CBD Products & CBD Business News

Indiana apologizes to 50 businesses cited for selling CBD

Indiana authorities are apologizing to about 50 businesses after regulators erroneously cited them for selling illegal CBD products. The letters were sent despite assurances by state officials that the store owners wouldn’t be penalized until CBD’s legal status is settled. Indiana’s Alcohol and Tobacco Commission sent the citation letters just before Christmas, WTHR-TV reported. The letters […]

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Canadian hemp company inks California distribution deal

A Canadian hemp company clinched a California distribution deal that will see its CBD-infused foods and waters on shelves in 550 dispensaries. Phivida Holdings of Vancouver, British Columbia, said it struck the agreement Wednesday with Green Reef Distribution, a company in Santa Monica, California, that distributes cannabis products. The Green Reef deal gives Phivida its first […]

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Utah launches CBD probe, but some retailers unfazed

CBD chaos has spread to Utah, where state authorities have launched an investigation of the nascent cannabidiol industry even as business owners are risking expansion into the hot market. The confusion started in late December, when the Utah Division of Occupational and Professional Licensing seized about $400 worth of CBD products from an antiques store […]

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Confusion over CBD helps derail proposed store in Idaho

An Idaho business owner who tried to open a storefront selling dietary supplements has been stymied by local officials who say the CBD products he wanted to sell may be illegal in the state. Michael Larsen applied for a business permit to open a retail store called Welcomed Science in Garden City, near Boise. But […]

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Four arrested in Nebraska CBD case

A vaping shop in Nebraska has been shut down and the owners and two employees charged with crimes for selling cannabidiol, which Nebraska considers a controlled substance. The arrests in Herman, about 35 miles north of Omaha, come two months after Nebraska Attorney General Doug Peterson declared CBD products illegal because they haven’t been approved by […]

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Hemp State Highlight: New York has a $5 million plan to become hemp processing hub

New York typically goes big, and when it comes to hemp, the Empire State is writing the nation’s fattest check yet to promote its new crop. After a late start authorizing hemp production and a program that is relatively small compared to bigger agricultural producers, New York hopped to the front of the nation’s hemp line in July, when Gov. Andrew Cuomo invited hemp entrepreneurs to compete for $5 million in development grants.

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Utah Republican starts CBD research company

A former GOP congressman from Utah has started a CBD company, where the Republican plans to conduct studies on the possible medical benefits of cannabidiol. Former U.S. Rep. Chris Cannon told the Standard-Examiner he created the company after his state passed a 2017 law expanding cannabis research under the direction of a physician. “We realized a long […]

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CBD manufacturer buys stake in Canadian maker of hemp, MJ pharma products

A CBD manufacturer with offices in Canada and California is moving further into the Canadian cannabis market, acquiring a 25% stake in a company in the final stages of licensing to make hemp and marijuana pharmaceutical products. Isodiol International said it’s acquiring 25% of Canadian National Pharma Group, a pharmaceutical manufacturing company. Isodiol also has […]

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CBD sales spike in Indiana ahead of feared crackdown

Stores selling CBD in central Indiana are seeing a spike in sales after the state’s attorney general declared the products illegal with one limited exception. Kokomo store owner Joan Johnson said sales and interest in CBD increased after Attorney General Curtis Hill issued his opinion last month, the Kokomo Tribune reported. Hill said that CBD products are […]

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Hemp, CBD investments accelerating in Europe

Cannabidiol investments are heating up across Europe, as entrepreneurs race to capitalize on hemp and CBD business opportunities. A Swiss cannabis business, CBD420, is marketing hemp strains that meet Europe’s limit of 0.2% THC, with products for sale in more than 1,000 tobacco shops in Switzerland and more than a dozen shops in France, according to […]

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Oklahoma proposal would allow hemp-based CBD production

Oklahoma lawmakers are poised to consider legal hemp production in 2018, a move that would open the state’s limited cannabidiol program to in-state producers. If the bipartisan proposal aimed at boosting a sagging farm economy succeeds, Oklahoma would join more than 30 other states that allow hemp production. “It’s a true cash crop and has a […]

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