European Parliament votes to add 0.3% THC limit for hemp to EU farm policy overhaul

European flags in front of the Berlaymont building, headquarters of the European commission in Brussels. The European Parliament has voted to raise the THC limit for industrial hemp from 0.2% to 0.3% and allow hemp and hemp-derived products to be subject to European Union marketing standards. The votes came last week as three changes to […]

South Dakota: Latest Polling Shows Medical Initiative Likely to Pass, Adult-Use Amendment in Tight Race

Among South Dakota Democrats, 73 percent expressed their intent to vote ‘yes’ for Amendment A, as do 58 percent of Independents. By contrast, only 34 percent of Republicans back the amendment.
The post South Dakota: Latest Polling Shows Medical Initiative Likely to Pass, Adult-Use Amendment in Tight Race appeared first on NORML.

Self-governing British island is getting into the CBD business

The Isle of Man, a self-governing British dependency located between Ireland and England, has announced plans to create an export-only sector for hemp and cannabis products. The island government said it was seeking input on its plans for establishing and regulating its would-be cannabinoid industry, noting Friday that a consultation would be launched for “industry, […]

Exclusive: CBD demand could drive 2020 sales of $2 billion, with threefold growth projected by 2025

Supermarket trolley with marijuana leafs and medical cannabis oil cbd Consumers are already going gangbusters for CBD in every formulation imaginable. But the current use rate for hemp-CBD products isn’t even close to what it could be when the industry sees federal regulation, which would open up mainstream manufacturing and retail markets even further. For […]

Congressional members sent DEA letter asking for clarity on hemp extraction rule

Nine members of Congress have asked the U.S. Drug Enforcement Administration for clarity on a rule the hemp industry says will wrongly criminalize production of extracts in some cases. The letter asks DEA administrator Timothy Shea to protect hemp producers. “The DEA must specify their requirements and streamline hemp directives by clarifying the legal means […]

Pet Releaf names Papa & Barkley executive as new CFO

Colorado-based Pet Releaf, maker of CBD products for pets, has named Rod Millott as its new chief financial officer. The position was newly created as the company experiences “momentous growth,” said Stephen Smith, Pet Releaf co-founder and president. “We are thrilled to welcome Rod to the Pet Releaf team and are confident he will make […]

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