WASHINGTON, D.C. – The Food and Drug Administration (FDA) is requesting an additional $5 million to regulate CBD. The funding request is a part of President Trump’s proposed 2021 budget. The president’s initial budget was unveiled earlier this week but could be significantly altered by Congress before its final approval. “This new funding will enable […] Source
SLIDESHOW: Products for hemp on display at the World Ag Expo
The staff of Hemp Industry Daily attended the World Ag Expo in Tulare, California, this week. Here are some of the new products for hemp cultivation and processing. (Click on the orange arrows to advance the slideshow.) SLIDESHOW: Products for hemp on display at the World Ag Expo is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news …
UK clears path for CBD food sales but adds dosage limits and safety deadline
British food regulators have given the CBD industry a little over a year to apply for safety evaluations in order to remain on shelves, a landmark advancement as many nations have yet to decide whether cannabidiol can be sold in food. The announcement by the United Kingdom’s Food Standards Agency (FSA) on Thursday also set dosage […] UK clears path for …
California Suspends Additional Cannabis Licenses
Some California licensees are starting off 2020 in a regulatory predicament. In early January, California’s Bureau of Cannabis Control (“BCC”) welcomed the new year with a bang by suspending another 252 cannabis licenses. This most recent round of suspensions comes on the heels of the BCC’s, and other regulating agencies, first round of suspensions. In November of last year, over …
Should You Take CBD Oil When You Have the Flu?
Every family has their own time-honored methods for dealing with the dreaded flu, from chicken soup and Sprite to herbal tea and essential oils. Typically, these “treatments” don’t make things worse — but they don’t always help as much as we’d like. That’s why a growing number of people are wondering if CBD (the versatile, non-intoxicating cannabis compound that’s taken …
Oregon wholesale marijuana flower prices rise after growers exit market, some pivot to hemp
Oregon marijuana growers report wholesale flower prices are improving, which is welcome news for recreational cannabis cultivators in one of the country’s previously most oversupplied MJ markets. The changed business climate is even leading some growers to expand facilities and ramp up production. Marijuana growers in the state report wholesale flower prices per pound are […] Oregon wholesale marijuana flower …
Montana, North Dakota keeping old rules for 2020 hemp production season
Two more top hemp states have decided to operate their 2020 hemp production programs under the rules of the 2014 Farm Bill. As the U.S. Department of Agriculture closed the public comment period last week on its interim final rule for hemp production, regulators in Montana and North Dakota said they will keep their current rules. Montana, […] Montana, North Dakota keeping …
Should Spas Sell Cannabis?
Americans really like going to the spa. According to Statista, we made over 190 million trips there in 2018 alone. It’s not hard to understand the appeal; what’s more relaxing than spending an afternoon getting pampered from head to toe, then going to chill in the jacuzzi while you sip champagne? Maybe nothing — unless you could swap that wine …
Former NFL Star and Super Bowl Champion Roman Harper Joins the CBD Industry
While most NFL players will be home recuperating from the grind of the football season as they watch Super Bowl LIV this Sunday, one former player will be enjoying his new role within the CBD industry. Former New Orleans Saints player and Super Bowl Champion Roman Harper has partnered with The Hemp Doctor, a CBD […] Source
Over 250 attend legal roundtable
A legal roundtable took place in Columbia on Wednesday, January 29. Hosted by MoCannTrade, the event was attended by over 250 people representing over 80 operating groups. MoCannTrade organized the one-night, centrally located event putting applicants, stakeholders, investors and the brightest legal minds together in an effort to provide value to their members and contribute to the Missouri industry’s success. The …