CBD Is Psychoactive — And That’s OK

May 22, 2024 · Cannabis Now

Here’s a thought experiment: What if you — and almost everyone else around you —are all the victims of a grand misunderstanding of what marijuana’s less-intoxicating ingredient CBD actually is and does? It’s a question of how the word “psychoactive” is defined. While most people have been using the term “non-psychoactive” as a synonym for “non-intoxicating” when they describe CBD, they’re misusing the word “non-psychoactive.” In truth, a psychoactive substance is something that will alter mental processes or behaviors —… Read more.

How to Understand CBD Lingo

May 2, 2024 · Cannabis Now

It wasn’t too long ago that if you asked somebody what CBD was, they would look at you with a puzzled expression on their face. Today, CBD is on everyone’s lips, dominating the conversation on medical cannabis and its therapeutic effects and being touted as a health supplement at nutrition stores. It can also be purchased online and found in department stores, drug stores, grocery stores, gas stations and, of course, dispensaries. With CBD’s popularity comes a learning curve for the discerning… Read more.

CBD Is A ‘Powerful And Promising’ Treatment For Crack Use Disorder—With Fewer Side Effects Than Conventional Therapies, Study Finds

April 17, 2024 · Marijuana Moment

A new study aiming to explore the efficacy of CBD as a treatment for crack use disorder found that people who took the cannabinoid had better health outcomes and fewer adverse health events compared to those who took more conventional pharmaceutical treatments. “The main implications of this study point to CBD as a powerful and promising therapeutic tool for people with CUD,” says the report, published this month in the International Journal of Mental Health and Addiction. “CBD seems to… Read more.

A Quality Seal of Assurance on Hemp Products? – Would It Quiet Fears about Hemp-Derived Delta-8 and Delta-9 THC?

April 16, 2024 · Cannabis.net

The United States Hemp Authority is working to assure the quality of Delta-8 THC through an upcoming certification procedure. This effort intends to set stringent standards and promote self-regulation in the Delta-8 sector, which is subject to relatively lenient regulatory scrutiny. While Delta-8 THC is federally lawful, its status varies by state, with certain authorities enforcing restrictions due to safety concerns. The certification scheme would stress sound manufacturing standards, correct labeling, and FDA compliance, all to prevent minors from accessing… Read more.

How Old Do You Have to Be to Buy CBD? A. 21 B. 18 C. 12 D. No Age Restriction

April 15, 2024 · Cannabis.net

Following the passing of the 2018 Farm Bill, the purchase of CBD oil products is now permissible under the law. This revised legislation has sanctioned all hemp-derived items, provided they contain 0.3% THC or less. Except for vape and smokable variants, there are no designated age restrictions for CBD usage. At the federal level, there exists no age threshold for CBD consumption. While hemp-derived CBD products (with less than 0.03% THC) are lawful nationwide, certain states may necessitate individuals to be either 18 or… Read more.

Edibles Recipe: CBD and THC-Infused Energy Bites

April 9, 2024 · Cannabis Now

These CBD and THC-infused energy bites, baked in a mini muffin tin, have all the crunch and chew your cannabis-loving heart desires. Full of nutrients, these treats are perfect for a quick breakfast, to snack on before a workout or to bring along for a stroll in the woods. These fruit and nut cups are almost vegan, with the exception of the honey. Vegans can easily substitute brown rice syrup or agave instead — though brown rice syrup is less sweet than honey… Read more.

Nebraska Bill Aims To Increase Taxes on CBD, Hemp Products by 100%

March 27, 2024 · High Times

A recent property tax relief bill in Nebraska is seeking to create new income opportunities for the state, including a variety of sales tax exemptions. This includes adding sales taxes for products like candy and soda, as well as services such as pet care and grooming, but most importantly, adding a 100% tax to CBD and hemp products. Legislative Bill 388 was recently passed by the Nebraska Legislature’s Revenue Committee on March 21 in a seven to 10 vote. The bill was initially… Read more.

