As the U.S. population ages, businesses in the health and wellness industry are starting to recognize older consumers as a new and emerging market. Census data has indicated that the number of Boomers (ages 55 to 73) and seniors (age 74 and over) in the United States stood at approximately 95 million last year, and […]
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 […]
South Dakotans have delivered a crippling blow to those who favored the status quo of marijuana prohibition in the Mount Rushmore State by simultaneously passing a pair of ballot initiatives.
The post South Dakotans Green-Light Marijuana Legalization and Medical Access appeared first on NORML.
South Dakotans have overwhelmingly approved Measure 26, which legalizes the medical use of cannabis by authorized patients.
The post South Dakota Votes Overwhelmingly to Approve Medical Marijuana appeared first on NORML.
A majority of voters in Mississippi voted to approve Initiative 65, which provides for a state-regulated marijuana access system for qualified patients.
The post Mississippi Voters Approve Medical Marijuana appeared first on NORML.
(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 […]
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, […]
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 […]
An Alabama hemp company has opened a 75,000-square-foot extraction and processing facility near the Georgia border, with plans to speed manufacturing the region. Arbor Vita8 announced the opening of the plant Monday, saying the new facility aims to “bolster this region’s efforts to be a significant contributor and leader in the hemp industry.” The processing […]
Hemp-derived CBD supplement maker Elixinol shed half of its global workforce and shuttered production lines in the first half of this year in response to market decline stemming from the global COVID-19 pandemic. Now the Australian company is looking to leverage a leaner operation and focus on its core CBD brands for future success. Talking […]
