CBD News: EU drug agency flags CBD market issues in report on low-THC cannabis products

The European Union's drug agency has signaled that it is mulling the legal and commercial status of CBD and cannabis-based products in Europe in a new report.

EU drug agency flags CBD market issues in report on low-THC cannabis products is a post from: Hemp Industry Daily: Financial, Legal & business news for hemp & CBD entrepreneurs



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CBD News: Charlotte’s Web says another labeling lawsuit should wait for FDA

Charlotte's Web Holdings says that labeling lawsuits against CBD makers must wait while federal regulators consider how to regulate the hemp extract.

Charlotte’s Web says another labeling lawsuit should wait for FDA is a post from: Hemp Industry Daily: Financial, Legal & business news for hemp & CBD entrepreneurs



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CBD News: Top 10 hemp business stories of 2020, chosen by Hemp Industry Daily readers

(Click on the orange arrows to advance the slideshow.)

Top 10 hemp business stories of 2020, chosen by Hemp Industry Daily readers is a post from: Hemp Industry Daily: Financial, Legal & business news for hemp & CBD entrepreneurs



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CBD News: Eye drops, inhalers targeted in latest round of FDA CBD warnings

Five more CBD manufacturers have gotten warning letters from the U.S. Food and Drug Administration for making illegal medical claims, with the agency raising special alarm Tuesday because of how some of the products are taken -- inhaled or dropped in the eyes.

Eye drops, inhalers targeted in latest round of FDA CBD warnings is a post from: Hemp Industry Daily: Financial, Legal & business news for hemp & CBD entrepreneurs



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CBD News: Australia’s Creso Pharma cleared to sell CBD pet product line in Uruguay

Authorities in Uruguay have given Australia-based pharmaceutical company Creso Pharma the green light to market its line of CBD animal products in the South American country. Creso Pharma, which offers a range of cannabis-derived wellness and lifestyle products for humans and animals, said Monday it received regulatory approval from Uruguay’s Ministry of Agriculture and Animal […]

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CBD News: DEA wins latest round against hemp operators in extraction case

A federal judge has rejected legal maneuvers by the Hemp Industries Association and a South Carolina CBD maker trying to get the U.S. Drug Enforcement Administration to clarify whether it considers temporary byproducts of hemp production a Schedule 1 substance.

DEA wins latest round against hemp operators in extraction case is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs



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CBD News: FTC announces first monetary sanctions for CBD medical claims, says to expect more

The U.S. Federal Trade Commission announced its first crackdown on deceptive claims in the CBD market Thursday, issuing fines and sanctions to six manufacturers accused of misleading consumers about the health benefits of the cannabis extract.

FTC announces first monetary sanctions for CBD medical claims, says to expect more is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs



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CBD News: Study: Consumers don’t know CBD and THC levels in cannabis products

A new study shows consumers are unable to identify cannabinoid levels in products they use.

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CBD News: Hemp pricing data now available on Chicago Mercantile Exchange

Hemp is another step closer to being recognized as a mainstream agricultural commodity with new pricing data being added to the Chicago Mercantile Exchange.

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CBD News: Australia nixes prescription requirement for select CBD products

Regulators in Australia have amended the country's drug law and removed a prescription requirement for some CBD products, paving the way for greater consumer access but saddling CBD makers with efficacy requirements that threaten to create barriers to market entry.

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CBD News: Despite falling 2020 hemp acreage, Wisconsin farmers remain interested in crop’s potential

Wisconsin’s humidity and long winters make it a tough place to cultivate hemp, but the state’s recent history shows the plant can still grow in abundance.

Despite falling 2020 hemp acreage, Wisconsin farmers remain interested in crop’s potential is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs



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CBD News: Massachusetts clears path for hemp-derived CBD ingestibles in MJ retail

Massachusetts' governor has agreed to allow marijuana dispensaries to sell hemp and hemp-derived products grown and manufactured in the state.

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CBD News: Smokable hemp regulations likely won’t come before FDA’s broader CBD rules, attorneys say

Hemp flower growers and smokable hemp manufacturers impacted by state laws that have banned or restricted smokable hemp flower production and sales are worried that federal regulators could echo state-level restrictions on a national scale.

Smokable hemp regulations likely won’t come before FDA’s broader CBD rules, attorneys say is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs



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CBD News: Brazil postpones evaluation of CBD formulation for medical coverage

A government evaluation to include a CBD product in Brazil’s Public Health System has been postponed.

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CBD News: Amid slumping economy, hemp legalization in Costa Rica gains momentum

Costa Rica’s government and the public are embracing the idea that industrial hemp can be a much-needed economic driver if legalized, but the question of allowing marijuana for medical use has been a harder sell.

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CBD News: Martha Stewart brand CBD wellness products hit national retail shelves

One of the nation’s largest chained retailers of health supplements, the Vitamin Shoppe is the first national retailer to carry the full line of hemp-derived CBD wellness products from lifestyle guru Martha Stewart, according to Smith Falls, Ontario-based cannabis operator Canopy Growth Corp.

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CBD News: Market research firm: Lower CBD prices good for consumers, bad for brand loyalty

Consumers are increasingly using hemp-CBD to help them through the coronavirus pandemic – and that could be thanks in part to heavy discounting from CBD brands.

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CBD News: USDA will move on hemp regulations in 2021 but FDA will not, MJBizDaily CEO predicts

This session and other MJBizCon 2020 content is available on demand. New leadership at the U.S. Department of Agriculture under the Biden administration will result in the agency “taking another look at looming rules for a nationwide hemp regulatory network,” said Chris Walsh, CEO and president of Hemp Industry Daily and Marijuana Business Daily. Walsh […]

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CBD News: Hemp businesses cheer as US House votes to decriminalize cannabis

If Congress decriminalizes cannabis regardless of THC levels as it's considering, hemp businesses say they can look forward to easier access to banking services and advertising.

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CBD News: Charlotte’s Web CEO eyes consumer data: ‘Consumers want to know that you know them’

This session and other MJBizCon 2020 content is available on demand. This story first appeared at Marijuana Business Daily. Consider consumer-related data such as purchasing behavior your friend – a tool companies can use to personalize their pitch to attract and retain customers. That was the message delivered at MJBizCon by Deanie Elsner, CEO of Boulder, Colorado-based Charlotte’s […]

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CBD News: EU officials resume review of CBD novel food applications after ditching narcotic stance

European regulators have resumed their review of novel food authorization applications for CBD products after the commission abandoned its preliminary stance that cannabidiol should be treated as a narcotic. The European Commission, the executive arm of the European Union, says the change comes after a landmark court decision that CBD should be freely traded among […]

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CBD News: Latest hemp investor group files plans to raise $100 million

Another group of investors has filed plans to create an enormous blank-check company that will invest in hemp-derived consumer goods.

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