Police set to drop ‘drug bust’ charges: CBD-Intel business news in brief
25th November 2019 - News analysis |
CBD-Intel’s regular round-up of business news in brief revisits the strange case of the Fed Ex tip-off that got New York police confused
CBD-Intel’s regular round-up of business news in brief revisits the strange case of the Fed Ex tip-off that got New York police confused
US hemp farmers are facing devastating crop rot due to a lack of processing capability and limited access to financial measures, according to an industry expert
CBD-Intel’s regular podcasts provide expert insight into global regulation, market trends and the latest developments. Join us to find out more about this fast-moving industry with the CBD-Intel team. Thanks for listening!
Official approval by the UK National Institute for Health and Care Excellence (NICE) of the drugs Epidyolex and Sativex will be seen by many as a positive sign of growing acceptance of cannabis-based medicines
The US Patent and Trademark Office has awarded a specialist pharmaceutical company a patent for a cannabidiol treatment of Fragile X Syndrome – a genetic condition. Other items include news from Australia, Latin America, the EU and the US
CV Sciences, a company based in California, is blaming a lack of regulatory clarity after its latest results revealed a downturn in revenue
While entrepreneurs and users tend to focus just on medical cannabis or just on CBD, many people would benefit from a balanced use of both, according to a patient who also runs three companies in the field
The owner of the JustCBD range of products is being sued in Florida by a woman who claims she lost both her legs after vaping CBD oil – and in Illinois by a truck driver who lost his job over a failed drug test
Educating consumers is the key to success in the fast-moving industry of cannabis-based products, says Melissa Jochim, founder of High Beauty, a brand of skincare products from pressed hemp seed oil
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
A US-based international survey suggests the majority of CBD users are white, middle-aged women with a higher level of education. The report also highlights reasons for the use of CBD products
A survey suggests that the vaping health scare appears to have had some impact on US consumer perceptions of CBD, with almost half of consumers surveyed admitting worry over CBD products
The Centre for Medical Cannabis is launching a new Association for the Cannabinoid Industry (ACI), claiming to be the first CBD trade organisation in the UK to ensure compliance with EU novel food regulations
A CBD company is trying to convince other vendors to give up selling CBD oils, believing the variable bioavailability of oils will hold the industry back
CBD cultivation continues to grow rapidly, and aggregate surface of Polish hemp fields has significantly increased over the past five years
According to research from San Diego State University, CBD is the most searched health term in the US. Also covered are further stories from the US, Australia, India, Italy and Switzerland
CBD is now commonplace across the US, with many independent and chain stores offering a variety of brands and products. CBD-Intel breaks down the US market and distribution by store type and more
A survey, by Manchester-based company Dr Ed – specialists in the sale of cannabidiol products – found almost every possible negative stereotype about CBD to be harboured by the majority of those surveyed
A proposal to regulate the sale of hemp biomass in Italy has been put before the Agriculture Committee of the Chamber of Deputies, but members of the industry fear it does not go far enough in allowing use of the plant
California vet Tim Shu, founder of Vet CBD and Dr Shu’s Pet Care, discusses the future of full-spectrum products, cannabinoid therapeutics, and the need for further research and regulation
A bumper crop of business briefs includes news of a “unique 4D, shape-changing cannabinoid and active ingredient delivery system”
A product liability lawsuit filed in Washington state could be a very serious issue for the CBD industry in the near future, especially following the ongoing lung-related illness outbreak
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
Companies can advertise food and drinks as containing CBD, however, they should be careful about implying any link to illicit drugs like cannabis, according to the UK Advertising Standards Authority (ASA)
The world of CBD is set to get a surprising new entrant, if talks between Canada’s Neptune Wellness Solutions and International Flavors & Fragrances (IFF) of New York conclude satisfactorily
CBD with legally-permitted levels of psychotropic elements can be derived from varieties containing higher levels of THC using better extraction techniques, according to an industry expert
Leading CBD sellers in the US have been urged to clean up their act by the Center for Food Safety (CFS) after a “scorecard” survey revealed supply chain failings – from farm to point of sale
Cannabis industry stakeholders are most interested in CBD – both in and out of medical context – according to an executive in the European arm of a cross-trading platform
The relative newness of CBD means brands will look to get big names to endorse it – but as the product becomes more known and accepted, this could all change
Uncertainty over the legal status and future of CBD in Italy is affecting the way some manufacturers prepare and label their products, according to a senior executive in the industry
The purchase of a British CBD company by a medical cannabis investment firm could be just one of many to come, according to industry experts
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
Multi-level marketing of cannabidiol is booming in the US and Europe, with forecasts for the market to continue expanding. There are advantages to the system – and challenges
CBD users in parts of London will have the chance to get cannabidiol soft drinks without leaving their homes after drinks company Botanic Lab announced a partnership with home delivery firm Deliveroo, creating what they have termed ‘CBD On Demand’.
CBD-Intel managing director Tim Phillips gave an informative presentation to visitors to the Hemp & CBD Expo in Birmingham, UK, on 15th September 2019.
The talk covered the UK market in general, plus the results of CBD-Intel’s UK manufacturer/brand survey; this looks at consumer factors when buying CBD, CBD dosage, consumer spend by product type and much more.
A professional football club from England’s second highest division could give its players CBD supplements after tying up a deal with a local CBD company
From US over-production to European and Chinese expansion plans, via CBD toothpicks, sports star promotions and threatened job losses
South Dakota governor Kristi Noem has explained why she continues to oppose hemp legalisation in the state; Flanders in Belgium is seeing enforcement action against CBD shops because of CBD oils and teas; Australian state Victoria may yet see hemp farming legalised as attitudes appear to be softening; and much more…
Information from the US, the UK, Canada and Africa, including how more than half of the hemp crops planted in Hawaii have had to be destroyed due to THC content being over the permitted levels
UK ornamental flowers producer the Bridge Farm Group says it will focus on hemp and CBD following its recent acquisition by Canadian cannabis company Sundial Growers
Items from China, Thailand, Colombia, Israel, the US, Canada, UK and Ireland include news of the political leader’s son who is planning to open a hemp store, with dad’s blessing
US cannabis company Bhang is targeting six European CBD markets, including the UK and Spain, in a bid to evolve from a regional supplier to global player
A Greek billionaire claims to have launched the world’s first bank specifically focused on supporting the hemp and legal cannabis markets
Some Italian companies have begun to register CBD hemp flower products as animal feed in an attempt to avoid regulatory confusion and uneven enforcement in the country
Unilever, one of the world’s largest consumer goods companies, is still planning to launch its own CBD-infused deodorant under its Schmidt’s Naturals brand
The future of one of Canada’s largest cannabis companies is hanging in the balance after a whistleblower and an unannounced inspection by Health Canada triggered a series of problems for CannTrust
CBD supplier Kannaway says it has been granted licences confirming compliance with the law and permitting free sale of a product in an EU member state – Bulgaria – as well as in Russia
Kylie Jenner gets happy – CBD-Intel’s weekly round-up of business snippets includes items from the US, Canada, Ireland and Australia
A new clinical trial is investigating the efficacy of CBD-infused mouthwashes and toothpaste when used to treat gum disease. The randomised controlled clinical trial is a collaboration between Australian medicinal cannabis business Impression Healthcare and US-based pharmaceutical-grade medical cannabis producer AXIM Biotechnologies.
The UK’s largest high street health food retailer is increasing the number of CBD products it sells with a new range – and with it testing the rules on health claims
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