Cannabis Uruguay Ltda. (UCAN), a cannabis cultivator and processor in Montevideo, has exported its first shipment of dried flowers to Switzerland via Germany. The company’s 50-kilogram shipment of dried cannabis flower landed in Frankfurt on Saturday and arrived in Zurich on Sunday, Jorge Jover, an agronomist who works at UCAN, told Hemp Industry Daily. The […]
Read MoreMonica Raymunt
CBD cigarette maker hires Philip Morris strategist as new chief executive
A Las Vegas-based company preparing to launch a brand of CBD-containing hemp cigarettes later this year, Taat Lifestyle & Wellness, has appointed a former Philip Morris strategist as its CEO.
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Switzerland refunds $36M in taxes levied on low-THC cannabis growers, sellers
Swiss customs officials have returned approximately CHF 33 million ($36 million) to low-THC cannabis flower producers and sellers after a court said their products were unconstitutionally taxed as a tobacco substitute. CBD sellers in Switzerland had taken legal action to protest the 25% sales tax imposed on their goods as tobacco substitutes, according to a […]
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FDA reissues post on recall of lead-contaminated CBD oil from Florida manufacturer
The U.S. Food and Drug Administration has updated a post on its website to spread the word about a Florida company that recalled a batch of CBD oil after a state agency tested the product and found that it contained dangerous levels of lead.
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EU Commission revises stance on WHO cannabis scheduling vote as it leans toward CBD as a narcotic
The executive branch of the European Union is changing its stance on how EU countries should vote on the World Health Organization’s cannabis scheduling changes in December, Hemp Industry Daily has learned. The development comes on the heels of the European Commission announcing its preliminary view that CBD extracted from the flowering tops of the […]
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California pharma company announces plans to buy CBD beauty, pet brand
A drug delivery and development company in California with ambitions of entering the CBD consumer products market has made a $20 million offer to buy a CBD beauty and pet product company.
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Uruguay hemp seller ships half ton of low-THC flower to Switzerland via Germany
CPLANT, a hemp producer in Uruguay, has successfully sent half a ton of low-THC hemp flower to Switzerland via Germany, shipping what appears to be the South American country’s first major commercial export of CBD flower to Europe. The shipments of 442 kilograms of low-THC flower were sent on July 17 at a listed price […]
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Elixinol CEO offers insight into Europe strategy, supply-chain restructuring
In a recent presentation, you said the company was “well-positioned to navigate the regulatory environment that is dynamic, and we remain very positive that regulatory changes are working in our favor.”
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Elixinol’s new CEO defends CBD focus, offers leadership advice for economic downturn
The see-saw hemp industry has challenged all layers of the supply chain, from farmers looking to capitalize on a new crop to processors trying to find formulations that fit quickly changing rules.
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Colombian cannabis firm signs deal to bring CBD skincare line to Spain
Khiron Life Sciences has inked a deal to put its CBD skincare product line on the shelves of hundreds of drug stores across Spain.
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UN body sees challenges for adding CBD footnote to international narcotics treaty
The World Health Organization’s proposal to exempt plant-derived CBD extracts and tinctures with less than 0.2% THC from international control under a UN narcotics convention could be difficult to enforce, a United Nations monitoring body has said.
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New Australian law looks to boost hemp exports after COVID-19 threat passes
Australia has amended its narcotics law to put hemp exporters in a position to “come out firing” after the COVID-19 crisis eases, the country’s agriculture minister said.
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