CBD News: FDA continues prowl for COVID-19 product claims with warning letter to 8th CBD company

Since the beginning of March, federal food and drug regulators have issued warning letters to 64 companies for selling products under claims that they will prevent, treat, mitigate diagnose or cure COVID-19, including eight to CBD companies.

FDA continues prowl for COVID-19 product claims with warning letter to 8th CBD company is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

From FDA continues prowl for COVID-19 product claims with warning letter to 8th CBD company on CBD Products & CBD Business News – Hemp Industry Daily.

This was autoposted by IFTTT. To find out more, read my post about news articles.

Start a CBD business for free here.

CBD News: Cannabis giant Canopy Growth reaffirms CBD strategy as it pares overall outlook

International cannabis giant Canopy Growth Corp. remains bullish on the U.S. CBD market, even as the company reported an eye-popping net loss of 1.3 billion Canadian dollars ($944 million) last quarter.

Cannabis giant Canopy Growth reaffirms CBD strategy as it pares overall outlook is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

From Cannabis giant Canopy Growth reaffirms CBD strategy as it pares overall outlook on CBD Products & CBD Business News – Hemp Industry Daily.

This was autoposted by IFTTT. To find out more, read my post about news articles.

Start a CBD business for free here.

CBD News: UN body prepares for December vote on cannabis rescheduling despite pandemic

The U.N. body that decides drug policy has a plan for moving forward with a landmark vote in December on whether to revise the inclusion of cannabis and cannabis-related substances in two international narcotics conventions. The roadmap from the U.N. Commission on Narcotic Drugs (CND) for holding the vote despite the global coronavirus pandemic was […]

UN body prepares for December vote on cannabis rescheduling despite pandemic is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

From UN body prepares for December vote on cannabis rescheduling despite pandemic on CBD Products & CBD Business News – Hemp Industry Daily.

This was autoposted by IFTTT. To find out more, read my post about news articles.

Start a CBD business for free here.

CBD News: Colorado-based Elixinol wins dismissal of suit claiming CBD products are illegal

Colorado-based CBD producer Elixinol got dismissal of a class-action lawsuit that alleged the company’s products were illegal to sell under federal law. The plaintiffs who sued in federal court in the Northern District of California filed a voluntary notice of dismissal May 7, dropping “all claims against” Elixinol. The lawsuit filed on December 2019 alimed […]

Colorado-based Elixinol wins dismissal of suit claiming CBD products are illegal is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

From Colorado-based Elixinol wins dismissal of suit claiming CBD products are illegal on CBD Products & CBD Business News – Hemp Industry Daily.

This was autoposted by IFTTT. To find out more, read my post about news articles.

Start a CBD business for free here.

CBD News: Sizzling CBD pet market sees soaring sales, adoption by mainstream brick-and-mortar retailers

In just two years, the number of specialty pet stores that carried Colorado-based Functional Remedies’ CBD products increased dramatically, going from 100 to 500 – underscoring the fast growth of a market that’s now reaching mass-market retailers like Petco and PetSmart. “More and more people are understanding how CBD and how hemp-based products can enhance […]

Sizzling CBD pet market sees soaring sales, adoption by mainstream brick-and-mortar retailers is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

From Sizzling CBD pet market sees soaring sales, adoption by mainstream brick-and-mortar retailers on CBD Products & CBD Business News – Hemp Industry Daily.

This was autoposted by IFTTT. To find out more, read my post about news articles.

Start a CBD business for free here.

CBD News: Another federal judge pauses CBD labeling lawsuit because of FDA delays

CV Sciences, a San Diego-based CBD manufacturer, won't face a labeling lawsuit until federal health authorities decide how to regulate over-the-counter CBD, a federal judge has ruled.

Another federal judge pauses CBD labeling lawsuit because of FDA delays is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

From Another federal judge pauses CBD labeling lawsuit because of FDA delays on CBD Products & CBD Business News – Hemp Industry Daily.

This was autoposted by IFTTT. To find out more, read my post about news articles.

Start a CBD business for free here.

CBD News: CBD manufacturer recalls injectable products after FDA warning

Another CBD company has issued a voluntary product recall after the U.S. Food and Drug Administration flagged it for making unsubstantiated claims.

CBD manufacturer recalls injectable products after FDA warning is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

From CBD manufacturer recalls injectable products after FDA warning on CBD Products & CBD Business News – Hemp Industry Daily.

This was autoposted by IFTTT. To find out more, read my post about news articles.

Start a CBD business for free here.

CBD News: Elixinol’s attempt to sell hemp food company to Chinese business falls through

A Chinese business that planned to buy a hemp food company from Australian-based Elixinol Global, a CBD producer, has pulled out of the deal, citing economic impacts from COVID-19.

