A CBD retailer in Vermont has been arrested and charged with theft of service and other charges in cases involving four state hemp farms. Douglas Bell, the owner of CBD Vermont, a retail store in Waterbury Center, was arrested after writing bad checks. Bell owes more than $137,000 to local farmers, but an ongoing investigation […]
A prominent Kentucky hemp company plans to lay off an unannounced number of employees. GenCanna Global, headquartered in Winchester, told Lexington TV station WKYT that market conditions in the hemp industry have led the company to “responsibly resize our staffing levels” to move the company forward. The privately held company did not say how many employees […]
Changing economic times have caused an Ohio marijuana and hemp retailer to rethink its latest acquisition. Green Growth Brands, which owns medical marijuana dispensaries and the nation’s largest chain of CBD retail locations in mall kiosks, on Wednesday dropped its $310 million all-stock bid to acquire Moxie Holdings, a Texas-based, privately held, vertically integrated, multistate […]
Two more mainstream retailers have entered the CBD race this month, joining a multitude of other large retailers that carry CBD products, including grocery, convenience, cosmetics and clothing stores. Dollar General will sell 20 different CBD products in 1,100 stores in Tennessee and Kentucky. The discount retailer plans to expand CBD products to stores in […]
Rob Gronkowski, formerly of the NFL’s New England Patriots, left, partnered with Perry Antelman, CEO of Abacus Health Products, and now promotes the company’s CBDMEDIC line of products for athletes. (Photo courtesy of Abacus Health Products) CBD manufacturers looking for new market opportunities are making big investments in the sports nutrition market, signing up athlete […]
Federal agriculture officials are giving the hemp industry more time to provide feedback on new nationwide production rules. After requests from state officials and members of the U.S. Congress seeking additional time for public feedback, the U.S. Department of Agriculture (USDA) said Tuesday it will extend the comment period on the U.S. Hemp Production Program interim final […]
New York, NY – Today, the Drug Policy Alliance released a new report making the case for rethinking the way the United States responds to the “drug dealer.” Beyond being merely ineffective, the harsh criminalization of supply-side drug market activity may actually make drug use more dangerous, increasing overdose deaths and leading to more violence […]
A national hemp association is looking for a new leader after the immediate departure of its executive director. Colleen Keahey Lanier, who since 2017 has led the national Hemp Industries Association (HIA), a nonprofit trade organization focused on education, industry development and expansion of the U.S. and international hemp markets, told Hemp Industry Daily she is […]
In the FY2020 appropriations package released Monday, existing protections for medical cannabis programs from federal prosecutors that have been in place since 2014 remained, but other amendments that had been added earlier in the year by House Democrats were removed from the final compromise.
New York, NY – In response to the New Jersey legislature’s passage of a measure (SCR183/ACR840) to put marijuana legalization on the 2020 ballot, as well as a bill to expunge records for low-level drug offenses, Maria McFarland Sanchez-Moreno, Executive Director of the Drug Policy Alliance, issued the following statement: “Given the legislature’s inability to pass […]
