Monica Raymunt

The Body Shop launches three CBD skin-care products in UK, US

Published October 1, 2020

The Body Shop, an international producer and retailer of cosmetics, skin care and hair products based in the U.K., has launched three CBD skincare products for retail sales in the United States and the U.K.

California judge waives need for FDA guidelines to rule on CBD chocolate lawsuit

Published October 1, 2020

A judge in California has dismissed a lawsuit against a CBD candy manufacturer, saying it was not necessary to wait for U.S. guidelines on CBD in edibles to issue a ruling on the case.

Is construction the future of hemp in Europe? 5 Questions with Steve Allin

Published September 29, 2020 | By Monica Raymunt

With the regulatory landscape for CBD in Europe growing more and more tenuous, some hemp producers are adamant that plant fiber offers a way to prop up the industry.

California pharma company wraps up purchase of CBD beauty, pet brand

Published September 24, 2020

A drug delivery and development company in California said Thursday it has wrapped an agreement to acquire a CBD beauty, wellness and pet product maker for $20 million.

UK food regulators reject CBD as narcotic, stand by novel food deadline

Published September 23, 2020 | By Monica Raymunt

Great Britain has rejected the European Commission’s preliminary stance that hemp flower-derived CBD should regulated as a narcotic, a key food safety regulator in the UK says.

Swiss food giant Nestlé enters European CBD market with softgel launch

Published September 21, 2020

A subsidiary of Nestlé, the world’s largest food and beverage company, has started producing and selling CBD softgels in Europe.

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

Published September 18, 2020 | By Monica Raymunt

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 […]

German CBD maker secures undisclosed investment after 5 million euro valuation

Published September 17, 2020

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 […]

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

Published September 16, 2020 | By Monica Raymunt and Margaret Jackson

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 […]