Amazon is Selling Weed and Doesn’t Even Know It – Amazon Sellers’ Delta-8 THC Gummies and Vape Pens Test Out at Dangerous Levels

March 23, 2024 · Cannabis.net

A recent investigation conducted by CBD Oracle has revealed concerning revelations regarding the availability of "hemp gummies" on major e-commerce platforms such as Amazon.com Inc (NASDAQ:AMZN), Walmart Inc (NYSE:WMT), and eBay Inc (NASDAQ:EBAY). Despite the stringent regulations against CBD and THC, thorough lab examinations have shown that many of these products contain notable amounts of delta-8 THC, a substance prohibited in numerous states. The meticulous research by CBD Oracle involved the purchase of 56 hemp items from Amazon, including gummies and tinctures, which… Read more.

Charlotte’s Web aims for brighter days with strategic shifts

March 22, 2024 · Green Market Report

The CBD maker also extended its partnership with Major League Baseball. Charlotte’s Web (OTC: CWBHF) has been caught in a protracted sales downturn, but management is optimistic that it can still turn the tides for the once stand out CBD maker. The MLB-partnered company reported a 14.8% slide in net revenue in 2023, down to $63.2 million from 2022. Lower sales in both e-commerce and business-to-business (B2B) sectors drove the decline. While the company has been taking “multiple actions to maintain… Read more.

Fear of Flying or Anxiety over Plane Trips – How about a CBD Store at the Airport to Help Nervous Travelers?

February 9, 2024 · Cannabis.net

Miami International Airport is actively enhancing its services, with a notable initiative being the proposal to establish a CBD retail outlet. The Miami Herald reports that the airport has published plans for a "Cannabis Retail Shop," which would sell products made from hemp, especially those high in CBD. The USDA Improvement Act of 2018, which was signed into law by President Trump, legalized hemp and its derivatives on a federal level, provided that the psychoactive ingredient, delta 9 THC, was… Read more.

Dogs Given CBD See ‘Significant Reductions’ In Stress And Anxiety Related To Riding In Cars, Study Finds

January 23, 2024 · Marijuana Moment

Dogs who receive daily doses of CBD see “significant reductions” in stress and anxiety related to car travel, according to a new study. To investigate the issue, researchers at the Waltham Petcare Science Institute in the United Kingdom compared the behavioral and physiological stress response of dogs who received THC-free cannabis with a placebo group before, during and after drives. The 20 dogs involved in the study, published in the Journal of Animal Science, all exhibited signs of stress and… Read more.

Tennessee Rules Could Ban Hemp-Derived THC-A Products And Some CBD Flower

January 4, 2024 · Marijuana Moment

Tennessee lawmakers passed legislation to begin regulating hemp-derived cannabinoid products last year, banning the selling of them to those under the age of 21. But the Tennessee Department of Agriculture’s new rules submitted in December go further and attempt to curb the selling of hemp-derived cannabinoid products like THC-A and CBD flower by changing the rules around what qualifies as THC, the psychoactive ingredient most commonly found in marijuana. Tennessee law prevents any cannabinoid product containing 0.3 percent delta-9 THC… Read more.

Texas, the Honeypot of Delta-8 THC Products, Gets Ready to Go Legit? – Over 130 Medical Marijuana Licenses Filed with the State

November 20, 2023 · Cannabis.net

On January 16, the Regulatory Services Division (RSD) of the Texas Department of Public Safety (DPS) announced that officials were accepting applications for new licenses under the Compassionate Use Program (CUP) for dispensing organizations. Prospective applicants for the new medical cannabis dispensary licenses could utilize the designated RSD application form for submission. The application period ended at 5 p.m. C.T. on April 28. Individuals who had previously applied for a cannabis retail license could reapply using an updated application form.… Read more.

CBD Effectively Treats Dental Pain And Could Provide A Useful Alternative To Opioids, Study Shows

November 17, 2023 · marijuanamoment.net

The cannabis component CBD can alleviate acute dental pain and may provide an equally effective, far safer alternative to opioids, researchers at Rutgers University and the University of Texas say in newly published research. “Our results indicate that a single dose of CBD is as potent as current analgesic regimens and can manage emergency dental pain effectively,” the authors wrote in the study, published this month in the Journal of Dental Research. They said their work appears to be “the… Read more.

