CBD Products & CBD Business News

CBD import deals pick up in Canada ahead of new regulations

Canada’s cannabis industry isn’t waiting for looming regulatory changes that will permit companies to process domestically grown hemp flowers for CBD extraction. To capitalize on the current boom in cannabidiol products, Canadian companies are turning to imported CBD.

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CBD manufacturer signs deal to get product in 7-Eleven stores

One of the nation’s best-known convenience store chains, 7-Eleven, could carry CBD products in up to 4,500 franchise locations across the United States by the end of 2018.

Phoenix Tears, a Denver company that makes hemp-derived CBD oils and oral sprays, announced the distribution deal Tuesday.

The Denver company made the 7-Eleven deal with the help of MarketHub Retail Services, a distributor that works with 7-Eleven franchisees.

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Texas backs off CBD ban, but keeps option open

The Texas Department of State Health Services is pausing its proposal to ban over-the-counter CBD food products and supplements, according to the Austin American-Statesman. The agency now says it will delay implementing the CBD ban until it consults with law enforcement about the legality of cannabidiol.

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Australia issues CBD, hemp warning over illegal safety claims by US firms

Australian health authorities issued a warning about CBD and hemp products made in the United States, saying that some companies are illegally exporting CBD to Australia and claiming the products have been found safe – even though they have not been reviewed. In a consumer alert issued Monday, Australia’s Therapeutic Goods Administration (TGA) said “companies located […]

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Ontario moves to take hemp out of marijuana regulations, setting up Canadian hemp wave

In a decision that could set a global precedent for hemp production, the Canadian province of Ontario decided hemp won’t be regulated the same as marijuana, leaving cannabis below 0.3% THC under the regulation of agriculture authorities. Canada is among the world’s largest hemp producers but is just starting to allow CBD extraction from hemp […]

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Michigan will regulate CBD as it does marijuana

Michigan regulators say products made from CBD will now be covered under medical marijuana laws. The state Department of Licensing and Regulatory Affairs on Thursday issued a notice about the regulation of CBD because of “confusion over its legality, the Detroit Metro Times reported.

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South Carolina to double hemp licensing in 2019 as farmer demand surges

South Carolina plans to double its hemp program for 2019, saying that overwhelming farmer demand is driving a need for more licenses even as the state’s first legal crops are just going in the ground. The Palmetto State allowed just 20 hemp growing licenses for 20 acres each for 2018, the first year for a modern […]

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