Data-driven coverage of CBD innovation, hemp policy, and wellness applications.
The Council of the European Union has adopted proposals that would see the whole hemp plant, including inflorescences and leaves, recognised as an ordinary agricultural product.
California-based cannabis operator Beard Bros has signed a commercial collaboration with vertically integrated UK cannabinoid manufacturer BRITISH CANNABIS to develop and distribute CBD and CBG products across the UK, Europe and North America, in a bi-directional partnership that gives each side a route into the other’s regulated markets.
The US post-2018 Farm Bill hemp boom helped create a problem the industry is still wrestling with: too much flower and too few buyers.
The long-term future of Britain’s CBD sector ‘really will lie with EU authorisations’, the chair of the Food Standards Agency (FSA) has told its board, a candid admission that the domestic regime the industry has chased for six years may ultimately be superseded by Brussels.
Britain is on course to become the first country in the world to formally authorise cannabidiol (CBD) as a novel food, as the Food Standards Agency (FSA) recommends three applications for ministerial approval in a move that could bring an estimated 3,000 products into legal compliance.
Despite the Council of State knocking back its initial attempt to derail the French authorities’ latest crackdown on CBD, the head of the trade groups fighting the ban remain upbeat on its chances of success.
The US hemp industry has successfully bought itself some additional time to find a permanent solution to the incoming federal ban.
The director of UK CBD brand Virtutum Limited, which traded as CBD Asylum in Hull, has been given a suspended prison sentence for fraud and money laundering.
The US intoxicating hemp market, thought to be worth around $28bn in annual sales, could yet be saved from a devastating ban set to be implemented in a matter of months.
