One of the nation’s best-known convenience store chains, 7-Eleven, is scrambling to distance itself from a Colorado company that announced this week that its CBD oils will be sold in roughly 4,500 of the retailer’s outlets this year. The tiff between 7-Eleven and Phoenix Tears, a Denver company that makes hemp-derived CBD oils and oral […]Read More
One of the nation’s best-known convenience store chains, 7-Eleven, could carry CBD products in up to 4,500 franchise locations across the United States by the end of 2018.
Phoenix Tears, a Denver company that makes hemp-derived CBD oils and oral sprays, announced the distribution deal Tuesday.
The Denver company made the 7-Eleven deal with the help of MarketHub Retail Services, a distributor that works with 7-Eleven franchisees.Read More
Sometimes you have to take a step back to see the whole picture. And when you do, you see a whole new image. Welcome to Hemp Industry Daily, a business news service from the publishers of Marijuana Business Daily. Marijuana is a variety of hemp that gets enormous public attention because its flowers become intoxicating […]Read More
Indiana’s long-simmering CBD confusion ended with the state’s governor signing a law clarifying that all CBD products are legal as long as they come from hemp and contain low amounts of THC. The new law specifies that anyone can sell or possess CBD products containing less than 0.3% THC and derived from hemp. Gov. Eric Holcomb’s […]Read More
Seven companies have applied to sell low-THC medical marijuana at 21 separate locations in Iowa. The state is expected to grant licenses for five locations next month. Applicants paid a $5,000 fee for each application and won’t be able to open until early 2019, the Des Moines Register reported. Iowa’s medical marijuana program is quite […]Read More
A California company that markets and distributes marijuana and hemp is making a play for convenience stores. Marijuana Company of America, a holding company with stakes in hemp and marijuana, is launching a line of CBD topicals, tinctures and edibles in sample sizes. The products will be sold in one-, two- and 30-day supplies. “The […]Read More
A growing number of hemp companies are launching products aimed at the tattoo industry, from CBD patches marketed as pain relief to balms and creams designed to speed recovery, to expand their retail opportunities. “A tattoo, it’s basically just an open wound,” said Ali Munk, spokeswoman for Infinite CBD, a Denver company that makes hemp-derived […]Read More
Drug charges against 19 business owners selling CBD products in the Nashville suburbs have been dismissed in what hemp advocates are calling a huge win for the state’s new cannabidiol industry. The business owners were accused of selling illegal drugs, and 23 shops were padlocked on Feb. 12. But according to Murfreesboro’s Daily News Journal, […]Read More
A North Carolina company is making the cannabis industry’s first play for consumers of color with a line of beauty products aimed at ethnic minorities. The Hemp Excellence line of body lotions, lip balms and CBD capsules went on sale this month at two beauty shops that cater to women of color in Winston-Salem, North Carolina. […]Read More
Nearly two dozen Tennessee stores padlocked for selling CBD are back open after a local judge ordered that keys and cash registers be returned to the 23 stores shuttered Feb. 12 in Nashville suburbs. Rutherford County Circuit Judge Royce Taylor ordered the stores to be allowed to reopen Friday, the same day that 16 defendants […]Read More
Local authorities raided and padlocked 23 stores in the Nashville suburbs Monday because they sold CBD products. Indictments were levied against 21 people who were selling “a candy that resembled Gummie Bears with CBD,” Nashville TV station WSMV reported. In explaining the raid, Rutherford County Sheriff Mike Fitzhugh said that cannabidiol is “an illegal drug” and CBD is […]Read More
An increasing number of cannabis companies are directing their efforts at four-legged users.
And there’s more than a billion reasons for that trend.
U.S. pet owners spent more than $30 billion in 2016 on pet supplies, treatments and veterinary care, according to the American Pet Products Association, an industry group representing pet product manufacturers and importers.Read More
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