Lifestyle

Australian CBD company Elixinol Global raised 40 million Australian dollars ($29 million) in a new share placement to ramp up sales and marketing efforts in the United States and Europe. The capital raise comes less than a week after the...

(This story has been updated to provide additional details from the DEA announcement.) The U.S. Drug Enforcement Administration has taken some cannabidiol off the most restrictive class of controlled substances, a move that allows the sale of the first nonsynthetic,...

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,...

(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...

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...

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...

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...

(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...

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...

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...