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 […]Read More
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 […]Read More
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 […]Read More
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 […]Read More
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 […]Read More
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 […]Read More
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 […]Read More
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 […]Read More
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 […]Read More
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 […]Read More
Call it a benefit of being on the legal side of the cannabis business. Legal hemp businesses are eligible for emergency loan assistance and other lifelines included in the $2.2 trillion economic stimulus signed into law last week to hold off economic devastation from the coronavirus pandemic. You can apply for Economic Injury Disaster Loans […]Read More
The BRN Group, a New York-based branding company, says it is still interested in buying the CBD business of Green Growth Brands, an Ohio-based retailer that announced plans in late February to sell most of its interest in a line of mall kiosks selling hemp-derived CBD products. However, the potential sale of the business might […]Read More
Laura Drotleff Interviews Dr. Jonathan Vaught, CEO & Founder of Front Range BiosciencesHemp Industry Daily reporter, Laura Drotleff, interviews Dr. Jonathan Vaught, CEO & Founder of Front Range Biosciences.
Monica Raymunt Interviews Giovanni Isoldi, CTO at Materia Medica ProcessingHemp Industry Daily international reporter, Monica Raymunt, interviews Giovanni Isoldi, CTO at Materia Medica Processing.
Starting a CBD Business During a Time of UncertaintyThe economy has seen its fair share of up’s and down’s, but the CBD industry, still in infancy, has been a wild ride. The CBD industry has been the mecca for business entrepreneurs and start-ups, but what happens when economic or environmental circumstances out of your control strike? Hemp Industry Daily reporter Ivan Moreno, speaks with Jennifer Culpepper, Founder and Principal at Brand Joint and Co-founder at I+I Botanicals, and Christopher Gavigan, Founder and CEO at Prima, to discuss their experience during COVID-19.