A Florida company is recalling a batch of CBD oil voluntarily after a state agency tested the product and found that it contained dangerous levels of lead.Read More
Three CBD lawsuits filed by Tennessee CBD retailers against the county, sheriff and district attorneys for closing their legal stores during a sting operation in 2018 will move forward following a court ruling on Friday, despite the defendants’ appeal to dismiss the allegations against them.Read More
CBD of Denver has inked a deal to buy a CBD retailer in Switzerland, its second planned purchase of a Swiss company announced this month.Read More
When COVID-19 spread and forced store closures, California-based Papa & Barkley lost about half of the 400 small CBD retail shops where the company was selling its products. Then online sales exploded. “We’ve seen a pretty dramatic increase in our online transaction volume,” said Adam Grossman, CEO and founder of Papa & Barkley. In March […]Read More
A hemp plant breeding company has developed a partnership with an independent laboratory to offer customers science-based information on genetics research and consumer goods.Read More
Hemp-based wood startup Fibonacci is gaining market traction despite tariff and pandemic obstacles.Read More
Prominent CBD maker Charlotte’s Web Holdings is pointing to market saturation, legal uncertainty and rising expenses as it reported a loss of $11.5 million last quarter. A year ago, the Boulder, Colorado, company reported a profit of $2.5 million. Charlotte’s Web reported revenue last quarter of $21.5 million, down about 1% from the same period last […]Read More
Agriculture officials in Arkansas are saying most of the state’s hemp farmers lost money last year, but the agriculture department is still seeing increased interest from new farmers and processors for 2020.Read More
A cannabinoid scientist in Colorado is being tapped to develop mushroom products for a CBD company that is exploring the market for psilocybin mushrooms. Canadian CBD business NewLeaf Brands Inc. announced that the former research director of a Colorado hemp company, Ebbu, will be their new chief science officer. The announcement Tuesday that Robert Roscow was joining […]Read More
Farmers in Texas are showing great enthusiasm for producing hemp, with interest in growing flower and biomass for cannabinoid production and fiber to complement their cotton crops.Read More
A California coffee company says it has broken ground on a project to build a hemp grow and processing facility in Nicaragua as part of an agreement with a cooperative there. Youngevity International of Chula Vista announced the groundbreaking Tuesday, saying two of its U.S. subsidiaries, including one that sells CBD-infused coffee, and their Nicaraguan […]Read More
A proposal to legalize hemp-derived extracts in food and beverages in California is on hold as lawmakers focus on coronavirus-related legislation to help the economy, but the bill’s sponsor says she’s bringing it back in August.Read More
Monica Raymunt Interviews Giovanni Isoldi, CTO at Materia Medica ProcessingHemp Industry Daily international reporter, Monica Raymunt, interviews Giovanni Isoldi, CTO at Materia Medica Processing.
Laura Drotleff Interviews Jonathan Vaught, CEO & Founder of Front Range BiosciencesHemp Industry Daily reporter, Laura Drotleff, interviews Jonathan Vaught, CEO & Founder of Front Range Biosciences.
Starting a CBD Business During a Time of UncertaintyThe economy has seen its fair share of up’s and down’s, but the CBD industry, still in infancy, has been a wild ride. The CBD industry has been the mecca for business entrepreneurs and start-ups, but what happens when economic or environmental circumstances out of your control strike? Hemp Industry Daily reporter Ivan Moreno, speaks with Jennifer Culpepper, Founder and Principal at Brand Joint and Co-founder at I+I Botanicals, and Christopher Gavigan, Founder and CEO at Prima, to discuss their experience during COVID-19.