Major cannabis firms are streamlining their North American operations and reallocating resources toward markets with what they see as more long-term growth potential ...
Hemp production in the US suffered a major decline last year, with the planted area shrinking by 48% against 2021 and the total value of the harvested crop falling by 71% ...
Producer Rubicon Organics delivered net revenue of CAD35.5m (USD26.1m) for the year ending 31st December 2022, which represents significant net revenue growth of 57% compared to 2021 ...
US cannabis company Medicine Man Technologies, operating as Schwazze, saw an increase in revenue last year, helped by acquisitions, new store openings, entrance into the New Mexico market, and that state's adult-use legalisation taking effect...
US cannabis company Columbia Care recorded a positive performance in 2022, despite macroeconomic headwinds that impacted consumers as well as wholesale market pricing ...
Charlotte’s Web managed to reduce its losses last year, despite “a challenging sales environment” caused by regulatory inaction, which has created uncertainty throughout the US cannabis and CBD industry ...
Cannabis companies are looking to get Google certification as part of the tech giant’s update on the use of Google Ads for CBD products in parts of the US ...
British CBD and hemp brand Voyager has facilitated easier access to the EU market by acquiring a CBD extraction and manufacturing facility in Poland for £1.5m (€1.69m) ...
US cannabis firms have been striking deals to acquire new brands, diversify their offerings and boost production capacity. Recent movers include California’s High Times and Bloomios, while two Oregon firms have teamed up ...
A measure to allow the use of psychedelics in Colorado is a major step – but supporters worry it could lead to the sort of bad experience that would set back the progress of legalisation...
Tilray Brands continues to show signs of confidence in the future of cannabis-infused drinks by adding more beverage firms to its portfolio and building a distribution network ...
Republicans are favoured over Democrats to take control of both chambers of US Congress in the midterm elections, but there are supporters and naysayers among both major parties when it comes to cannabis legalisation ...
The creators of a UK report on hemp that has received criticism from the industry told CBD-Intel they stand by their estimates, but it remains unclear where some of the numbers have come from ...
The senator leading a bid to legalise recreational cannabis in France has called legalisation “the least bad solution” to addressing cannabis consumption in the country, and has said he does not expect any measure to...
The Republican-influenced National Conference of State Legislatures (NCSL) has explicitly called on the US federal government to support cannabis legalisation measures ...
CBD companies see more synergies than threats from the provision of legal cannabis products in states such as Colorado, which has one of the oldest recreational cannabis markets in the US ...
Canadian cannabis brand Hexo has acquired medical and recreational cannabis producer Zenabis Global in a CAD 235m deal that will boost its cultivation capacity and secure a footprint in the European market ...
A new line of sparkling CBD drinks is to be launched in the Colorado market in what may be an indication of how high-profile companies approach the CBD market during its continued period of uncertainty...
Every state in the US is offering some sort of tax relief in response to the coronavirus pandemic, and many hemp and CBD companies may be eligible for such relief ...
Also: £500k funding for online retailer; Hollister picks magic mushroom researchers; KushCo scales back trading prediction; HempNova prepares to grow and process in Oregon ...
A coalition of organisations linked to the US hemp market has released the first part of a series of policy recommendations – while one CBD firm has been referred to the US Federal Trade Commission...
A Denver-based chain claims to be the first CBD burger franchise in the US, while a Japanese company says it can extract CBD from orange peel. These and other stories are in CBD-Intel's latest round-up...
Toothpaste giant Colgate is entering the CBD market, researchers have created a laser scanner that can tell the difference between legal hemp and potentially illegal cannabis, and wrestling legend Kevin Nash has become the latest...
Tom Hanks refutes false claims over endorsement of CBD products, research suggests cannabinoids benefit gene receptor diseases and CBD coffee is set to hit the market, plus more ...
CBD-Intel brings you news that a rugby league team will be the first senior outfit in its sport to promote a CBD brand on its kit, a qualification for hemp production is offered in Kentucky...
A Colorado company is to pilot the use of CBD vending machines in convenience stores. Other news items come from the UK, South Africa, and states across the US from California to Vermont ...
Police in Vermont were satisfied with the legality of a shipment of hemp after being tipped off by delivery company FedEx – but the New York Police Department took a different view ...
Regulators in the US state of Colorado are preparing to finalise rules that ban certain additives in cannabinoid vaping liquids – but a question remains over who is to oversee and enforce those rules ...
A legal battle between a Canadian cannabis company and a US hemp company leads this round-up of business news in brief. Also covered are stories from Australia, Germany, and a number of US states ...
A San Francisco-based CBD firm is donating all September profits from its bestselling line to Leonardo DiCaprio’s Earth Alliance Amazon Forest Fund. This and other business news in brief ...
Catch up on the latest CBD business news with CBD-Intel’s weekly round-up, bringing updates from the US, Canada, London, Hungary, Spain, Google and Facebook ...
US states and tribal territories have no right to stop the transportation of legal hemp that conforms with US Department of Agriculture (USDA) guidelines or was produced under the terms of the 2014 Farm Bill...
Cannabinoid extracts require human intervention to change them from their natural state, a judge has ruled in a dispute that will help develop case law ...
The first in a new weekly round-up from around the US brings you news from Colorado, Florida, Indiana, Maine, New Jersey, New York, North Dakota, and Tennessee ...
CBD products appears to be entering the mainstream of US retail. One of the largest retail pharmacy chains in the US, CVS is already selling a range of products in at least eight US states...
Several US states and territories are reporting changes to hemp policies following the passing of the 2018 US Farm Bill. One surprisingly positive example is Pennsylvania, which is backing growth ...
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