CBD Archives - Cannabis Business Executive - Cannabis and Marijuana industry news

Virginia cannabis businesses face empty shelves, confusion as new rules take effect

Barren shelves are greeting customers at a local hemp shop in Virginia Beach. “Right now the shop is super empty,” said Savana Griffith, owner of The Hemp Spectrum. “We have about five vendors left on our shelves.” Griffith used to…

Connecticut Senate Passes Last-Minute Bills Regulating Hemp, Updating Cannabis Laws

June 8, 2023
Tom Hymes
Connecticut, Hemp Industry News, News & Insights
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A multi-section bill containing an array of changes to Connecticut's cannabis regulations that was passed by the Senate this week included language intended to close loopholes in existing law that allow intoxicating hemp-derived products to be sold at unlicensed stores.…

Taiwan’s cannabis trade falters as Thailand and Japan cash in

Taiwan’s staunchly conservative attitudes towards drugs pose challenge to the burgeoning cannabidiol industry. Taipei, Taiwan – Joyce Wu was always curious about cannabis. Wu tried it a few times in Taiwan, where she grew up, but did not like the effects…

Has GW Pharmaceuticals – Now Jazz Pharmaceuticals – Knee-Capped The CBD Industry?

WITH the fast-growing CBD sector tied up in a regulatory quagmire hundreds of transatlantic industry players face an uncertain future. However, one UK company – the one which pioneered the medical use of the cannabis extract cannabidiol – will have…

Texas veterans vow to protect the state’s hemp market as one state lawmaker hopes to crack down

February 6, 2023
AggregatedNews
Texas
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Texas veterans are working to protect the state’s hemp market — and push to expand the state’s medical marijuana program — at the state Capitol during this year’s legislative session. The veterans and their supporters say they need access to…

FDA Kicks CBD to Congress, Creating Uncertainty, Unease, and Opportunity

UPDATED Last week, the U.S. Food and Drug Administration (FDA) announced that instead of approving CBD as a food or dietary supplement, it was recommending that “a new regulatory pathway for CBD is needed,” and that it “is prepared to…

Hong Kong to ban CBD, label it a ‘dangerous drug’

January 29, 2023
AggregatedNews
China
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HONG KONG (AP) — Hong Kong will ban CBD starting Wednesday, categorizing it as a “dangerous drug” and mandating harsh penalties for its smuggling, production and possession, customs authorities announced Friday. Supporters say CBD can treat a range of ailments…

FDA Says “No” to CBD Foods and Dietary Supplements

By Griffin Thorne, Attorney at Harris Bricken Since the passage of the 2018 Farm Bill, the hemp CBD industry has been eagerly awaiting FDA CBD regulations. In that time, FDA convened a working group to study how the agency would…

FDA finalizes guidance on cannabis clinical research

The US Food and Drug Administration has finalized a 2020 draft guidance outlining how sponsors and investigators can conduct clinical trials for certain drugs containing cannabis or cannabis-derived compounds without running afoul of federal law. When Congress passed the Agriculture Improvement…

Delta-8 THC Generated $2 Billion In Revenue In 2 Years, Report Finds

Delta-8 THC products have seen a surge in popularity in the past two years, resulting in over $2 billion in sales as an alternative to traditional marijuana. According to a recent report by cannabis analytics firm Brightfield Group, the increasing popularity of…

Irish Court Prosecutions To Resume As Europe Ties Itself Up In CBD Knots

January 9, 2023
Peter McCusker
Ireland
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EUROPE’S flip-flopping over the status of CBD is allowing the Irish authorities free rein to persecute the country’s hemp and CBD industry, it has been claimed. Over the coming days a fresh wave of prosecutions of hemp and CBD businesses…

CEO Thom Brodeur on Helming Two Cannabis-Related Companies

December 27, 2022
Tom Hymes
Ancillary Businesses, Hemp Industry News, News & Insights, Packaging, Spotlight
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Most CEOs have their plates full running one company. Thom Brodeur runs two companies without seeming to break a sweat, a feat he’d be the first to say does not reflect the years of transformative work he has overseen since…

High Court Challenge Could See Ireland Lift Blanket Ban On CBD Products By October

July 20, 2022
Ben Stevens
Ireland
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IRELAND’s restrictive policies on CBD, which all but ban its sale, were challenged in the High Court last week as the industry continues its fight for survival in the country. The Irish High Court held an important test action on…

Thailand companies make marijuana investments after legal shift

Thailand's marijuana and hemp business is drawing interest from companies large and small in the country, attracting more than 1.2 billion baht ($35 million) of investment as they aim to cash in on the decriminalization of cultivation and use of…

Mexico Cannabis FAQ: Part 1

April 13, 2022
AggregatedNews
Mexico
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by Adrián Cisneros Aguilar, Attorney at Harris Bricken Welcome to the first of two blog posts on frequently asked questions regarding cannabis in Mexico. Because we are one of very few American law firms with an office in Mexico that…