New York state’s attorney general has ordered a CBD company to stop marketing one of its products as “immunity oil” against the coronavirus. Attorney General Letitia James said “consumers have encountered these false claims in email campaigns” by the company called Finest Herbalist, the Daily Voice reported Wednesday. The emails have titles such as, “Protection from Corona […]
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Neptune Wellness Solutions appoints two new board members
A Quebec, Canada-based supplements company announced the installment 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 […]
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CBD store owner accused of defrauding investors in SEC complaint
The co-founder of a defunct Connecticut holding company and CBD and hemp store has been charged by the U.S. Securities and Exchange Commission with bilking investors. In addition to his holding company, Halitron, 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 […]
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Beset by delays, Canadian CBD drink market looking for expanded future
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 […]
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California hemp grower wants sheriff to tell court why plants were burned
A California hemp growing company is trying to legally compel a sheriff’s department to release documents explaining why the agency destroyed 459 acres of hemp that authorities thought were marijuana. No one was arrested or charged after the Kern County Sheriff’s Office bulldozed what Apothio LLC claims were hundreds of millions worth of hemp plants […]
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Wisconsin hempseed seller sues Canadian producer over distribution dispute
A Wisconsin hempseed seller is in a contract dispute with a Canadian seed producer over where and for how long it can sell a grain cultivar. Legacy Hemp of Hastings, Minnesota, says that Terramax Holdings Corp. is trying to renege on the length of time Legacy Hemp has the rights to sell the seeds in the […]
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FDA tells ex-NFL player to stop ‘misleading’ claims on CBD cure for coronavirus
The U.S. Food and Drug Administration is warning the company of former NFL player Kyle Turley to stop claiming that CBD is an effective treatment for coronavirus. In a letter dated Tuesday, the FDA ordered Turley’s company, Las Vegas-based NeuroXPF, to stop “misleadingly representing your products as safe and effective for a COVID-19-related use …” […]
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Quick guide to federal aid available to hemp businesses impacted by coronavirus
Call it a benefit of being on the legal side of the cannabis business. Legal hemp businesses are eligible for emergency loan assistance and other lifelines included in the $2.2 trillion economic stimulus signed into law last week to hold off economic devastation from the coronavirus pandemic. You can apply for Economic Injury Disaster Loans […]
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Colorado-based Charlotte’s Web hires new chief operating officer
Colorado-based CBD maker Charlotte’s Web has appointed a chief operating officer to replace Stephen Lermer, who left the company Jan. 31. The Boulder company said in a release that David Panter is its new COO, effective Monday. Charlotte’s Web said Panter has more than 20 years of “global supply chain experience” at businesses including the […]
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Military interested in hemp fiber and polymers; Wisconsin university researching possibilities
The U.S. military and researchers at a Wisconsin university are discussing making hemp fiber to replace imported polyester and polymer in Army vehicles – a potential partnership that would return the state to the days it was the epicenter of fiber production during both World Wars. To make it a reality, researchers at the University […]
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Polish hemp subsidiary survives cuts by Green Organic Dutchman
A Canadian cannabis company that is ratcheting back its marijuana business, The Green Organic Dutchman (TGOD), apparently has no plans to slow hemp production. The news comes as TGOD suspended production at its processing facility in Quebec and is laying off staff. The Green Organic Dutchman has a European subsidiary, HemPoland, that sells CBD products, […]
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Marijuana lobby group warns against CBD claims about coronavirus
A prominent marijuana lobbying is warning consumers against CBD-infused products claiming to guard against the coronavirus. The National Organization for the Reform of Marijuana Laws said this week that CBD retailers have received warning letters from the U.S. Food and Drug Administration for making such unsubstantiated claims. “If something sounds too good to be true, […]
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