CBD Products & CBD Business News


Hemp and CBD companies step up to donate hand sanitizer, supplies in battle against coronavirus

Private and public companies nationwide have rallied to donate money and supplies in the fight against the coronavirus pandemic – hemp and CBD companies among them. At such an unprecedented time in world history, hemp and CBD companies are pitching in and doing their part by: Donating medical supplies like gloves and masks Donating profits […]

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FDA cracks down on three CBD companies making COVID-19 claims

The U.S. Food and Drug Administration has sent warning letters to three more CBD retailers for making COVID-19 claims. Letters were sent to Indigo Naturals and Native Roots Hemp on Monday, and to CBD Online Store on Wednesday. The FDA warned them to stop making claims linked to the coronavirus or else risk legal action, including seizure […]

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Charlotte Figi, namesake of Colorado CBD manufacturer, has died

Charlotte Figi, the namesake of a Colorado CBD company who became a symbol for the therapeutic potential of cannabidiol and medical cannabis, has reportedly died from complications associated with COVID-19, the illness caused by the coronavirus pandemic. Charlotte’s death was announced late Tuesday in a Facebook post by a family friend. No time or location […]

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NY attorney general orders CBD company to stop marketing products as coronavirus cure

New York state’s attorney general has ordered a CBD company to stop marketing one of its products as “immunity oil” against the coronavirus. Attorney General Letitia James said “consumers have encountered these false claims in email campaigns” by the company called Finest Herbalist, the Daily Voice reported Wednesday. The emails have titles such as, “Protection from Corona […]

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Neptune Wellness Solutions appoints two new board members

A Quebec, Canada-based supplements company announced the installment of two new members to the company’s board of directors. Neptune Wellness Solutions of Laval, Quebec, on Tuesday said Joseph Buaron and Michael A. de Geus were joining the company’s board. Buaron has two decades of experience as a chief technology officer, while de Geus is a […]

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First CBD novel food application headed for EU risk assessment

A cannabinoid producer in the Czech Republic is the first to have a CBD novel food application declared “valid” by EU authorities and move forward for a risk assessment. CBDepot’s application for the authorization of synthetic cannabidiol was sent to the European Food Safety Authority (ESFA) for a risk assessment on March 27, agency spokesman […]

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CBD store owner accused of defrauding investors in SEC complaint

The co-founder of a defunct Connecticut holding company and CBD and hemp store has been charged by the U.S. Securities and Exchange Commission with bilking investors. In addition to his holding company, Halitron, Bernard Findley was the co-founder of Hopp & Hemp Co., which sold CBD and other hemp products, according to The Newton Bee. A federal charging […]

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Beset by delays, Canadian CBD drink market looking for expanded future

Two beer giants had big plans to sell CBD infused beverages in Canada by the end of last year. But only one has hit shelves yet, underscoring the challenged cannabis drinks market in Canada. Fluent Beverage Co., a partnership between St. Louis, Missouri-based Anheuser-Busch InBev and Canadian cannabis giant Tilray, says it launched a line […]

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Green Growth Brands places struggling CBD business into receivership

The CBD business side of Columbus, Ohio-based cannabis retailer Green Growth Brands is going into receivership, just a few weeks after it said it wants to sell the struggling business. The company announced Friday that it filed a motion to appoint a receiver with the Franklin County Court of Common Pleas in Ohio. Green Growth […]

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Is CBD retail ‘essential’? Shuttered hemp retailers fight to stay open alongside grocery, marijuana stores

Hemp production has been classified as “essential” by the federal government during the coronavirus pandemic. But the classification doesn’t extend to retailers selling hemp and CBD — and some retailers told to shut down during the coronavirus response are asking authorities to reconsider and designate them “essential” businesses. They point out that many states classify medical […]

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