CBD Products & CBD Business News

Hemp State Highlight: Colorado’s market dominance threatened by falling prices, processing logjams

(This is the ninth installment in a series that examines hemp markets in U.S. states. Other installments: Nevada, New York, North Carolina, North Dakota, Oregon, Tennessee, Vermont and Virginia.) No hemp discussion goes far in the United States without a mention of Colorado, where more than half the nation’s 2017 hemp production occurred. Colorado has more acres in hemp, more farmers […]

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Tennessee raids shutter 23 stores for selling CBD products

Local authorities raided and padlocked 23 stores in the Nashville suburbs Monday because they sold CBD products. Indictments were levied against 21 people who were selling “a candy that resembled Gummie Bears with CBD,” Nashville TV station WSMV reported. In explaining the raid, Rutherford County Sheriff Mike Fitzhugh said that cannabidiol is “an illegal drug” and CBD is […]

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Cannabis businesses finding success in pet CBD market

An increasing number of cannabis companies are directing their efforts at four-legged users.

And there’s more than a billion reasons for that trend.

U.S. pet owners spent more than $30 billion in 2016 on pet supplies, treatments and veterinary care, according to the American Pet Products Association, an industry group representing pet product manufacturers and importers.

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Wisconsin tribe sues state for delaying CBD production

A Wisconsin tribe planning to produce hemp-derived CBD is suing the state because enforcement authorities say a new hemp law doesn’t necessarily clear the St. Croix Chippewa to start making cannabidiol. The lawsuit, filed in a federal court in Madison, comes weeks after Wisconsin expanded its limited CBD law by allowing hemp production. The Chippewa […]

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CBD confusion rallies conservative-state lawmakers

A raft of CBD-related measures are advancing in conservative states where lawmakers seem unwilling to wait for federal courts to decide the legal fate of cannabis-derived treatments low in THC. Kansas lawmakers are looking at giving CBD legal cover, a week after the Sunflower State’s attorney general ruled the treatments illegal. Indiana lawmakers are nearly […]

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CBD sales begin in Texas’ restrictive industry

Texas now has at least one registered CBD patient. According to a news release, Cansortium Texas – which does business as Knox Medical in the town of Schulenburg – made its first actual sale on Thursday to the family of a 6-year-old girl with intractable epilepsy. “The wait for medical cannabis is finally over,” Knox […]

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Cannabis Wheaton acquires Uruguayan hemp CBD producer for $15 million

Canada’s global cannabis-buying spree is moving to Uruguay. Vancouver, British Columbia-based Cannabis Wheaton announced Tuesday that it plans to spend up to $15 million to acquire 80% of Inverell shares. Based in Uruguaya’s capital, Montevideo, Inverell produces high-CBD hemp and low-THC marijuana. While Canadian marijuana companies have expanded their international reach by purchasing businesses in […]

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Colorado hemp grower wins processing appeal

A western Colorado town is changing its land development rules to allow CBD extraction from hemp, a change prompted by a hemp grower who appealed zoning rules that allowed him to grow hemp but not process it. David Cox, who is licensed to grow 100 acres of hemp, successfully argued that processing hemp is similar […]

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CBD, hemp changes advancing in state capitols

Federal confusion about CBD and hemp is giving state lawmakers in three of the most conservative parts of the country a reason to back cannabis legislation that addresses the cannabidiol conundrum.

Indiana’s Senate voted this week to legalize all CBD oil products in Indiana that contain up to 0.3% THC, Indianapolis TV station WTHR reported.

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Texas CBD program stalls as growers produce oils but have no patients

Texas’ long-awaited CBD program is underway. Sort of. The nation’s second-most populous state has a limited CBD program, three licensed growers and plants harvested. But Texas has no patients just yet, a signal that the state’s elaborate hurdles are blocking consumers from accessing marijuana-derived medicine even if it’s a cannabidiol product low in THC. “We […]

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CBD confusion mounts in Iowa as police seize goods but don’t always test for THC

Iowa police who’ve been seizing CBD products off store shelves have in some cases not been testing them to see if they contain illegal THC, adding to the confusion surrounding cannabidiol’s legal status in the state. Authorities have seized oils, lotions and candies containing CBD in at least two jurisdictions, the Des Moines Register reported. Some […]

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