Monica Raymunt


Reputation, revenue at stake as Brazil weighs legalization of cannabis cultivation

Brazil has fast-tracked a draft law that would legalize the cultivation of medicinal cannabis and industrial hemp, and the stakes are high. South America’s largest economy leads the world in several commodities markets, and some politicians say its farmers are keen to expand into hemp. Several other Latin American countries – Uruguay and Paraguay in […]

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German CBD maker secures undisclosed investment after 5 million euro valuation

A German CBD extractor has secured funding of an undisclosed amount from an independent investor in Hamburg who valued the company at 5 million euros ($5.9 million). Signature Products GmbH did not disclose the size of the investment but said in a statement that the investor’s appraisal makes it the youngest cannabis startup with the […]

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As CBD virtual launches become new normal, cannabis industry players offer best practices

Looking to educate and innovate without in-person events, hemp and marijuana companies are turning to virtual platforms for everything from trade conferences and product launches to consumer education and staff training. Spaces that facilitate an exchange of ideas, opportunities for networking and customer engagement remain in demand, even as the world navigates the tumultuous conditions […]

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11 hemp groups lay out argument for crop’s exemption from UN narcotics conventions

Eleven hemp groups from around the world have published a position paper to reiterate their stance that cannabis grown for industrial purposes does not fall under the scope of the U.N. narcotics conventions. The paper  argues that the cultivation of hemp for industrial purposes does not fall under the purview of the Single Convention on […]

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German hemp wholesaler sues city of Düsseldorf over CBD sales ban

Hempro International, a producer and wholesaler of hemp-derived food, clothing, accessories and cosmetics in western Germany, has filed suit against the city of Düsseldorf for its ban on the sale of hemp-derived CBD food products. The city of Düsseldorf published an announcement in July in its official gazette prohibiting the sale of cannabidiol-containing foods anywhere […]

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