Canadian CBD company NewLeaf Brands Inc. is changing its name to Mydecine Innovations Group Inc. to reflect its focus on developing strains of psychedelic mushrooms.Read More
South Africa has amended its drug law to allow some CBD products to be available over the counter, making a temporary rule on non-prescription CBD permanent.Read More
A Canadian marijuana producer has announced it’s shifting to processing and extracting hemp biomass into CBD concentrates by signing a purchase agreement with a leading supplier of high-CBD industrial hemp.Read More
A federal judge has entered an order of permanent injunction to stop a New York company from selling unapproved and misbranded drugs until it complies with the law.Read More
Beleaguered multistate cannabis retailer Green Growth Brands’ sale and investment solicitation process (SISP) was approved by a Canadian court.Read More
Neptune Wellness Solutions, a Laval, Quebec-based hemp processor and CBD manufacturer, has appointed a former Walmart executive to head up its Biodroga business unit and recently formed Health and Wellness Innovation Division as senior vice president.Read More
A London-based cannabis investment company focused on investing in or buying companies operating in the CBD wellness and medicinal cannabis industries, has made its first investment in the hemp and CBD space.Read More
Since the beginning of March, federal food and drug regulators have issued warning letters to 64 companies for selling products under claims that they will prevent, treat, mitigate diagnose or cure COVID-19, including eight to CBD companies.Read More
International cannabis giant Canopy Growth Corp. remains bullish on the U.S. CBD market, even as the company reported an eye-popping net loss of 1.3 billion Canadian dollars ($944 million) last quarter.Read More
The U.N. body that decides drug policy has a plan for moving forward with a landmark vote in December on whether to revise the inclusion of cannabis and cannabis-related substances in two international narcotics conventions. The roadmap from the U.N. Commission on Narcotic Drugs (CND) for holding the vote despite the global coronavirus pandemic was […]Read More
Colorado-based CBD producer Elixinol got dismissal of a class-action lawsuit that alleged the company’s products were illegal to sell under federal law. The plaintiffs who sued in federal court in the Northern District of California filed a voluntary notice of dismissal May 7, dropping “all claims against” Elixinol. The lawsuit filed on December 2019 claimed […]Read More
In just two years, the number of specialty pet stores that carried Colorado-based Functional Remedies’ CBD products increased dramatically, going from 100 to 500 – underscoring the fast growth of a market that’s now reaching mass-market retailers like Petco and PetSmart. “More and more people are understanding how CBD and how hemp-based products can enhance […]Read More
Federal judge orders New York company to stop distributing hemp seed oil after FDA’s repeated warningsJune 2, 2020
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Laura Drotleff Interviews Dr. Jonathan Vaught, CEO & Founder of Front Range BiosciencesHemp Industry Daily reporter, Laura Drotleff, interviews Dr. Jonathan Vaught, CEO & Founder of Front Range Biosciences.
Monica Raymunt Interviews Giovanni Isoldi, CTO at Materia Medica ProcessingHemp Industry Daily international reporter, Monica Raymunt, interviews Giovanni Isoldi, CTO at Materia Medica Processing.
Starting a CBD Business During a Time of UncertaintyThe economy has seen its fair share of up’s and down’s, but the CBD industry, still in infancy, has been a wild ride. The CBD industry has been the mecca for business entrepreneurs and start-ups, but what happens when economic or environmental circumstances out of your control strike? Hemp Industry Daily reporter Ivan Moreno, speaks with Jennifer Culpepper, Founder and Principal at Brand Joint and Co-founder at I+I Botanicals, and Christopher Gavigan, Founder and CEO at Prima, to discuss their experience during COVID-19.