Epidiolex, the only plant-derived cannabis drug approved by the U.S. Food and Drug Administration, is no longer considered a controlled substance, providing a boost to its manufacturer’s stock price. GW Pharmaceuticals, a biopharmaceutical company based in London, saw its stock go up 7.6% on Tuesday, one day after the U.S. Drug Enforcement Administration said it […]
“Just like alcohol prohibition gave rise to the illicit production of dangerous ‘bathtub gin,’ marijuana prohibition provides bad actors, not licensed businesses, the opportunity to fulfill consumers’ demand – sometimes with tragic results.”
A Quebec, Canada-based supplements company has announced the appointment of two new members to the company’s board of directors. Neptune Wellness Solutions of Laval, Quebec, on Tuesday said Joseph Buaron and Michael A. de Geus were joining the company’s board. Buaron has two decades of experience as a chief technology officer, while de Geus is […]
A cannabinoid producer in the Czech Republic is the first to have a CBD novel food application declared “valid” by EU authorities and move forward for a risk assessment. CBDepot’s application for the authorization of synthetic cannabidiol was sent to the European Food Safety Authority (ESFA) for a risk assessment on March 27, agency spokesman […]
Farmers who say they’re not getting needed assistance from federal coronavirus relief are looking to Congress to change an oversight keeping them from accessing help from the Small Business Administration. Eighty-six members of Congress wrote to SBA administrator Jovita Carranza Thursday asking for “immediate attention and swift action” to ensure that farms receive the economic relief they […]
The co-founder of a defunct Connecticut holding company and CBD and hemp store has been charged by the Securities and Exchange Commission with bilking investors. In addition to his holding company, Halitron Inc., Bernard Findley was the co-founder of Hopp & Hemp Co., which sold CBD and other hemp products, according to The Newton Bee. A federal charging […]
Investigators are seeking respondents to participate in an anonymous electronic survey to evaluate whether consumers have experienced changes in their frequency of cannabis use, dosing, access, or preferred methods of ingestion as a result of either COVID-19-related closures or emergency actions.
A trove of business records from a 20th-century Kentucky hemp processor are now in the hands of the University of Kentucky. A family in Bourbon County donated some 17 boxes of records from the family decortication and processing business that operated from roughly 1900 to 1940. The university’s Special Collections Library will clean and archive the […]
Two beer giants had big plans to sell CBD infused beverages in Canada by the end of last year. But only one has hit shelves yet, underscoring the challenged cannabis drinks market in Canada. Fluent Beverage Co., a partnership between St. Louis, Missouri-based Anheuser-Busch InBev and Canadian cannabis giant Tilray, says it launched a line […]
Farmers, processors and retailers in Alaska can start applying for hemp registrations Monday after the industry officially launches on April 4. Due to the coronavirus outbreak, all registrations must be submitted electronically through the Alaska Division of Agriculture’s website. Agriculture officials in Alaska used a social media broadcast to lay out new rules for the […]
