Hemp Industry News for Hemp & CBD Retailers

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 […]

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FDA hearing ‘little bit like a first date’: Q&A with ATACH co-founder Michael Bronstein

As the hemp and CBD industry navigates the regulatory roller coaster resulting from the much-celebrated 2018 Farm Bill, the unknowns can cause anxiety for even the most confident of businesspeople. That’s why it’s invaluable to have guidance and perspective from those who know the legal landscape. Michael Bronstein, who co-founded the American Trade Association for […]

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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 […]

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Saks Fifth Avenue flagship store opening CBD beauty store within salon

The Saks Fifth Avenue department store chain announced that it will sell CBD skin-care products and nutritional supplements at its new salon in New York. The department store will include a CBD Beauty Corner at the chain’s flagship store’s salon, called The Salon Project. The new shop-in-shop concept launches on May 11 for Mother’s Day weekend, […]

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Chart: Brand plays critical role in CBD purchases

Even in the relatively new competitive market around CBD, consumers are turning to trusted companies and brands to acquire products with the cannabinoid. Nearly one-third of respondents to a survey from High Yield Insights said they purchase CBD products from a specific brand’s website – more than those who said they use a general online […]

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Elixinol buys 25% stake in Pet Releaf CBD brand

Elixinol has purchased a 25% stake in Altmeds, the manufacturer of hemp-derived CBD pet health brand Pet Releaf. The terms of the deal were not disclosed. Denver-based Altmeds already gets its CBD from Elixinol, a Colorado producer of hemp-derived CBD extract. The Altmeds investment allows Elixinol to gain a foothold in the growing CBD pet-products […]

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The Vitamin Shoppe sells edible CBD supplements, against FDA guidance

The Vitamin Shoppe is the latest large retailer to announce it now carries CBD, but unlike other drugstore chains, the New Jersey-based company is selling edible CBD supplements and drops. The move goes against repeated warnings from the U.S. Food and Drug Administration (FDA)  that CBD in food, cosmetics and dietary supplements remains illegal. With 700 stores […]

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Urban Outfitters joins retail rush to sell CBD products

Urban Outfitters entered into an agreement with New York-based cannabis company iAnthus Holdings to begin selling CBD products in six stores and online. The New York-based clothing and home decor retailer plans to begin selling CBD For Life – a line that includes topicals, cosmetics and tinctures – later this month. The agreement will place […]

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