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 […]

Nielsen predicts Amazon entry into U.S. CBD retail at MJBizCon hemp forum

Learn more about the state of  retailing in the marijuana industry at MJBizCon 2020. E-commerce behemoth Amazon is likely to get involved in hemp CBD U.S. retail, according to a forecast revealed during the Hemp Industry Daily Forum as part of the cannabis industry’s flagship conference, MJBizCon. Sales of hemp CBD products are expected to […]

Report: Malawi ready for hemp cultivation as tobacco revenue tumbles

Malawi’s new regulatory agency for the cultivation, processing and sale of medical cannabis and industrial hemp has said the country is ready to launch commercial production of the crop, the Reuters news agency reported last week. Malawi’s agriculture ministry said the licensing fees for the cultivation, sale, storage, and distribution of industrial hemp or medicinal […]

CBD court ruling brings additional support in Germany for access

German politicians are joining those calling for easier CBD access in the wake of a landmark EU ruling that CBD is not a narcotic and is therefore allowed to be traded freely between EU member states. CBD court ruling brings additional support in Germany for access is a post from: Marijuana Business Daily: Financial, Legal […]

Industry groups, legal experts weigh implications of landmark CBD ruling in EU

Europe’s hemp industry hit a milestone last week when the European Union’s top court liberated CBD from the jurisdiction of an international drug treaty, declaring that hemp-derived cannabidiol is not a narcotic. Hemp groups in France and elsewhere in Europe gave the five judges a standing ovation for the Kanavape ruling, which declared that France’s […]

CBD e-commerce platform in UK raises $1.5 million for new products, U.S. expansion

Alphagreen, a London-based e-commerce platform focused on CBD, has secured 1.1 million pounds ($1.5 million) of seed funding to help finance the rollout of new products and services and an expansion into the United States. According a statement released last week, participants in the seed round included: Stockholm-based Enexis AB. U.S.-based West Creek Investments. Angel […]

Kentucky tobacco company buys stake in Texas hemp cigarette maker

It’s your final day to save $50 to discuss the smokable hemp market Nov. 30 at the Hemp Industry Daily Passholder Day Forum at MJBizCon2020. Turning Point Brands, a Kentucky tobacco company making increasing moves in the cannabis space, has acquired a 20% stake in the Texas-based hemp cigarette brand Wild Hempettes. The deal, which […]