France, Italy and the Netherlands are leading the pack when it comes to industrial hemp cultivation in Europe, according to the most recent data available. More than 50% of industrial hemp in Europe was planted in those three countries, and the amount planted across the continent rose 3.3% in 2018 compared to the previous year, according […]
Read MoreMonica Raymunt
First CBD novel food application headed for EU risk assessment
A cannabinoid producer in the Czech Republic is the first to have a CBD novel food application declared “valid” by EU authorities and move forward for a risk assessment. CBDepot’s application for the authorization of synthetic cannabidiol was sent to the European Food Safety Authority (ESFA) for a risk assessment on March 27, agency spokesman […]
Read More
Trans-Atlantic hemp trade hit by uncertainties
Supply-chain disruptions and delivery delays have become the new normal for hemp and other agricultural commodities as governments keep their borders shut and planes grounded to contain the spread of the coronavirus. Pandemic-related flight restrictions, delays and increased fees have made the complicated business of moving hemp biomass and extracts across national borders more challenging […]
Read More
Texas CBD shop offers extra social distancing with drone delivery
A CBD store in Texas has started a drone delivery service to adhere to social distancing measures to help slow the spread of the coronavirus. John Elmore, the owner of Green Cross CBD in Austin, told broadcaster KTBC that he was sterilizing products and offering curbside pickup before he started drone deliveries. “I was able […]
Read More
New Mexico hemp going in cannabis medicine exported to Israel
A New Mexico medical marijuana company has begun exporting cannabis-based medicine to Israel. Ultra Health spokeswoman Marissa Novel said recently the company started exporting earlier this month through a partnership with Israeli pharmaceutical group Panaxai. The medicine was created using hemp grown in Bernalillo County, New Mexico. Ultra Health is believed to be one of […]
Read More
Elixinol taps former marijuana exec as new Americas CEO
International CBD brand Elixinol has appointed a new CEO for North and South America. Tom Siciliano will oversee the company’s hemp-derived CBD business in the Americas region. He succeeds outgoing Americas chief Leif Harrison, who recently spoke to Hemp Industry Daily about the company’s revamped global strategy. Wednesday’s announcement of the management shakeup did not elaborate on […]
Read More
Kentucky hemp farm facing $9M bill wants contract voided over coronavirus
A hemp farm in Kentucky has asked a court to nullify its contract with an Oregon processing facility, saying neither party was able to uphold its end of the agreement and that coronavirus measures in both states should trigger language making the contract moot. Third Wave Farms filed the request Friday after Oregon LLC Pure Valley […]
Read More
CBD makers take stock of sales, strategy in coronavirus landscape
The coronavirus pandemic has upended the economic landscape and forced businesses of all sizes and industries to suspend operations, cancel events and furlough tens of thousands of workers. With markets in free fall and states imposing lockdowns across the U.S., some have argued that the hemp-derived-supplements industry could see an increase in demand as consumers […]
Read More
Lawmakers in Ghana legalize hemp cultivation
The West African nation of Ghana has passed legislation allowing hemp to be grown for industrial or medicinal purposes. The legislation allows the government to “grant a licence for the cultivation of cannabis which has not more than 0.3% THC content on a dry-weight basis for industrial purposes for obtaining fibre or seed or for […]
Read More
California court rejects libel claims over heavy-metals test reporting
A California CBD nonprofit has dodged a libel lawsuit after it was sued by two companies for saying a lab test showed that a CBD product they sold contained heavy metals. A California appeals court ruled Friday that the companies filing the suit – Medical Marijuana, Inc., and HempMeds PX – failed to show that the […]
Read More
Elixinol refocuses CBD strategy, global ambitions amid FDA inaction
Australian hemp company Elixinol Global had grand ambitions when it went public on the Australian Securities Exchange in January 2018, offering what might be termed the holy trinity of hemp business offerings: one for hemp and CBD supplements, one for hemp food products and one for an emerging medicinal marijuana market in Australia. Less than […]
Read More
New York CBD startup delays Canadian IPO on coronavirus issues
New York-based CanaFarma Hemp Products will start trading on the Canadian Securities Exchange (CSE) on Thursday. The listing, previously scheduled for Tuesday, was delayed at the company’s request “to account for world events relating to the coronavirus pandemic, which are expected to have caused extra delay in shareholders receiving their new shares,” a statement read. CanaFarma, known […]
Read More