CBD Facts You Need To Know

Clint Eastwood has filed a third lawsuit alleging CBD companies are falsely claiming he's endorsing their products. Clint Eastwood files third suit against CBD companies, saying they’re falsely claiming endorsement is a post from: Hemp Industry Daily: Financial, Legal & business news for hemp & CBD entrepreneurs

Hemp producers will have more breathing room under newly released rules on the federally mandated THC levels before they are declared criminally negligent, with the margin of error increasing from a total of 0.5% to 1% THC. Hemp farmers and testing agents will also have more time to harvest plants after testing, with the harvest USDA gives hemp […]

After wildfires ravaged the West Coast in 2020, scorching thousands of acres of land and damaging businesses and crops, including countless farms and businesses in the cannabis industry, the U.S. Department of Agriculture on Thursday established a separate Interagency Wildland Fire Subcabinet, focused on wildfire management by executive order. […]

The number of hemp processors in Illinois doubled over the last year as the new industry tries to establish itself in a state that's already an agricultural powerhouse. Illinois sees more hemp processors but fewer acres as industry matures in agricultural powerhouse is a post from: Hemp Industry Daily: Financial, Legal & business news for hemp […]

The hemp industry has been waiting with bated breath for the release of the U.S. Food and Drug Administration’s Cannabidiol Enforcement Policy Draft Guidance. 2021: The year of positive CBD policy changes is a post from: Hemp Industry Daily: Financial, Legal & business news for hemp & CBD entrepreneurs

GW Pharmaceuticals expects to report annual sales of approximately $526 million for the year ended Dec. 31, 2020, it said in a preview of its fourth quarter and full-year results. GW Pharma expects fiscal 2020 sales to reach $526 million is a post from: Hemp Industry Daily: Financial, Legal & business news for hemp & CBD entrepreneurs

Some $13 billion in additional agricultural aid for pandemic-impacted farmers should start going out by end of month. USDA: Latest payments for pandemic-affected hemp farmers coming soon is a post from: Hemp Industry Daily: Financial, Legal & business news for hemp & CBD entrepreneurs

Molson Coors Beverage Co. says it has launched CBD drinks in Colorado through Truss CBD USA, its joint venture with Hexo Corp. The beverage line will be available in three flavors – Grapefruit Tarragon, Strawberry Hibiscus and Blueberry Lavender under the name, “Verywell,” Molson Coors and Hexo said Wednesday. The companies first […]

Dallas-based Generation Hemp Inc. has acquired a processing company in Kentucky with a 48,000-square-foot facility for $5.1 million. Texas hemp company acquires Kentucky-based processor is a post from: Hemp Industry Daily: Financial, Legal & business news for hemp & CBD entrepreneurs

Last year hemp farmers took a step back and devoted fewer resources to the crop – the enthusiasm of previous years tempered by oversupply, supply-chain issues and a lack of infrastructure. Hemp licenses up, but acreage down in 2020 – yet industry is optimistic for growth is a post from: Hemp Industry Daily: Financial, Legal & […]

Its new name reflects the company’s dual C02 and Ethanol extraction capabilities. (Erie, Colorado) January 12, 2021 – Zelios Colorado, long a leader in the hemp and CBD extraction industry, today announced its new name to reflect the company’s expanded and broader capabilities of both CO2 and Ethanol […]

A new industry group in Spain aims to change the government's flower opposition. New industry group in Spain aims to change government’s flower opposition is a post from: Hemp Industry Daily: Financial, Legal & business news for hemp & CBD entrepreneurs

A California hemp grower is suing a sheriff's office, alleging the authorities destroyed about 500 acres of their plants, which the company estimates were worth $1 billion, according to the lawsuit. California lawsuit over hemp destruction on hold is a post from: Hemp Industry Daily: Financial, Legal & business news for hemp & CBD […]

With just a few days left before changing oversight, the U.S. Department of Agriculture has approved the hemp-regulation plans of Rhode Island and the Soboba Band of Luiseno Indians in southern California. Rhode Island will charge interested hemp producers: $250 application fees. $2,250 license fees, with a license valid for two years. Rhode […]

RAMM Pharma, a cannabis-based pharmaceutical company with products in several Latin American countries, has bought a 49% stake in the Sicilian CBD processing company Canapar. Venture capital firm Canopy Rivers sells 49% stake in Italian processor to RAMM Pharma is a post from: Hemp Industry Daily: Financial, Legal & business news for hemp […]

Federal food and drug officials said Friday that they plan to fill in current CBD research gaps with “real world data” -- but industry advocates are frustrated that regulators haven’t done enough to clear up the rules, which has caused supply-chain bottlenecks while leaving consumers to navigate an increasing field of unregulated […]

