Briefs

CBD company plans aromatherapy, cosmetics focus in new partnership

A Canadian supplements company that makes CBD extracts plans to focus on aromatherapy topicals through a collaboration with a prominent flavorings and scents firm. Neptune Wellness Solutions of Laval, Quebec, which makes fish-oil supplements and cannabinoid oils, said Monday it is giving $24 million worth of stock warrants to International Flavors & Fragrances (IFF) in […]

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FDA won’t be hurried to create CBD exceptions amid safety concerns, official says

A top official for the U.S. Food and Drug Administration (FDA) said the agency is concerned that developing a legal exception for supplements containing CBD could send the wrong message, both to companies interested in entering the market and consumers. Lowell Schiller, the FDA’s principal associate commissioner for policy who is leading a panel investigating […]

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NYPD seizes Vermont hemp shipment, mistakes it for marijuana

New York City police seized a shipment of what it believed to be 106 pounds of marijuana and arrested the buyer on criminal charges, but the Vermont farm that shipped the product said it’s legal hemp, not MJ. Fox Holler Farms, a hemp farm based in New Haven, Vermont, said every box of its product […]

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Oregon hemp facility fined $825,000 for housing workers in condemned building

Five Southern Oregon hemp businesses have been fined $825,000 for allegedly making employees live and work in unsafe conditions. Oregon’s Occupational Safety and Health Administration (OSHA) fined five businesses connected to a processing facility in Josephine County, including Eighteen New Hope and Safe and Simple. The facility operators were identified as owners Yoram Levy and […]

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Losses narrow for GW Pharmaceuticals on dramatic revenue increase

A strong uptick in doctor prescriptions and coverage from health insurers is being credited for solid quarterly revenues for GW Pharmaceuticals. The London-based firm that makes cannabis-derived CBD medicines reported revenue of $91 million for the third quarter ended Sept. 30, up more than 3,500% from the same period a year ago. Despite the revenue […]

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CV Sciences reports falling revenues, sales amid ‘flood’ of new competitors

CV Sciences, a San Diego-based CBD manufacturer, reported revenue of $12.6 million for the third quarter ended Sept. 30, down more than 7% from the same period a year ago. Profit for the quarter was $8.4 million, down 15% from the previous year. The results fell well short of analyst expectations even as CV Sciences […]

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Cancer specialist nominated to lead FDA

A cancer specialist from Houston has been chosen to take control of the U.S. Food and Drug Administration (FDA), which is reviewing its CBD policy. President Donald Trump on Friday picked Dr. Stephen Hahn of the MD Anderson Cancer Center to permanently lead the agency, pending congressional affirmation. The 59-year-old oncologist would replace Dr. Scott Gottlieb, […]

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Fire at Pennsylvania drying shed prompts storage warning

Farmers drying hemp should treat their crops like hay and watch for overheating. That’s the warning in the wake of a Pennsylvania fire this week in a shed that had been converted to a hemp dryer in Lancaster County. The blaze cost farmer Alvin Esh about $5,000 to $6,000 worth of hemp, he told The Lancaster […]

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Virginia tobacco giant adds hemp to its lobbying activity

Virginia tobacco giant Altria has added hemp policy to its lobbying activities, spending roughly $60,000 this year to lobby the U.S. Congress and U.S. Department of Agriculture on “matters pertaining to hemp and crop insurance.” The lobbying, first reported by Cannabis Wire, marks an initial lobbying effort related to hemp by the parent company of […]

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North Carolina lawmakers settle on 2020 for ban on smokable hemp

North Carolina officials have agreed to ban smokable hemp production starting next summer. House and Senate negotiators finished work late Monday on a bill that includes the ban. The measure now awaits a final procedural vote before heading to the desk of Democratic Gov. Roy Cooper, who has not said whether he supports or opposes the […]

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