Colorado Gov. John Hickenlooper has signed a bill to permit doctors to prescribe CBD medicines provided they have won approval from the U.S. Food and Drug Administration – a development that could happen within a matter of weeks.
Read MoreCanadian hemp grower expanding into Colorado with line of CBD products
A Canadian company will expand into Colorado via a licensing agreement to put hemp-derived CBD products in Colorado dispensaries. Friday Night, which owns a medical marijuana cultivator and CBD company in Las Vegas, announced that its subsidiary, Infused MFG, will contract with concentrate manufacturer Denver Dab Co. Denver Dab will make CBD topicals, tinctures, supplements, vape […]
Read MoreFighting fakes: Hemp leaders on the dangers of synthetic CBD
When about 50 people in Utah fell ill last fall after consuming CBD, most of them through vaping, public health investigators were on the case. What the epidemiologists found came as no surprise to people in the cannabis industry: The products, while labeled CBD, weren’t CBD at all.
Read MoreMissouri’s hemp law authorizes seed development from ‘wild cannabis’
Missouri has become the first state to specifically authorize hemp production from wild cannabis and the 40th overall state to authorize hemp production. Missouri’s industry-friendly law also stipulates that hemp can be added to food.
Read MoreHemp opportunities in Europe: Q&A with Adalia’s Paolo Monasterolo
Europe is fertile ground for hemp cultivation, but its low-THC caps limit opportunities for U.S. producers seeking to export CBD and other hemp products to the EU. That’s according to Paolo Monasterolo, CEO of Estonia’s Adalia Holding.
Read MoreColorado designates hemp a food ingredient to prevent drug crackdown
Colorado became the first state to designate hemp as a food product, a change designed to safeguard manufacturers who add hemp extracts to foods and cosmetics. The law also states that federal drug authorities may not interfere with the sale of nonpharmaceutical cannabis extracts.
Read MoreCanadian hemp producer buys stake in marketing, branding firm
A Vancouver hemp producer is buying a stake in a marketing and branding company that specializes in cannabis. Global Hemp Group announced Friday that it is buying a 50 percent equity interest in Cash Crop Today Media
Read MoreHemp wins federal water battle, just in time for Montana farmer
Hemp farmers may have access to federal water if they follow Farm Bill rules for growing the crop, thanks to a long battle by a Montana farmer and state agriculture authorities to secure water rights from the U.S. Bureau of Reclamation.
Read MoreMontel Williams targets wider market with hemp-derived CBD line
Talk show host Montel Williams’ outspoken advocacy of cannabis treatments for his multiple sclerosis predates many later celebrity branding attempts. But when he heard that other companies were using his name to imply endorsement for CBD products, Williams didn’t just file a fraud lawsuit. He launched a new CBD line.
Read MoreCBD’s legal status remains a conundrum – even for the DEA
Less than a month after a court decision upheld the U.S. Drug Enforcement Agency stance that CBD is an illegal drug made from marijuana, the agency released a statement clarifying its position and separating hemp-derived cannabidiol from its enforcement.
Read MoreCBD import deals pick up in Canada ahead of new regulations
Canada’s cannabis industry isn’t waiting for looming regulatory changes that will permit companies to process domestically grown hemp flowers for CBD extraction. To capitalize on the current boom in cannabidiol products, Canadian companies are turning to imported CBD.
Read MoreCBD manufacturer signs deal to get product in 7-Eleven stores
One of the nation’s best-known convenience store chains, 7-Eleven, could carry CBD products in up to 4,500 franchise locations across the United States by the end of 2018.
Phoenix Tears, a Denver company that makes hemp-derived CBD oils and oral sprays, announced the distribution deal Tuesday.
The Denver company made the 7-Eleven deal with the help of MarketHub Retail Services, a distributor that works with 7-Eleven franchisees.
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