Avoid ‘Diet Weed,’ Johns Hopkins Expert Says

November 14, 2023 · High Times

The hemp-derived cannabinoid market is hotter than ever but experts warn that people should educate themselves about the fundamental differences between delta-8 THC and delta-9 THC products. High Times previously reported that delta-8 THC was first partially synthesized in 1941, yet there’s still a lot of controversy surrounding the ingredient, due to the way it’s extracted and converted.  Nextar reports that a Johns Hopkins School of Medicine professor and other experts want to educate people about the choices they should make with cannabis. “Chemically, they’re… Read more.

Women of Influence: Allison Krongard & Laura Eisman

November 13, 2023 · Cannabis Now

The co-founders of Her Highness, a luxurious line of couture cannabis products formulated to address women’s pain and pleasure points, Allison Krongard and Laura Eisman, sell THC pre-rolls, edibles, vapes and CBD concoctions. Her Highness also offers several covetable smoking accessories, including gold-plated grinders and lighters.  Both women have backgrounds in female-centered and innovative businesses. In 1998, Eisman founded Girlshop.com, an e-commerce site that expanded to a physical store in Manhattan’s red-hot Meatpacking District before selling to a competitor in… Read more.

Comparing Hemp and Cannabis-Derived CBD

October 29, 2023 · Cannabis Now

When browsing major US media outlets on any given day, you’ll likely find a fresh article about cannabis, if not several. Make no mistake about it: When it comes to legal weed, business is booming. Once relegated to the shadows, today the public’s appreciation and desire for the plant known scientifically as Cannabis sativa has surged to historically high levels. And, as a result, modern consumers are now being bombarded by a whole new lexicon of terms. Understanding how hemp and… Read more.

UK’s Food Safety Agency Limits CBD Intake from Food or Drink to 10mg Per Day Max – Long Term Liver or Thyroid Issues Looming?

October 20, 2023 · Cannabis.net

The UK's Food Standards Agency (FSA) has significantly reduced the recommended daily CBD intake from food products. This change follows a thorough review of a joint position paper submitted by the Advisory Committee on Novel Foods and Process and the Committee on Toxicity (COT). As per the updated guidance, the FSA now suggests a maximum daily CBD intake of 10mg, roughly equivalent to "about 4-5 drops of 5% CBD oil." This is a substantial decrease from the previous recommendation of 70mg,… Read more.

Does Cannabis Cure Postpartum Depression? One Mom Swears It Did the Trick for Her!

September 25, 2023 · Cannabis.net

Early pregnancy is rife with postpartum depression and other mood problems. We realize it's an overstatement, but those first few days, weeks, and months are HARD. Sleep deprivation, aching, leaking, or engorged breasts... throw in mental health difficulties, and you have a recipe for total exhaustion. Fortunately, there is less stigma associated with postpartum depression (PPD) than formerly. PPD is being discussed more frequently, and there is a better awareness of new parents' symptoms and many remedies. Many moms are finding success… Read more.

Would You Fire an Outstanding Employee Because They Used CBD Instead of Taking Opioids? The DEA Did!

September 17, 2023 ·

The Justice Department is standing by the Drug Enforcement Administration's (DEA) decision to terminate a "distinguished" special agent who had served for 16 years. The agent, Anthony Armour, was dismissed due to a positive THC test result after using a CBD product for pain relief, believing it to be legal hemp. In May, Anthony Armour initiated legal action against the DEA, seeking to overturn his termination on various grounds, including insufficient "substantial evidence" of his use of an illegal substance and considering his exemplary professional… Read more.

FDA, CDC And Other Federal Agencies Discuss Marijuana Research Barriers, State Legalization Models And CBD Regulations At National Academies Meeting

September 16, 2023 · marijuanamoment.net

Representatives of multiple federal agencies participated in a National Academies of Sciences, Engineering and Medicine (NASEM) meeting on Friday for a wide-ranging discussion about cannabis policy, with experts sharing their perspective on issues such as marijuana research barriers under prohibition, efforts to create a regulated pathway for CBD, state initiatives to promote social equity and more. At the NASEM Committee on Public Health Consequences of Changes in the Cannabis Policy Landscape meeting, agencies made a series of presentations to share… Read more.

