CBD Products & CBD Business News

Grocery chain Kroger adds CBD topicals in stores across 17 states

The Kroger Co. is one of the latest retailers to introduce CBD in its stores. The Cincinnati-based grocery store chain said that, starting this week, it will begin carrying topical products containing cannabidiol in its stores in 17 states. The products Kroger will carry contain no THC, a spokeswoman for the retailer told The Detroit […]

Read More

Canadian cannabis giants stepping up investments in US hemp, CBD market

Two Canadian cannabis companies said this week that their strategy for expansion into the U.S. market includes – and will start with – hemp and CBD. Canopy Growth, a Smiths Falls, Ontario-based leader in the Canadian marijuana industry, said Tuesday it will open hemp processing facilities in seven U.S. states within the next year. Earlier […]

Read More

Global maker of natural sweeteners plans $60 million CBD investment

A Chinese sweetener company is moving into the hemp-derived CBD sector with plans to invest $60 million in a hemp processing facility in the Midwest. Layn Corp., based in the Guangxi province of China and best known for its stevia and monk fruit ingredients, plans to extract CBD from hemp, according to Food Navigator-USA. Layn […]

Read More

Harvest Health inks deal with Asian-American trade group to sell CBD at 10,000 retail stores in US

An Arizona cannabis company said Tuesday it has signed a landmark agreement to bring its CBD products to more than 10,000 gas stations, convenience stores and other retail locations in the United States. The partnership between Phoenix-based Harvest Health & Recreation and the Asian American Trade Associations Council (AATAC) retailer network will bring the company’s […]

Read More

Canadian CBD company taps Kellogg’s executive for global expansion

A Toronto-based hemp and CBD investment company has tapped the former president of Kellogg North America Co. to lead its planned expansion. Heavenly Rx, a subsidiary of Sol Global Investments, announced Monday that Paul Norman, former president of North America for the $13 billion food giant Kellogg’s, will be its new CEO. The announcement comes weeks after another Kellogg executive left […]

Read More

Top ornamental greenhouse operation ColorPoint making transition to hemp

One of the largest greenhouse operations in the United States is leaving ornamental bedding plant production behind and instead placing its chips on the burgeoning Kentucky hemp industry. ColorPoint, a Paris, Kentucky-based greenhouse operation owned by the industry-leading VanWingerden dynasty, said this week it is selling its 3.6-million-square-foot Granville, Illinois, facility to Red White & […]

Read More

CBD maker Charlotte’s Web to begin trading on Toronto Stock Exchange

Charlotte’s Web, a Boulder, Colorado-based CBD manufacturer, said Wednesday it received approval to uplist to the Toronto Stock Exchange (TSX). The company expects to start trading on the TSX on May 31 and will maintain its Canadian Securities Exchange ticker CWEB. The move to the TSX – the world’s ninth-largest exchange in terms of market capitalization […]

Read More

To address lack of regulatory standards, NGOs test CBD products in Europe

The CBD market in Europe faces a challenge that would look familiar to many U.S. producers: Its popularity is on the rise, despite lack of clear rules and industrywide standards. For consumers, this means legitimate products can often be found right next to others with significantly less CBD than advertised or with potentially harmful contaminants. This is especially […]

Read More