees on site, there are many actions they can take to keep employees and customers safe. Jonathan Vaught, CEO and founder of plant breeder and young plant provider Front Range Biosciences in Fort Collins, Colorado, has kept operations moving since social-distancing […]
A federal judge has entered an order of permanent injunction to stop a New York company from selling unapproved and misbranded drugs until it complies with the law. The order follows a complaint, filed by the U.S. Department of Justice on behalf of the Food and Drug Administration, following multiple inspections conducted at Sundial Herbal […]
Beleaguered multistate cannabis retailer Green Growth Brands’ sale and investment solicitation process (SISP) was approved by a Canadian court. Green Growth Brands is based in Columbus, Ohio, but court filings show its parent company is registered in Ontario. The company announced an initial creditor protection order from the Ontario Superior Court of Justice on May […]
Neptune Wellness Solutions, a Laval, Quebec-based hemp processor and CBD manufacturer, has appointed a former Walmart executive to head up its Biodroga business unit and recently formed Health and Wellness Innovation Division as senior vice president. Robert DiPede brings a track record of more than 20 years driving business-to-consumer and business-to-business sales of consumer packaged […]
Two similar federal lawsuits against PetSmart accuse the company of false and deceptive practices for selling hemp products for pets that are unapproved by the U.S. Food and Drug Administration. The lawsuits in federal court in Broward County, Florida, were filed on behalf of two individual customers, but seek class-action status. The lawsuits say the […]
As the hemp industry becomes saturated with growers and processers looking to get an edge on the CBD consumer market, some in Italy’s hemp space are borrowing a concept from French wine to set themselves apart. The elusive concept of “terroir” broadly refers to the growing conditions that impart special traits or character to a […]
