Legal & Regulatory News for Hemp Businesses

New Mexico bans out-of-state CBD products – but only in dispensaries

The confusing legal status of CBD products persists as New Mexico authorities warn medical marijuana dispensaries to stop carrying CBD from out of state. The New Mexico Health Department told the state’s 72 dispensaries last month that selling CBD produced outside New Mexico or from plants grown elsewhere “must cease,” according to the Santa Fe […]

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McConnell ‘optimistic’ hemp will find success in Farm Bill

Hemp legalization should have no trouble making it to President Donald Trump’s desk, Senate Majority Leader Mitch McConnell predicted during a tour of a Kentucky hemp processor. “I’m optimistic that we’ll be able to finish the job,” McConnell told reporters Thursday at Louisville-based Sunstrand, which manufactures hemp composites such as insulation and boards. Before touring […]

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‘Open up the floodgates’: FDA approval signals further CBD investment

Federal approval for a CBD drug means more for the hemp industry than just validation that cannabidiol has medical value. It’s also expected to increase investment in pharmaceutical uses for CBD derived from either hemp or marijuana, according to business owners working on other medicines extracted from the cannabis plant. “This is going to open up […]

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