Mexico has once again delayed the legalization of marijuana and hemp. The potential future of the measure is now more anticipated than ever. The decision (originally set for April 30) was postponed due to the pandemic. They pressed pause on the process of legalization, missing the deadline originally set by Mexico’s supreme court. Because of this delay, “lawmakers have to …
The Georgia Hemp Company Offers Limited Touch Pickup
ATLANTA — In states like Illinois, Colorado and Oregon, hemp & cannabis-related businesses are deemed essential during the COVID-19 Pandemic. There are many reasons for this, the first and foremost reason being the healing benefits of the plant, helping people with their anxiety, pain, immune system support and much more. For the Georgia Hemp Company, […] Source
Trade coalition asks SBA to include hemp farmers in coronavirus stimulus loan package
A coalition of hemp trade associations wants assurance that farmers – and particularly hemp farmers – will be eligible for key assistance programs under to help with business disruption caused by the coronavirus pandemic. Eight hemp organizations sent a joint letter to Small Business Administration Administrator Jovita Carranza on behalf of the 17,000 licensed hemp farmers […] Trade coalition asks SBA …
Ohio deems CBD businesses nonessential
An Ohio agency focused on conflict management has decided which businesses in the state are essential during the coronavirus pandemic – and retailers selling CBD are reportedly not among them. Ohio deems CBD businesses nonessential is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs Source
Hoban Minute Podcast: Benzinga’s Javier Hasse On ‘What COVID-19 Has Revealed About The Cannabis Market’
Bob and Eric sit down with author, Forbes senior contributor, CEO of El Planteo, and Managing Director of Benzinga Cannabis, Javier Hasse who shares his perspective on how Argentina has been impacted by the spread of COVID-19. They discuss the recent performance of marijuana stocks and consumer behavior, the ineligibility of marijuana businesses for financial assistance through the CARES Act, the World …
Lighting of the Sun on Bright Unfocused Eyes: A Note on Repercussions from the DEA’s Descheduling of Epidiolex
On April 7th, the Drug Enforcement Administration announced that Epidiolex was no longer being treated as a controlled substance. To truly appreciate this, we need some background. In 2018, Epidiolex, which is manufactured by Britain-based GW Pharmaceuticals, was the first cannabis-formulated drug to be approved by the FDA. Epidiolex is used to treat seizures associated with Dravet syndrome in pediatric …
Federal Reserve’s new loan programs include $600 billion to support businesses
More money may be available to hemp businesses as the Federal Reserve announced plans on Thursday to release up to $2.3 trillion in loans to help the U.S. economy through disruptions caused by the coronavirus crisis. The announcement came just moments after the U.S. government reported that 6.6 million new jobless claims were filed last week. […] Federal Reserve’s new loan …
FDA cracks down on 3 CBD companies making COVID-19 claims
The U.S. Food and Drug Administration has sent warning letters to three more CBD retailers for making COVID-19 claims. Letters were sent to Indigo Naturals and Native Roots Hemp on Monday, and to CBD Online Store on Wednesday. The FDA warned them to stop making claims linked to the coronavirus or else risk legal action, including seizure […] FDA cracks down on …
Living Senior LLC Launches CBD Seniors.com
LAS VEGAS — Living Senior LLC is proud to announce their latest venture, CBDSeniors.com , a web platform that has been created in an effort to promote the usage of hemp-based products among the senior citizen community (those aged 50+). The founders of CBD Seniors have set out to educate seniors and their families on […] Source
How Much Can I Make by Buying White Label CBD and Selling it in a Retail Store?
Not so many years ago, starting a business in the cannabis and hemp industry was viewed as a risky investment. In early 2020, however, it’s one of the fastest-growing markets in the United States. Today, the surging popularity of hemp-derived products – notably CBD – has given rise to huge numbers of independent CBD businesses. Are you curious about how …