Canadian hemp company Sweet Earth Holdings Corp. has named former politician Amrik Virk as its new president. The company said in a news release that Virk will also be joining the board of Sweet Earth. Virk has previously held senior positions in Canadian government, including Minister of Advanced Education and most recently Minister of Technology […]
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Florida finds elevated lead levels in some hemp products in stores
Florida agriculture officials say they’re finding elevated lead levels in some hemp products on store shelves and have alerted federal agencies. The state’s hemp czar, Holly Bell, told the Florida Hemp Advisory Committee this week that random bottled samples that were pulled from stores showed “a toxic-waste-level concentration” of lead, WFSU reported. The federal limit […]
Read MoreClass action suits rise against CBD companies, experts stress forthright disclosures
Hemp-derived CBD companies increasingly face class-action claims by consumers and stockholders, driven by industry growth, product claims, regulatory uncertainties and preventable mistakes by the companies themselves.
Read MoreLaotian company takes Australian hemp business to arbitration over growing dispute
A Laotian agriculture company is taking an Australian hemp grower to arbitration after it withdrew from a joint CBD hemp project when the COVID-19 pandemic forced the closure of borders around the world.
Read MoreSouth Carolina energy firm gives grant to students building tiny hempcrete house
A South Carolina energy company is donating money to a group of college students working on building an eco-friendly 500-square-foot house made party of hempcrete.
Read MoreMore US states allowing sales of hemp-derived products in MJ dispensaries for first time
Colorado and Illinois are joining the ranks of nearly a dozen states where CBD and other hemp-derived products can be sold at marijuana dispensaries for the first time, opening a new sales outlet for the growing industry.
Read MoreOcean Spray launches sparkling CBD water in Colorado
Juice and snack giant Ocean Spray is testing a line of sparkling CBD water in Colorado. The Middleborough, Massachusetts, company says the sparkling CBD water was developed by Ocean Spray’s new CarryOn brand, Food Business News reported. The flavors are called Elevate and Descend, one with 10 milligrams of CBD and the other with 20 milligrams […]
Read MoreGeorgia industrial hemp producer receives $2 million investment
Investment firm Advantage Capital is providing $2 million to GAXtracts, a Georgia-based industrial hemp company, to use for working capital and buying new equipment.
Read MoreAs Montana launches hemp checkoff program, industry considers best approach
Montana has become the first state to establish a checkoff program for hemp producers, giving the industry there a path to raise money for research, education and marketing efforts like the famed “Got Milk?” campaign.
Read MoreFormer NBA star Isiah Thomas appointed CEO of CBD firm that cultivates in Colombia
NBA Hall of Famer Isiah Thomas has been named CEO of One World Pharma Inc., a U.S.-based company that grows hemp and marijuana in Colombia.
Read MoreFederal lawsuits against PetSmart voluntarily dismissed
Two similar federal lawsuits against PetSmart were voluntarily dismissed by plaintiffs who accused the company of selling hemp products for pets without approval from the U.S. Food and Drug Administration.
Read MoreCanadian bast fiber company raises $3.3M from angel investors
A Canadian company that makes natural nonwoven fibers says it has raised $3.3 million, mostly from angel investors, to help finish developing a proprietary processing plant in Europe. Victoria, British Columbia-based Bast Fibre Technologies made the announcement this week, saying the investors are buying common shares and will get an equity stake in the company. […]
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