Monica Raymunt


Oregon CBD company sues lab over THC-laden extract shipment

A CBD company in Oregon is suing a Massachusetts hemp refinery over a shipment of hemp extract that was seized for containing too much THC, leading to criminal charges. Key Compounds filed suit against Phasex Corp. in federal court for negligence and breach of contract. The company alleges that Phasex was responsible for the contents of an […]

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FDA sends warning letter to UK CBD company over coronavirus claims

The U.S. Food and Drug Administration has issued a warning letter to a CBD manufacturer based in the UK for making claims that its products could prevent or treat coronavirus infections. The letter was sent to London-based Nova Botanix LTD, which sells CBD products under the brand CanaBD, on Thursday. It was the latest in […]

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Pennsylvania CBD wholesaler expands sales team with Zappos executive

A CBD and terpene wholesaler in Pennsylvania has hired a former Zappos executive as part of a drive to expand its management team and market its cannabinoid formulations to large consumer products companies. Leetsdale-based Hemp Synergistics has brought on Allison Bentley, a former merchandising manager at e-commerce giant Zappos.com, to serve as vice president of […]

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Canada’s Canopy Growth to shutter New York growing operations

Canopy Growth, a global cannabis giant that muscled its way into the U.S. hemp market, has announced that it is shutting down its hemp-growing operation in New York state, citing a glut of hemp from last year. The Canada-based company will cease farming operations in Springfield, New York, but will continue using its hemp supply […]

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Iowa manufacturer, Brazilian firm team up to deliver CBD products

An Iowa ingredients manufacturer has partnered with Brazilian medical cannabis company to launch several hemp-derived medical cannabis products under the brand name CBD CALM in Brazil. Kemin Industries of Des Moines will act as the lead consultant for medical marijuana producer MedPharm Iowa, struck a deal in March with Brazilian distributor CBD Vida to deliver cannabinoid-containing products […]

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FDA cracks down on three CBD companies making COVID-19 claims

The U.S. Food and Drug Administration has sent warning letters to three more CBD retailers for making COVID-19 claims. Letters were sent to Indigo Naturals and Native Roots Hemp on Monday, and to CBD Online Store on Wednesday. The FDA warned them to stop making claims linked to the coronavirus or else risk legal action, including seizure […]

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Charlotte Figi, namesake of Colorado CBD manufacturer, has died

Charlotte Figi, the namesake of a Colorado CBD company who became a symbol for the therapeutic potential of cannabidiol and medical cannabis, has reportedly died from complications associated with COVID-19, the illness caused by the coronavirus pandemic. Charlotte’s death was announced late Tuesday in a Facebook post by a family friend. No time or location […]

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