Colorado Hemp Business & Legal News

CBD beverage maker eyes global expansion via $85M purchase of Utah company

A Denver company that makes CBD drinks has agreed to acquire a Utah beverage company to increase its distribution might, especially in Asia. New Age Beverages Corp. (Nasdaq: NBEV) announced that it will acquire privately held Morinda Holdings of Provo, Utah, for $85 million. Here’s what you need to know: New Age will pay $75 million […]

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Cannabis-waste recycler wins Colorado grant to develop aftermarket hemp products

A cannabis-waste startup has been selected to receive a $250,000 grant from Colorado to find aftermarket uses for hemp and marijuana waste. 9Fiber of Silver Spring, Maryland, plans to process waste hemp and marijuana stalks for industrial purposes such as bioplastics, construction materials and animal bedding. The company expects to start operations in Pueblo, Colorado, in […]

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Colorado vote poses risks, opportunities for hemp farmers

Colorado’s recent vote to move part of the hemp definition out of the state constitution has some entrepreneurs cheering, while others warn it could lead to federal meddling in the nation’s largest hemp market. Amendment X left the overall definition of hemp in Colorado’s constitution but removed the THC limit of 0.3%. The change allows […]

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Colorado voters approve adjustable THC limits for hemp

Colorado voters on Tuesday made it easier to change the definition of industrial hemp. State residents approved constitutional Amendment X, which ties the state’s definition of hemp to the federal definition – or allows state lawmakers to change the THC limits for cannabis that can be considered hemp and not marijuana if federal law allows […]

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Hemp ‘entourage’ trademark dispute widens as companies jostle over use of term

A long-simmering trademark dispute over the word “entourage” got wider this week, with one company asking others in the hemp industry to share how they use the term. Full Spectrum Nutrition, a CBD manufacturer in Colorado Springs, Colorado, is calling for other businesses to help it challenge a 2016 trademark on the phrase “entourage hemp.” […]

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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 extraction firm snags tax breaks, hiring assistance in Kentucky

Kentucky’s booming CBD industry received an additional boost when the state granted an extraction company roughly $240,000 in tax breaks, plus help finding and training workers. Lexington-based firm Zelios, which opened four months ago, said it plans to double its extraction capacity and create 44 full-time jobs for a total investment of about $2.1 million. Kentucky Gov. […]

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Canadian hemp grower expanding into Colorado with line of CBD products

A Canadian company will expand into Colorado via a licensing agreement to put hemp-derived CBD products in Colorado dispensaries. Friday Night, which owns a medical marijuana cultivator and CBD company in Las Vegas, announced that its subsidiary, Infused MFG, will contract with concentrate manufacturer Denver Dab Co. Denver Dab will make CBD topicals, tinctures, supplements, vape […]

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