Elixinol’s attempt to sell hemp food company to Chinese business falls through is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

From Elixinol’s attempt to sell hemp food company to Chinese business falls through on CBD Products & CBD Business News – Hemp Industry Daily.

This was autoposted by IFTTT. To find out more, read my post about news articles.

Start a CBD business for free here.

CBD News: Florida company hires new chief marketing officer

A Florida company that cultivates and processes hemp biomass has named a new chief marketing officer. Fort Lauderdale-based Green Point Research said Robin P. Pate will be responsible for developing new distribution channels, as well as brand development and partnerships to support the companies’ products. Pate was formerly with The Institute for Advanced Composites Manufacturing […]

Florida company hires new chief marketing officer is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

From Florida company hires new chief marketing officer on CBD Products & CBD Business News – Hemp Industry Daily.

This was autoposted by IFTTT. To find out more, read my post about news articles.

Start a CBD business for free here.

CBD News: EU hemp industry awaits court ruling on French CBD ban

The case being scrutinized by the Luxembourg-based CJEU touches on a key principle of the European Union’s project: the sanctity of intra-EU trade and the free movement of goods between member states.

EU hemp industry awaits court ruling on French CBD ban is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

From EU hemp industry awaits court ruling on French CBD ban on CBD Products & CBD Business News – Hemp Industry Daily.

This was autoposted by IFTTT. To find out more, read my post about news articles.

Start a CBD business for free here.

CBD News: Canadian oil-and-gas company expands into hemp extraction

A Canadian oil-and-gas company expanding into hemp extraction has acquired a Canadian hemp company in an all-stock deal worth CA$20 million ($14.4 million).

Canadian oil-and-gas company expands into hemp extraction is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

From Canadian oil-and-gas company expands into hemp extraction on CBD Products & CBD Business News – Hemp Industry Daily.

This was autoposted by IFTTT. To find out more, read my post about news articles.

Start a CBD business for free here.

CBD News: Former CBD retailer firm Green Growth Brands gets initial creditor protection

Ohio-based marijuana retailer and former CBD retail giant Green Growth Brands said this week it has filed for insolvency protection in Canada.

Former CBD retailer firm Green Growth Brands gets initial creditor protection is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

From Former CBD retailer firm Green Growth Brands gets initial creditor protection on CBD Products & CBD Business News – Hemp Industry Daily.

This was autoposted by IFTTT. To find out more, read my post about news articles.

Start a CBD business for free here.

CBD News: Bankruptcy judge approves $77 million sale of GenCanna Global assets out of bankruptcy

A federal bankruptcy judge has approved the sale of the bulk of the assets for GenCanna Global, a hemp processor and CBD product manufacturer based in Winchester, Kentucky, to MGG Investment Group, a New York-based, private direct lender and one of GenCanna’s creditors.

Bankruptcy judge approves $77 million sale of GenCanna Global assets out of bankruptcy is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

From Bankruptcy judge approves $77 million sale of GenCanna Global assets out of bankruptcy on CBD Products & CBD Business News – Hemp Industry Daily.

This was autoposted by IFTTT. To find out more, read my post about news articles.

Start a CBD business for free here.

CBD News: Insurance crucial for hemp, CBD businesses to mitigate risk in uncertain times

Hemp and CBD companies, like other agricultural commodities and consumer product goods industries, are liable for the products they put on store shelves and in consumers’ hands. That’s why it’s important for farmers and businesses to secure insurance and other provisions as risk mitigation.

Insurance crucial for hemp, CBD businesses to mitigate risk in uncertain times is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

From Insurance crucial for hemp, CBD businesses to mitigate risk in uncertain times on CBD Products & CBD Business News – Hemp Industry Daily.

This was autoposted by IFTTT. To find out more, read my post about news articles.

Start a CBD business for free here.

CBD News: Expiration dates and packaging for CBD pet products at issue in legal fight

A Seattle maker of CBD for pets and a holistic pet company that sold branded CBD treatments called the "Zen Pen" are now embroiled in a legal battle over shelf stability and expiration dates.

Expiration dates and packaging for CBD pet products at issue in legal fight is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

From Expiration dates and packaging for CBD pet products at issue in legal fight on CBD Products & CBD Business News – Hemp Industry Daily.

This was autoposted by IFTTT. To find out more, read my post about news articles.

Start a CBD business for free here.

CBD News: Aurora Cannabis continues divestment of hemp assets, citing low biomass prices

Canadian marijuana giant Aurora Cannabis is further divesting itself of some of the hemp assets it began acquiring in 2017 as it tried unsuccessfully to profit from the CBD market.

