Hemp Legalization & Regulatory News for Hemp Businesses

(A version of this story first appeared on Marijuana Business Daily.) Peru is giving hemp-derived medicines the green light, with commercialization imminent once the respective companies obtain the necessary import permits. Two hemp-derived products are registered as “cannabis-derived natural health products” in Peru. Toronto-headquartered Ramm Pharma, a company with medical cannabis manufacturing operations in Uruguay,
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Federal Cannabis Legalization News June 2020 Florida’s cannabis program could be unconstitutional. Illinois moves closer to awarding new dispensary licenses. A Marijuana prisoner who was sentenced to life in prison is released! And much more cannabis news from June 2020. ______________________________________________ Footnotes: GOP Congressman Says Killing Of ‘Marijuana User’ George Floyd Doesn’t Deserve Protests: https://www.marijuanamoment.net/gop-congressman-says-killing-of-marijuana-user-george-floyd-doesnt-deserve-protests/
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Corporate leaders in the CBD industry are increasingly coming from the consumer packaged goods universe, lending their experience and asking the hard questions to whip the nascent hemp industry into shape and navigate the enormous growth that entrepreneurs foresee in the market. Deanie Elsner joined Charlotte’s Web as CEO last year, bringing with her more
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The World Health Organization’s proposal to exempt plant-derived CBD extracts and tinctures with less than 0.2% THC from international control under a United Nations narcotics convention could be difficult to enforce, a U.N. monitoring body has said. The International Narcotics Control Board said authorities in some countries may lack the lab technology or manpower to
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The president of the Cannabinoid Industry Association is joining an Atlanta-based hemp company, Verde Leaf, to lead testing and product development for a new subsidiary making CBD products. Priscilla Agoncillo will be board chairwoman and president of Medadex Pharma, a new subsidiary of the privately-held hemp grower and processor. Agoncillo will remain president of CBDIA’s
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Officials from the National Credit Union Administration have outlined additional information on serving legal hemp businesses. A letter issued this week points out that hemp-related businesses have also been affected by the COVID-19 pandemic and that it is “important that credit unions stay current with the federal, state and Native American tribal laws and regulations
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The United Kingdom has down-scheduled Epidyolex to the lowest level of control for drugs, greatly easing restrictions on the cannabidiol medicine and reducing red tape for companies that supply it. The new classification came into force Wednesday. “This will reduce administrative processes for companies wanting to supply Epidyolex to patients with severe epilepsy,” according to
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Colorado’s former director of the Marijuana Enforcement Division, Lewis Koski, tells Mercedes Stephenson that Colorado’s marijuana policy continues to evolve just as Canada’s will, especially over the next six to nine months. For more info, please go to https://globalnews.ca/tag/marijuana-legalization/ Subscribe to Global News Channel HERE: http://bit.ly/20fcXDc Like Global News on Facebook HERE: http://bit.ly/255GMJQ Follow Global
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Florida agriculture officials say they’re finding elevated lead levels in some hemp products on store shelves and have alerted federal agencies. The state’s hemp czar, Holly Bell, told the Florida Hemp Advisory Committee this week that random bottled samples that were pulled from stores showed “a toxic-waste-level concentration” of lead, WFSU reported. The federal limit
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Hemp-derived CBD companies increasingly face class-action claims by consumers and stockholders, driven by industry growth, product claims, regulatory uncertainties and preventable mistakes by the companies themselves. Companies can reduce their exposure by being more transparent and forthright when disclosing their financials, the potential of their products and other relevant information, legal experts say. A U.S.
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The federal government says it will introduce legislation to legalize marijuana next spring. The announcement comes on April 20th, a day of significance in cannabis culture. Click here for the full story: http://www.cbc.ca/news/politics/philpott-un-marijuana-legislation-legalize-1.3544554 »»» Subscribe to The National to watch more videos here: https://www.youtube.com/user/CBCTheNational?sub_confirmation=1 Voice Your Opinion & Connect With Us Online: The National Updates
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Hemp entrepreneurs currently bound by state and national rules are setting their sights higher. Europe’s dominant hemp industry association unveiled plans this week to form an international hemp association that could advocate for the industry before global authorities such as the World Health Organization and United Nations. The head of the European Industrial Hemp Association
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A meeting is scheduled for next week to discuss World Health Organization recommendations on marijuana, CBD and related substances. The recommendations include removing CBD and CBD preparations containing no more than 0.2% THC from the international drug-control conventions. The WHO’s CBD recommendation, if ultimately adopted, could lead to freer international trade in the cannabinoid. The
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