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...
In June of 2018, the FDA approved, for the first time, a cannabis based drug. Epidiolex, is a CBD drug used to treat Dravet Syndrome. Dravet Syndrome is a devastating form of lifelong epilepsy that reveals itself in infancy....
(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,...
by NORML September 27, 2018
Epidiolex, a prescription medicine containing a standardized formulation of plant-derived cannabidiol (CBD), has been reclassified today by the US Drug Enforcement Administration to Schedule V — the lowest restriction classification available under federal law. The...
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...
by Justin Strekal, NORML Political DirectorSeptember 26, 2018
Last week, I did something that I had never done before: I traveled to North Dakota.
This summer, the grassroots group LegalizeND successfully collected enough petition signatures to place a statewide marijuana legalization...
The cannabis product market continues to expand each day. Companies large and small are recognizing the vast potential that the cannabis plant has to make helpful, consumer friendly products. One massive company making news in the cannabis community recently...
by Paul Armentano, NORML Deputy Director September 24, 2018
The total number of persons arrested in the United States in 2017 rose for the second consecutive year, according to data released today by the US Federal Bureau of Investigation.
According to...
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...