CBD Products & CBD Business News

DEA rule change sparks concern on marijuana extracts

The U.S. Drug Enforcement Administration has introduced a new rule on how it tracks marijuana extracts that is causing concern in the marijuana industry. But should it? The DEA announced in the Federal Register it is creating “a new Administration Controlled Substances Code Number for ‘Marihuana Extract’” so that it can track things like concentrates and […]

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Australian CBD producer to distribute in Czech Republic

Talk about an international operation. An Australian nutraceutical company that manufactures hemp-based CBD products in Switzerland is planning to sell them in the Czech Republic, according to a news release from the company, Creso Pharma. Creso, a public company that trades on the Australian stock exchange, said it has signed a distribution agreement with the […]

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Texas authorities won’t act against pharmacy selling hemp oil products

The Texas Department of Public Safety has opted against pursuing legal action against an Austin pharmacy that sold products crafted from hemp oil, citing “ambiguities” over the status of CBD products under state law. The decision spurred one statewide hemp industry advocacy group to renew calls for Texas legislators to clarify laws around the cultivation, […]

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Certified seeds and CBD help US hemp industry take root

By Omar Sacirbey America’s fledgling hemp industry recently got its latest boost when the Colorado Department of Agriculture submitted for potential state certification six varieties of hempseeds that, if certified, U.S. farmers could buy to start their own crops. Hemp cultivation also is benefiting from rising demand for CBD products and new applications for hemp.

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Medical Marijuana Inc. partners with CannaNative on CBD product

California-based Medical Marijuana Inc. and Native American company CannaNative have put together a hemp-derived CBD product line to be sold on tribal lands. The companies said in a news release Monday that Medical Marijuana Inc. and its HempMeds subsidiary will produce the product line, which will be sold under the CannaNative brand. It will be offered […]

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Missouri AG Sues Four Retailers Over CBD Oil

Missouri Attorney General Chris Koster has filed suit against a quartet of retailers for selling hemp-derived CBD oil, charging they don’t have licenses. Koster has been seeking to shut down upwards of 30 unlicensed CBD retailers in the state, according to the Associated Press. All but four shops voluntarily shut down after receiving written warnings in […]

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One of Two Missouri CBD Dispensaries Open for Business

One of two licensed Missouri businesses legally allowed to grow and dispense CBD is now open and has been serving patients for about two months. BeLeaf is growing and dispensing a high-CBD strain of industrial hemp called Noah’s Releaf imported from California. It so far has about 20 customers from across the state that range […]

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Missouri CBD Program Lacking Physician Support

The two Missouri companies that have been licensed to grow and produce CBD medicine from industrial hemp are looking at a super-slow start, mostly because neurologists in the state are hesitant to write recommendations for the drug. Missouri is one of more than a dozen states that have legalized CBD-based medicines derived from either industrial […]

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Colorado City Giving Hemp Firm $5M in Incentives

The city of Pueblo, Colorado, is giving an upstart company a package of incentives worth $4.89 million to buy equipment and transform a long-shuttered former Boeing plant into a large CBD and hemp processing facility. The deal marks the first time a city has backed a hemp company to spur economic development, according to a statement from the […]

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CBD cafe to open in England

The United Kingdom is about to get its first “cannabis cafe” – sans THC. The shop, which is planned for Manchester, will feature only CBD products manufactured in Germany from hemp. “We have people filling it into bottles, branding it and bringing it over,” owner Colin Davies told the Manchester Evening News. Davies isn’t marketing it […]

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CBD Laws Largely Symbolic Victories, as Business Opportunities Are Few and Far Between

By John Schroyer In 2013, CNN aired a documentary by Dr. Sanjay Gupta that featured a young girl whose innumerable seizures were relieved by a high-CBD medical marijuana strain. The documentary – and Gupta’s concurrent proclamation that marijuana does indeed have medical benefits – had an immediate impact. In the early months of 2014, lawmakers […]

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