Legal & Regulatory News for Hemp Businesses

Hemp hangs in balance as Farm Bill talks stall

Entrepreneurs hoping for a long-awaited hemp expansion from Congress are nervously watching as the end-of-the-month deadline nears. Hemp farmers hoped to see quick action on the 2018 Farm Bill, including a provision to take hemp off the Controlled Substances Act that was included in the Senate version. Here’s what you need to know: The current […]

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Hemp dispute may be harbinger of approaching legal storm

Two companies are in a legal tussle over what destroyed a 600-acre hemp farming joint venture in Colorado – a conflict that industry experts say could be the first of many as eager investors and firms try to cash in on budding business opportunities. In a recent California Superior Court filing, California-based H2 Partners claims that […]

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Hemp Notebook: Hemp’s scramble to distance itself from marijuana veers into misinformation

(This is an abridged version of a column that appears in the July issue of Marijuana Business Magazine.) Not all hemp misinformation comes from anti-drug enemies of cannabis; some of it comes from hemp acolytes themselves. A recent comment from hemp’s most powerful friend in Congress, Senate Majority Leader Mitch McConnell, drove home for me a […]

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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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CBD case in North Dakota tests police reliance on DEA guidance

Is the U.S. Drug Enforcement Administration’s 2016 guidance enough to convict someone of drug charges for selling CBD? The North Dakota Supreme Court has agreed hear a case on that question – and while it won’t set precedent in other states, it may provide guidance for similar cases. The case of Falesteni A. Abu Hamda will […]

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Colorado cannabis companies in patent dispute over medical product formula

A Colorado marijuana company is suing another firm in the state for patent infringement involving its cannabinoid-based medical product formula. United Cannabis Corp. (UCANN) of Golden filed the lawsuit in Denver U.S. District Court on Monday against Pure Hemp Collective of Conifer. The Denver Post reported the lawsuit seeks an injunction prohibiting Pure Hemp from […]

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