CBD

Ohio bans CBD sales outside medical marijuana dispensaries

Ohio health officials have declared that over-the-counter CBD sales in the state are illegal, despite the products’ widespread availability in grocery and health stores. The Ohio Board of Pharmacy said that CBD is legal only from state-licensed medical marijuana dispensaries, though none has opened yet, according to The (Cleveland) Plain Dealer. The CBD ruling came […]

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Maine CBD executive settles SEC complaint for $390,000

The founder of a Maine-based CBD company will pay more than $390,000 to settle charges by the U.S. Securities and Exchange Commission that he advertised sales of unregistered securities on Craigslist. The SEC complaint alleges that, beginning in 2014, Richard Greenlaw of Kittery, Maine, raised approximately $500,000 from at least 59 investors by offering securities […]

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Illinois governor approves hemp law aimed at commercial production

Illinois is no longer one of the nation’s largest hemp holdouts after Gov. Bruce Rauner signed a law to allow immediate commercial production, citing activity in nearby states. The new law contains some of the nation’s strongest language protecting farmers’ ability to make money growing hemp. Farmers can submit a hemp research plan if federal law […]

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Soured CBD deal highlights need for ‘persnickety’ due diligence

A tantalizing innovation in the CBD market has turned into a nasty contract dispute that spans the globe.

Bomi Joseph, a California plant breeder, is suing CBD Naturals, a company that has been associated with Canadian CBD manufacturer Isodi. Isodiol once held distribution rights to Joseph’s self-proclaimed innovation – a cannabidiol product derived from a hops variant

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Stricter regulations stifle Michigan CBD market

CBD processing and sales are still legal in Michigan, but now they must be conducted within the revised, regulated medical marijuana market – at a cost many producers see as too high. Rick Thompson, a board member at the Michigan affiliate of the National Organization for the Reform of Marijuana Laws (NORML), said the May […]

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Canadian marijuana grower to buy Polish CBD company for $15.5 million

Canadian cannabis grower The Green Organic Dutchman has agreed to buy a Polish hemp company for $15.5 million. Green Organic Dutchman (TGOD) will pay $7.75 million in cash and the rest in stocks for 100% of HemPoland, a privately held company based in Elblag, Poland. The deal brings TGOD the CBD brand CannabiGold, as well as […]

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GW Pharma targets price of $32.5K for its FDA-approved CBD drug

London-based GW Pharmaceuticals announced it will charge $32,500 a year for its new epilepsy drug, Epidiolex. While that price tag seems high, CEO Justin Gover told The Wall Street Journal that the price is in line with other brand-name epilepsy medications. Epidiolex, the first cannabis medicine to win approval from the U.S. Food and Drug Administration, […]

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CBD maker sponsors track school to boost athletics line, conduct research

Isodiol International is seeking to boost its footprint in the CBD athletics space by partnering with a professional track-and-field training school that counts former Olympians among its clients. Here are the basics surrounding the partnership: Isodiol is paying the Altis training school $225,000 to establish a “living lab” and market its products to the roughly 100 […]

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