CBD Products & CBD Business News


GW Pharma trims loss to $8 million, warns virus could hit sales

CBD maker GW Pharmaceuticals lost $8 million in its latest quarter – an improvement over the previous three-month period – but the United Kingdom-based medical cannabinoid company warned the COVID-19 pandemic could hit sales if fewer patients visit their doctors. Revenue in the quarter ending March 31 reached $120.6 million, up from $91 million and $109.1 […]

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California coffee company begins work on Nicaraguan hemp grow facility

A California coffee company says it has broken ground on a project to build a hemp grow and processing facility in Nicaragua as part of an agreement with a cooperative there. Youngevity International of Chula Vista announced the groundbreaking Tuesday, saying two of its U.S. subsidiaries, including one that sells CBD-infused coffee, and their Nicaraguan […]

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CBD execs discuss managing your business in uncertain times

Hemp Industry Daily hosted a webinar looking at ways CBD and hemp businesses can navigate the challenges of operating in the U.S. during the COVID-19 pandemic. In the free webinar, Hemp Industry Daily reporter Ivan Moreno talks with two executives with experience launching their own businesses. They offered guidance and tips on: Funding and Cash Flow:  How to […]

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Colombian hemp seeds being exported to Denver

A Toronto-based biopharmaceutical cannabinoid company is exporting 100,000 hemp seeds to Denver from Colombia through a subsidiary there. The first seeds were exported Thursday, according to Avicanna CEO Aras Azadian. Avicanna develops, manufactures and sells plant-derived cannabanoid-based products. Exporting all the seeds will be completed in the next two weeks. The Colombian government said that […]

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Thursday webinar: CBD executives share tips on starting a business in uncertain times

The CBD market has attracted plenty of entrepreneurs, despite the nascent industry’s wild ride so far. Running a business won’t always go smoothly, but you can learn how to navigate uncertain times, whether it’s COVID-19 or another unexpected calamity. The clock is ticking to register for Hemp Industry Daily’s live webcast, “Starting a CBD Business During a Time […]

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