California Hemp Business & Legal News

Cannabis tech firm Eaze opens online CBD marketplace to meet growing demand

San Francisco-based tech company Eaze launched a new online marketplace, Eaze Wellness, to ship hemp-derived CBD products to 41 states across the U.S. and the District of Columbia. CBD sales more than doubled among the company’s customers last year, Sheena Shiravi, Eaze’s director of consumer communications, told Fortune, highlighting a key business opportunity. This marks the company’s […]

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‘One day you’re legal, the next day you’re not’: Confusion from spotty CBD enforcement

CBD producers and retailers in some of the nation’s largest markets say they’re pressing on despite hostile statements from their state regulators that CBD won’t be allowed. Bans in several markets have largely been met with spotty enforcement, CBD entrepreneurs say, and the impact to business has been mixed. Ohio is one of the latest […]

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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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CBD manufacturer seeks wider pool of investors through Nasdaq

A San Diego CBD company is looking to become “institutionally relevant” by graduating to a more senior stock market. CV Sciences, which trades on the OTC market, announced Monday that it has submitted an application to list common stock on the Nasdaq Capital Market.

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California CBD industry scrambles to adjust to food rule ‘roller coaster’

California’s booming CBD industry is in disarray after the state Department of Public Health (CDPH) announced earlier this month that CBD cannot be added to food, even if it comes from hemp.

“It’s a real punch in the stomach,” said Chris Boucher, who is growing 60 acres of hemp in Southern California, most of it destined for CBD extraction.

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Colorado hemp biotech takes a leap – into traditional agriculture

As traditional agricultural firms increasingly wade into the hemp and marijuana markets, one Colorado cannabis biotech firm is going the opposite direction. Front Range Biosciences of Lafayette uses tissue-culture technology to make “plantlets” for hemp and marijuana producers. Now the company is branching into coffee production, planning to use the technology it perfected on cannabis […]

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Nevada CBD company buys California firm for $2.2M to expand into topicals, edibles

Nevada CBD manufacturer Leafceuticals is expanding into topicals and edibles with the $2.2 million acquisition of California’s Irie CBD products. The acquisition gives Leafceuticals a processing plant in Oakland, California, for expanding its CBD line. The agreement calls for Leafceuticals – a subsidiary of Las Vegas-based Freedom Leaf – to pay $400,000 cash and $1.8 […]

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