Thursday, April 18, 2024

Lifestyle

Multistate medical marijuana operators tapped for Virginia’s CBD program

Virginia named its first five CBD-only medical cannabis business licensees – three of them multistate operators. Virginia’s Board of Pharmacy reviewed 51 applicants to produce CBD products in five areas of the state. The winning applicants are called “pharmaceutical processors” and must grow,...

Hemp Notebook: What the railroad industry can teach today’s hemp businesses

(This is an abridged version of a column that appears in the September issue of Marijuana Business Magazine.) Hemp is in an economic fast lane, with new ventures starting every day. So, it may seem odd to say modern entrepreneurs should...

‘One day you’re legal, the next day you’re not’: Confusion from spotty CBD enforcement

CBD producers and retailers in some of the nation’s largest markets say they’re pressing on despite hostile statements from their state regulators that CBD won’t be allowed. Bans in several markets have largely been met with spotty enforcement, CBD entrepreneurs...

North Carolina hemp firm seeks tax breaks from CBD extraction facility plans

A North Carolina hemp producer’s renovation of a former factory for CBD extraction sets it up for roughly $238,500 in tax incentives over the next four years.City of Wilson officials are lauding Criticality’s retrofitting for CBD production as an innovative...

Marijuana Law Reform Advocates Head to Harrisburg

by Kevin Mahmalji, NORML Outreach DirectorSeptember 20, 2018 With a state legislative session spanning almost an entire calendar year, supporters of marijuana law reform efforts in Pennsylvania are working overtime to make sure their voices are heard. That’s why members...

Capitalizing on CBD: New market opportunities with athletes

(This is an abridged version of a story that appears in the September issue of Marijuana Business Magazine.) Athletes have long used cannabis products to fight inflammation and recover from injury, but drug-testing rules and marijuana stigma have often kept it...

Coca-Cola eyes CBD ‘functional wellness beverages’ as soda market cools

The Coca-Cola Co., the world’s largest beverage maker, is looking at a line of CBD beverages, the company confirmed Monday. “Along with many others in the beverage industry, we are closely watching the growth of nonpsychoactive CBD as an ingredient in functional wellness...

Hemp hangs in balance as Farm Bill talks stall

Entrepreneurs hoping for a long-awaited hemp expansion from Congress are nervously watching as the end-of-the-month deadline nears.Hemp farmers hoped to see quick action on the 2018 Farm Bill, including a provision to take hemp off the Controlled Substances Act...

Federal judge shuts down West Virginia hemp farm over seed allegation

A federal judge has ordered a West Virginia hemp farm to shut down over allegations that the operation illegally imported seeds from Kentucky. U.S. Attorney Mike Stuart argued that Grassy Run and its affiliated company CAMO Hemp WV received about 5,000...

Capitalizing on CBD: How hemp businesses are shaping the market and winning new customers

(This is an abridged version of a story that appears in the September issue of Marijuana Business Magazine.) Dr. Priyanka Sharma had a thriving global business in chemical pharmaceuticals, traveling the world setting up factories extracting fish oil for nutritional supplements. But...
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Celebrate 4/20 at events across the country

2024 is one of those lucky years where 4/20 lands on a Saturday, and to celebrate the occasion, there’s...
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