Clint Eastwood files third suit against CBD companies, saying they’re falsely claiming endorsement

Clint Eastwood has filed a third lawsuit alleging CBD companies are falsely claiming he’s endorsing their products. Clint Eastwood files third suit against CBD companies, saying they’re falsely claiming endorsement is a post from: Hemp Industry Daily: Financial, Legal & business news for hemp & CBD entrepreneurs

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Illinois sees more hemp processors but fewer acres as industry matures in agricultural powerhouse

The number of hemp processors in Illinois doubled over the last year as the new industry tries to establish itself in a state that’s already an agricultural powerhouse. Illinois sees more hemp processors but fewer acres as industry matures in agricultural powerhouse is a post from: Hemp Industry Daily: Financial, Legal & business news for […]

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2021: The year of positive CBD policy changes

(Editor’s note: This story is part of a recurring series of commentaries from professionals connected to the hemp industry. Havens co-chairs the Cannabis Law and Food, Beverage and Agribusiness Practices at Saul Ewing Arnstein & Lehr law firm in Washington DC.) The hemp industry has been waiting with bated breath for the release of the […]

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GW Pharma expects fiscal 2020 sales to reach $526 million

GW Pharmaceuticals expects to report annual sales of approximately $526 million for the year ended Dec. 31, 2020, it said in a preview of its fourth quarter and full-year results. GW Pharma expects fiscal 2020 sales to reach $526 million is a post from: Hemp Industry Daily: Financial, Legal & business news for hemp & […]

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Molson Coors, HEXO launch CBD drinks in Colorado

Molson Coors Beverage Co. says it has launched CBD drinks in Colorado through TRUSS CBD USA, its joint venture with HEXO Corp. The beverage line will be available in three flavors – Grapefruit Tarragon, Strawberry Hibiscus and Blueberry Lavender under the name, “Verywell,” Molson Coors and HEXO said Wednesday. The companies first partnered in 2018 […]

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Hemp licenses up, but acreage down in 2020 – yet industry is optimistic for growth

Last year hemp farmers took a step back and devoted fewer resources to the crop – the enthusiasm of previous years tempered by oversupply, supply-chain issues and a lack of infrastructure. Hemp licenses up, but acreage down in 2020 – yet industry is optimistic for growth is a post from: Hemp Industry Daily: Financial, Legal […]

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New industry group in Spain aims to change government’s flower opposition

A new industry group in Spain aims to change the government’s flower opposition. New industry group in Spain aims to change government’s flower opposition is a post from: Hemp Industry Daily: Financial, Legal & business news for hemp & CBD entrepreneurs

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Venture capital firm Canopy Rivers sells 49% stake in Italian processor to RAMM Pharma

RAMM Pharma, a cannabis-based pharmaceutical company with products in several Latin American countries, has bought a 49% stake in the Sicilian CBD processing company Canapar. Venture capital firm Canopy Rivers sells 49% stake in Italian processor to RAMM Pharma is a post from: Hemp Industry Daily: Financial, Legal & business news for hemp & CBD […]

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FDA says it seeks ‘real world data’ to fill in CBD research gaps in ‘end of administration’ update

Federal food and drug officials said Friday that they plan to fill in current CBD research gaps with “real world data” — but industry advocates are frustrated that regulators haven’t done enough to clear up the rules, which has caused supply-chain bottlenecks while leaving consumers to navigate an increasing field of unregulated products. FDA says […]

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California bill to legalize hemp extracts in food, drinks, includes ban on smokable flower

California lawmakers will be faced again with the long-debated question of whether to allow hemp extracts in food and beverages in the state when the legislative session opens Monday, but this time the proposal comes with a twist: The measure would also ban smokable hemp flower – an increasingly popular and unregulated segment of the industry. […]

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