CBD Products & CBD Business News

Brazil has fast-tracked a draft law that would legalize the cultivation of medicinal cannabis and industrial hemp, and the stakes are high. South America’s largest economy leads the world in several commodities markets, and some politicians say its farmers are keen to expand into hemp. Several other Latin American countries – Uruguay and Paraguay in
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The biggest question mark for the global CBD industry right now is not how to market the cannabinoid and what it can do. Instead, the biggest question mark is whether the hemp and marijuana industries will be allowed to show customers what CBD can do. Ongoing legal questions about the cannabis extract – which is
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Journalists try Color Up’s CBD skincare products at a virtual launch event. (Photo courtesy of Debra Locker) Looking to educate and innovate without in-person events, hemp and marijuana companies are turning to virtual platforms for everything from trade conferences and product launches to consumer education and staff training. Spaces that facilitate an exchange of ideas,
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Delaware State University has been awarded some $592,000 in a three-year grant from the National Science Foundation to work with undergraduates on developing new applications for hemp. The historically black school in Dover was Delaware’s lead research agency when hemp was legal only for research purposes. After passage of the 2018 Farm Bill, Delaware State
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Regulators at Australia’s Ministry of Health are one step closer to allowing over-the-counter sales of cannabidiol products. The Therapeutic Goods Administration (TGA) said Wednesday it reached an interim decision to amend the country’s Poisons Standard and down-schedule CBD to a Schedule 3 product in oral, oral mucosal and sublingual formulas for therapeutic use. In Australia,
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Eleven hemp groups from around the world have published a position paper to reiterate their stance that cannabis grown for industrial purposes does not fall under the scope of the U.N. narcotics conventions. The paper  argues that the cultivation of hemp for industrial purposes does not fall under the purview of the Single Convention on
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Custom seals can include holograms, QR codes and scratch-off verification codes unique to the product. Photo Courtesy of CannVerify (This is an abridged version of a story that appears in the August issue of Marijuana Business Magazine.) Chinese manufacturers have been knocking off high-end products for years. Now they’ve gone one step further: making counterfeit
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Two scientists will lead a third-party consumer research study on the effects of regular CBD use on humans, particularly focused on liver safety. Dr. Keith Aqua, a Miami-based medical doctor, and Dr. Jeff Lombardo, a Buffalo, New York-based pharmacist who specializes in toxicology, are the co-principal investigators for a national clinical trial measuring the potential
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Photo courtesy Harold Jarboe Hemp operators say smokable hemp is one of the fastest-growing and most lucrative segments in the nascent hemp and CBD industry – and market analysts agree, with expectations that the market will experience five-fold growth in the next five years. For 2020, market researchers at Nielsen project sales in the current
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Hempro International, a producer and wholesaler of hemp-derived food, clothing, accessories and cosmetics in western Germany, has filed suit against the city of Düsseldorf for its ban on the sale of hemp-derived CBD food products. The city of Düsseldorf published an announcement in July in its official gazette prohibiting the sale of cannabidiol-containing foods anywhere
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A California proposal to allow hemp extracts in food and beverages has again failed amid broad disagreement on how to allow cannabinoids outside licensed marijuana retailers. The bill would have also set testing and labeling requirements for safety, and to ensure products don’t exceed 0.3% THC levels. But California legislative leaders did not schedule the
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One German company has decided to tackle the high-risk regulatory landscape for cannabinoid products in Europe’s largest economy head on with a new lobby group for CBD manufacturers and retailers. Sanity Group, a manufacturer of cannabinoid products based in Berlin, has joined forces with Canadian cannabis giant Aphria and Düsseldorf-based Cannacare Health to establish the
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Canadian cannabis producer Hexo Corp. and brewer Molson Coors Canada have launched new beverage products under their Truss Beverage Co. joint venture, marking increased competition in Canada’s much-hyped marijuana beverage market. The lineup of five drink brands unveiled Tuesday includes both CBD and THC products. All will be sold in Canadian marijuana dispensaries, not in
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A quartet of French industry groups has criticized the European Commission’s preliminary view that CBD should be regulated as a narcotic, warning that producers, manufacturers and consumers would all face “dramatic repercussions” if the stance is made official. Syndicat Professionnel du Chanvre, an association of cannabis producers, processors and distributors in France, joined three other
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Over-the-counter CBD isn’t legal and continues to worry federal drug regulators as more people take it and give it to animals, a lawyer for the U.S. Food and Drug Administration said Friday. Randall Gnatt, senior counsel at the FDA, told the nation’s veterinarians that the FDA thinks there are “data gaps and safety concerns” about
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Hemp advocates have been sending their own recommendations to the U.S. Food and Drug Administration to try to direct the agency’s enforcement discretion policy for CBD products. The latest hemp group weighing in is the National Industrial Hemp Council, which filed comments with the agency this week emphasizing the importance of establishing basic safety standards
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Draft legislation that would allow Brazilian farmers to grow cannabis for medical and industrial purposes on domestic soil for the first time has been submitted to the country’s lower house of Congress. The bill was delivered to the House of Deputies speaker this week by lawmakers Paulo Teixeira and Luciano Ducci, co-sponsors of the bill
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