California lawmakers will be faced again with the long-debated question of whether to allow hemp extracts in food and beverages in the state when the legislative session opens Monday, but this time the proposal comes with a twist: The measure would also ban smokable hemp flower – an increasingly popular and unregulated segment of the […]

Vermont will be conducting contactless inspections of hemp operators to limit person-to-person contact during the pandemic. The Vermont Agency of Agriculture, Food and Markets says the inspections will begin with a phone call, followed by an email and an online form to gather information about number of harvested lots, yields, and results of […]

Preliminary data out of Oregon suggests that industrial hemp crops may have been spared major damage from the West Coast wildfires that blazed across California, Oregon and Washington and endangered outdoor cannabis operations last year. Study suggests West Coast hemp growers escaped smoke damage from wildfires is a post from: Hemp Industry […]

Sales of medical marijuana in Denmark posted healthy gains in the third quarter of 2020, coinciding with the launch of GW Pharmaceuticals' cannabis drug Epidiolex. Denmark medical cannabis sales post a positive quarter thanks to Epidiolex is a post from: Hemp Industry Daily: Financial, Legal & business news for hemp & CBD entrepreneurs

This story appears in the January issue of Marijuana Business Magazine. Acquisitions remain a key strategy for companies looking to enter or expand their reach within the cannabis industry, but sellers must be ready to seize such opportunities.  Owners who would like to exit the hemp space or join […]

A looming legal challenge to Texas’ ban on smokable hemp sales has been delayed until March. Travis County District Court Judge Livingston rescheduled the smokable hemp ban hearing back to March 22, 2021. The hearing had been scheduled for Feb. 1. The delay was first reported by the Texas Cannabis Collective. It comes at the Texas smokable […]

President-elect Joe Biden has settled on Merrick Garland as his nominee for U.S. attorney general, multiple news organizations reported Wednesday, tapping a federal judge to oversee the Department of Justice, which includes the Drug Enforcement Administration. Biden to tap Merrick Garland for attorney general, who oversees DEA is a post from: Hemp […]

GenCanna, a Kentucky hemp and CBD company that filed for Chapter 11 bankruptcy in February, has dropped a suit against CBD company Medterra for unpaid invoices worth $4.5 million. GenCanna, now known as OGGUSA Inc., had sued Medterra last month, alleging that the latter failed to pay for shipments of CBD extracts and other products Bankrupt […]

The Canadian government rolled out a list of single-use plastic in the fourth quarter of 2020 that will be banned in the country by the end of 2021. Global efforts to reduce plastics pollution could make way for alternatives like hemp is a post from: Hemp Industry Daily: Financial, Legal & business news for hemp & CBD entrepreneurs

This story first appeared at Marijuana Business Daily. A data breach at Aurora Cannabis has exposed the personal information of an unknown number of the Canadian company’s current and former employees, Marijuana Business Daily has learned. An email sent to a victim of the data breach cites a Dec. 25 “cybersecurity incident during which […]

Puerto Rico’s agriculture secretary says private investment is needed to build the infrastructure for the hemp industry to thrive in the U.S. territory. Secretary Ramon González told a local news outlet, Noticel, that without hemp processing plants, “the business of investing in the fields is for nothing,” “I believe […]

(This story originally appeared at Marijuana Business Daily.) Canadian cannabis producer Canopy Growth Corp. is suing UK-based GW Pharmaceuticals in U.S. federal court, alleging that GW is knowingly infringing upon Canopy’s intellectual property. GW used a Canopy-patented method to extract the CBD that’s the active ingredient in its […]

A version of this story first appeared at Marijuana Business Daily. California’s hemp-derived CBD manufacturers are at risk of legal “whiplash,” one industry attorney says, after a new mandate requiring health warning labels for all cannabis products sold in the state took effect on Sunday. The labels have legal roots dating back […]

Michigan’s governor has signed legislation to allow veterinarians to talk with pet owner about giving cannabis to their animals for therapeutic use. Michigan lawmakers approved the proposal in December and lets veterinarians “consult” with pet owners about the use of either marijuana or hemp products for their pets, the Oakland […]

The NFL quarterback explains how he chooses which brands to partner with and the best advice he's gotten from a director while shooting an ad.

Matt Lombardi and Kevin Moran, co-founders of the CBD company beam, talk about how their athletic careers prepared them to build a brand.

What once seemed like a threat to Tariq Farid's business is now a huge opportunity.

Don't be among the bad actors flooding this busy market.

There are more no- and low-THC options than ever before, for both consumers and entrepreneurs.

The four things to know before you grow.

The candy edibles have widely reported benefits, but there is still some legal and qualitative gray area.

Most of us are first becoming acquainted with this cannabis-adjacent trend.

Here's what you need to know about the hottest trend in cannabis.

Standard Dose offers an array of CBD products and experiences.