A trove of business records from a 20th-century Kentucky hemp processor are now in the hands of the University of Kentucky. A family in Bourbon County donated some 17 boxes of records from the family decortication and processing business that operated from roughly 1900 to 1940. The university’s Special Collections Library will clean and archive the […]
Read MoreFlorida judge: FDA’s CBD review shouldn’t stop labeling claims
Ongoing CBD review by the U.S. Food and Drug Administration shouldn’t mean that CBD makers can’t face labeling lawsuits, a federal judge in Florida ruled. The ruling means that Diamond CBD of Fort Lauderdale cannot await FDA guidelines before facing a 2019 allegation that it misrepresented the amount of CBD in its products. U.S. District Judge […]
Read MoreCanada hemp group seeks new low-THC cultivars to try in 2020
Canada’s national hemp-promotions association is asking seed breeders to submit new varieties for testing in 2020, with an eye toward sending more low-THC varieties to Health Canada for approval. The Canadian Hemp Trade Alliance told members Tuesday that it wants to test at least nine new seed varieties in 13 different regions. The group plans to […]
Read MoreEditor’s Notebook: CBD makers can learn from others’ marketing miscues
It’s hard not to laugh some days at the onslaught of novel CBD products.
Folks are advertising the cannabinoid in a head-scratching array of products, from sports bras to suppositories.
Read MoreCoronavirus stimulus package covering hemp industry signed into law
A new $2.2 trillion package designed to prevent the U.S. economy from collapsing has room for hemp businesses and farms.
Read MoreCharlotte’s Web reports 4Q loss, lowers projections on FDA warnings, coronavirus
Charlotte’s Web Holdings lost $18.8 million last quarter, a plunge of 688% from the same period in 2018. The Colorado CBD maker attributed the loss to slow adoption of its products in mainstream food, drug and mass retailers. The results put the company’s profits down 688% from the same period in 2018, when the company […]
Read MoreGreen Growth Brands says laid-off workers will be paid while sale of CBD business continues
Cannabis retail giant Green Growth Brands, which abruptly laid off 870 workers last week and told them that plans to sell part of the business could be delayed “until the world begins to resume normalcy,” is trying to reassure investors and former employees that its transition plans are intact.
Read MoreWheat biotech doubles down on California hemp
An agriculture biotech company that markets high-fiber wheat is partnering with two other California firms in an attempt to grab market share among California hemp producers. Arcadia Biosciences of Davis, California, says it will work with Grow West, a northern California distributor of farm inputs and machinery, and the Buttonwillow Warehouse Company, which sells fertilizer in […]
Read MoreHemp Industry Daily Conference, 2 other cannabis trade events delayed or canceled
Marijuana Business Daily has decided to postpone or cancel three upcoming cannabis industry trade events scheduled for the United States and overseas because of the coronavirus pandemic. Here are the details: MJBizDaily’s Investor Intelligence Symposium, scheduled for next month in New York, has been canceled. Attendees have been notified. In lieu of the cancellation, MJBizDaily will launch a series […]
Read MoreFormer ‘Shark Tank’ investor joins hemp company board
California hemp and marijuana producer Goldenseed has added former “Shark Tank” investor Kevin Harrington to its advisory board. Goldenseed, a privately held company in Santa Cruz, said that Harrington has also invested in the company, though it did not say how much. Harrington was an early television informercial pitchman and appeared on the first two […]
Read MoreTroubled cannabis retailer Green Growth Brands announces CEO’s departure
Green Growth Brands, an embattled cannabis retailer in the process of selling off its line of mall-based CBD kiosks, said its CEO has stepped down, effective immediately. The outgoing CEO, Peter Horvath, came to the Columbus, Ohio, company after leading company strategy for retail giants such as Victoria’s Secret, American Eagle Outfitters, DSW and Limited […]
Read MoreDenver CBD maker opens Texas distribution center
A Denver CBD maker has opened a new fulfillment center in Dallas. CBD 100% Relief, which makes white-label CBD products and sells its own brand of CBD tinctures, creams and roll-ons online, announced Wednesday that it chose the Dallas-area for a new fulfillment center. The fulfillment center employs 12 people. Company CEO Daniel Sandoval said […]
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