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 […]
Read MoreMonica Raymunt
Launching CBD products in the UK: Q&A with Deepak Anand, CEO of Materia Ventures
Hemp Industry Daily spoke with Materia Ventures CEO Deepak Anand for some best practices about entering the UK market.
Read MoreAustralian government unveils proposal for over-the-counter CBD
Australia has a proposed framework for CBD regulations as it considers relaxing its narcotics scheduling of cannabidiol to make it available over the counter in limited doses.
Read MoreCBD brand Elixinol names second new CEO in a month
International CBD brand Elixinol has appointed a former supplement-industry executive as its new global CEO – the Australian company’s second management reshuffle in less than a month.
Read MoreIceland amends narcotics regulation to allow hempseed imports
Farmers in Iceland will be allowed to import industrial hempseeds for the first time this year after the health minister gave regulators the power to grant exceptions to the Nordic island’s total ban on cannabis and cannabis products.
Read MoreFDA 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 […]
Read MoreHemp group pitches plant as an economic engine for Europe in post-pandemic era
The European Industrial Hemp Association wants EU policymakers to see industrial hemp as a potential catalyst for regenerating rural areas following the coronavirus economic downturn.
Read MorePennsylvania 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 […]
Read MoreCanada’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 […]
Read MoreIowa 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 […]
Read MoreFDA 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 […]
Read MoreCharlotte 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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