Hemp Industry News for Hemp & CBD Retailers

Chart: CBD retail landscape is rapidly evolving

After spending years as a niche item in specialty stores, CBD-infused products have found their way onto the shelves of prominent retailers – and the ingredient’s presence and availability may yet increase. This week, CBD companies announced a number of new distribution deals. Consider: Southeastern Grocers joined the CBD category, announcing it will begin selling […]

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CV Sciences reports falling revenues, sales amid ‘flood’ of new competitors

CV Sciences, a San Diego-based CBD manufacturer, reported revenue of $12.6 million for the third quarter ended Sept. 30, down more than 7% from the same period a year ago. Profit for the quarter was $8.4 million, down 15% from the previous year. The results fell well short of analyst expectations even as CV Sciences […]

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Cancer specialist nominated to lead FDA

A cancer specialist from Houston has been chosen to take control of the U.S. Food and Drug Administration (FDA), which is reviewing its CBD policy. President Donald Trump on Friday picked Dr. Stephen Hahn of the MD Anderson Cancer Center to permanently lead the agency, pending congressional affirmation. The 59-year-old oncologist would replace Dr. Scott Gottlieb, […]

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North Carolina lawmakers settle on 2020 for ban on smokable hemp

North Carolina officials have agreed to ban smokable hemp production starting next summer. House and Senate negotiators finished work late Monday on a bill that includes the ban. The measure now awaits a final procedural vote before heading to the desk of Democratic Gov. Roy Cooper, who has not said whether he supports or opposes the […]

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CV Sciences expands distribution to Harris Teeter, The Vitamin Shoppe

CBD continues to mainstream as a grocery store chain in the South has picked up distribution of a hemp-derived extract and a national supplement retailer expanded its product range. Harris Teeter, based in Matthews, North Carolina, announced Tuesday it will distribute PlusCBD Oil, manufactured by San Diego-based hemp and CBD company CV Sciences, in 150 […]

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Coors subsidiary to start carrying nonalcoholic CBD beverages

Citing increased demand for nonalcoholic beverages, a Coors distributor in the Denver area has started carrying two brands of nonalcoholic drinks infused with hemp extracts including CBD. Coors Distributing Co., an independent LLC owned by Molson Coors, distributes beverages to more than 1,000 locations, including restaurants, convenience stores, grocery stores, liquor stores and events venues. […]

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Louisiana permits hundreds of businesses to sell CBD products

Louisiana has awarded business licenses to 775 companies that want to sell CBD products. The state’s Office of Alcohol and Tobacco Control (ATC) received more than 1,000 permit applications after passage of a law outlining how retailers can sell products containing CBD. The ATC started the process in June. Liquor stores, gas stations and CBD-specific shops were among the […]

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