California Hemp Business & Legal News

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 […]

Read More

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.

Read More

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.

Read More

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 […]

Read More

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 […]

Read More

Canadian hemp company inks California distribution deal

A Canadian hemp company clinched a California distribution deal that will see its CBD-infused foods and waters on shelves in 550 dispensaries. Phivida Holdings of Vancouver, British Columbia, said it struck the agreement Wednesday with Green Reef Distribution, a company in Santa Monica, California, that distributes cannabis products. The Green Reef deal gives Phivida its first […]

Read More

CBD manufacturer buys stake in Canadian maker of hemp, MJ pharma products

A CBD manufacturer with offices in Canada and California is moving further into the Canadian cannabis market, acquiring a 25% stake in a company in the final stages of licensing to make hemp and marijuana pharmaceutical products. Isodiol International said it’s acquiring 25% of Canadian National Pharma Group, a pharmaceutical manufacturing company. Isodiol also has […]

Read More

Tribe loses bid to resume hemp growing in California after DEA seizure

A federal judge has rejected an effort by an American Indian tribe to resume growing hemp in Stockton, California. The Winnemucca Shoshoni tribe had sued the U.S. Drug Enforcement Administration and San Joaquin County in October over the removal of 26 acres of hemp – a crop the tribe valued at $77 million. The tribe also […]

Read More