Federal and state ministers in Australia and New Zealand have approved low-THC hempseeds for human consumption, opening a new market for edible products using the plant. Prior to the decision, hemp was part of a classification that prohibited all species of cannabis from being added to food, or sold as food, according to the Sydney Morning Herald. The […]
Read MoreHemp providing avenue for marijuana businesses to boost profits, extend brands
By Bart Schaneman Marijuana businesses are increasingly expanding into CBD products derived from hemp, capitalizing on the hemp industry’s growth and less restrictive legal status.
Read MoreUS medical cannabis tech company plans to open China office
Net Savings Link Inc. said its cannabis division will open an office in Shanghai, China, next month to expand its medical marijuana technology business into the world’s most populous country. The company, based in Cresco, Pennsylvania, said in a news release it is moving into China because it sees a sizable opportunity there. China is the world’s […]
Read MoreTexas authorities won’t act against pharmacy selling hemp oil products
The Texas Department of Public Safety has opted against pursuing legal action against an Austin pharmacy that sold products crafted from hemp oil, citing “ambiguities” over the status of CBD products under state law. The decision spurred one statewide hemp industry advocacy group to renew calls for Texas legislators to clarify laws around the cultivation, […]
Read More