Aurora Cannabis continues divestment of hemp assets, citing low biomass prices is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

From Aurora Cannabis continues divestment of hemp assets, citing low biomass prices on CBD Products & CBD Business News – Hemp Industry Daily.

This was autoposted by IFTTT. To find out more, read my post about news articles.

Start a CBD business for free here.

CBD News: Florida CBD company issues voluntary product recall for heavy lead content

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.

Florida CBD company issues voluntary product recall for heavy lead content is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

From Florida CBD company issues voluntary product recall for heavy lead content on CBD Products & CBD Business News – Hemp Industry Daily.

This was autoposted by IFTTT. To find out more, read my post about news articles.

Start a CBD business for free here.

CBD News: CBD producer with European aspirations inks deal to buy Swiss retailer

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.

CBD producer with European aspirations inks deal to buy Swiss retailer is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

From CBD producer with European aspirations inks deal to buy Swiss retailer on CBD Products & CBD Business News – Hemp Industry Daily.

This was autoposted by IFTTT. To find out more, read my post about news articles.

Start a CBD business for free here.

CBD News: CBD companies see online sales spike as coronavirus shuts down retails shops

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 […]

CBD companies see online sales spike as coronavirus shuts down retails shops is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

From CBD companies see online sales spike as coronavirus shuts down retails shops on CBD Products & CBD Business News – Hemp Industry Daily.

This was autoposted by IFTTT. To find out more, read my post about news articles.

Start a CBD business for free here.

CBD News: Charlotte’s Web cites falling revenues, higher expenses as it turns in loss for Q1

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 […]

Charlotte’s Web cites falling revenues, higher expenses as it turns in loss for Q1 is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

From Charlotte’s Web cites falling revenues, higher expenses as it turns in loss for Q1 on CBD Products & CBD Business News – Hemp Industry Daily.

This was autoposted by IFTTT. To find out more, read my post about news articles.

Start a CBD business for free here.

CBD News: France’s blanket ban on CBD should go, EU court adviser says

France’s blanket ban on the marketing of all hemp-derived CBD products contradicts EU law on the free movement of goods, an adviser to the Court of Justice of the European Union said in a legal opinion on Thursday. The advocate general’s opinion, if followed by the top EU court, would set a binding precedent and […]

France’s blanket ban on CBD should go, EU court adviser says is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

From France’s blanket ban on CBD should go, EU court adviser says on CBD Products & CBD Business News – Hemp Industry Daily.

This was autoposted by IFTTT. To find out more, read my post about news articles.

Start a CBD business for free here.

CBD News: CBD in Europe: EU agency weighs in on joint novel-food applications

European regulators say they are willing to accept the hemp industry's pooled efforts to demonstrate CBD safety in foods - but they have some words of caution about what collaborations will be acceptable.

CBD in Europe: EU agency weighs in on joint novel-food applications is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

From CBD in Europe: EU agency weighs in on joint novel-food applications on CBD Products & CBD Business News – Hemp Industry Daily.

This was autoposted by IFTTT. To find out more, read my post about news articles.

Start a CBD business for free here.

CBD News: Canada’s NewLeaf Brands names ex-Ebbu director as new chief science officer

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 […]

Canada’s NewLeaf Brands names ex-Ebbu director as new chief science officer is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

From Canada’s NewLeaf Brands names ex-Ebbu director as new chief science officer on CBD Products & CBD Business News – Hemp Industry Daily.

This was autoposted by IFTTT. To find out more, read my post about news articles.

Start a CBD business for free here.

CBD News: GW Pharma trims loss to $8 million, warns virus could hit sales

CBD maker GW Pharmaceuticals lost $8 million in its latest quarter – an improvement over the previous three-month period – but the United Kingdom-based medical cannabinoid company warned the COVID-19 pandemic could hit sales if fewer patients visit their doctors. Revenue in the quarter ending March 31 reached $120.6 million, up from $91 million and $109.1 […]

GW Pharma trims loss to $8 million, warns virus could hit sales is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

From GW Pharma trims loss to $8 million, warns virus could hit sales on CBD Products & CBD Business News – Hemp Industry Daily.

This was autoposted by IFTTT. To find out more, read my post about news articles.

Start a CBD business for free here.

CBD News: California coffee company begins work on Nicaraguan hemp grow facility

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 […]

California coffee company begins work on Nicaraguan hemp grow facility is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

From California coffee company begins work on Nicaraguan hemp grow facility on CBD Products & CBD Business News – Hemp Industry Daily.

This was autoposted by IFTTT. To find out more, read my post about news articles.

Start a CBD business for free here.