Delta-8 THC, HHC, THCP are Legal, Now Illegal, Now Legal, Again – Arkansas Judge Opens Flood Gates for Hemp Derived THC Products

September 14, 2023 ·

A recent ruling by a federal judge has raised questions within the industry: Has this judge effectively legalized hemp-derived cannabinoids such as HHC, Delta-8 THC, THCa, and THCP flower? In summary, the judge in Arkansas determined that the 2018 Farm Bill holds greater legal authority than a state ban on hemp-derived cannabinoids, potentially setting a precedent for future legal actions in other states. The U.S. District Judge Billy Roy Wilson, on Thursday, issued a ruling to halt the enforcement of Act 629 of 2023, a law enacted during… Read more.

DEA Defends Firing ‘Outstanding’ Special Agent For Using CBD As An Opioid Alternative

September 11, 2023 · marijuanamoment.net

The Justice Department is defending the Drug Enforcement Administration’s (DEA) decision to fire an “outstanding” special agent after 16 years of service because he tested positive for THC after taking a CBD product for pain that he said he believed to be legal hemp. That agent, Anthony Armour, filed a lawsuit against DEA in May, seeking a reversal of the termination on several grounds, including a lack of “substantial evidence” that he used an illegal drug, as well as mitigating factors such… Read more.

Do You Get High from Smoking High-CBD, Low-THC Cannabis Flower? (One Step Above Hemp?)

August 26, 2023 · Cannabis.net

Each unique cannabis strain contains varying concentrations of cannabinoids, such as tetrahydrocannabinol (THC) and cannabidiol (CBD), alongside other compounds. Over time, cultivators and agricultural experts have dedicated themselves to cultivating distinct varieties with specific traits, often resulting in hybrids and specialized strains. Historically, the primary goal of growers has revolved around developing cannabis strains with the utmost THC levels, a mindset that persists for many. Elevated THC levels lead to potent psychoactive effects, regardless of whether the strain is categorized as sativa, indica, or… Read more.

Canadian cannabis companies back off from US hemp CBD market

August 24, 2023 · MJ Biz Daily

Back in the regulated marijuana industry’s more heady days, a U.S. hemp-derived CBD subsidiary seemed like the must-have accessory for any Canadian cannabis company worth its bud. Canopy Growth Corp. owned a hemp farm in Springfield, New York, and planned to build a $150 million industrial park in Kirkwood, New York, to produce hemp products. Aurora Cannabis bought Reliva – a Massachusetts-based producer of hemp-derived CBD products – in a $40 million deal that included potential earnouts. And Cronos Group spent hundreds of millions of… Read more.

Top Alcohol Industry Association Gives Congress Advice On Regulating Hemp Derivatives Such As CBD And Delta-8 THC

August 23, 2023 · marijuanamoment.net

As Congress considers creating a framework to oversee the nation’s cannabis market, a major alcohol association is offering federal lawmakers advice on regulating hemp-derived cannabinoids, including CBD and delta-8 THC. Wine & Spirits Wholesalers of America (WSWA)—which came out in support of federally legalizing marijuana earlier this year—sent a letter to House and Senate committees on Friday in response to the panels’ recent requests for information on navigating CBD and other emerging cannabinoids. “The transition from Prohibition to legal status for alcohol has… Read more.

Everyone is Taking CBD Gummies to Quit Smoking Cigarettes, But Does It Actually Work?

August 19, 2023 · Cannabis.net

These daily consumables have been proven to effectively combat various fitness challenges and aid in quitting smoking. CBD gummies consist of a distinctive blend of natural and organic ingredients that protect against numerous illnesses and injuries. These soft, chewable CBD candies have garnered significant attention for their remarkable efficacy and positive outcomes. Recently, health professionals have introduced CBD gummies as a natural and enduring solution to counter smoking habits and tobacco cravings. These delectable treats offer a soothing effect on the… Read more.

DEA Considers Delta-8 THC Products Federally Illegal When Synthesized From CBD, Official Says In Newly Revealed Email

August 15, 2023 · marijuanamoment.net

If there were any lingering questions about the Drug Enforcement Administration’s (DEA) position on the scheduling status of delta-8 THC, an attorney recently dug up an email from a top official that makes it perfectly clear: when synthesized from legal CBD, the agency considers delta-8 THC to be a prohibited controlled substance. The market for delta-8 products has expanded rapidly in recent years following the federal legalization of hemp and its naturally extracted derivatives like CBD. The intoxicating cannabinoid is… Read more.

Do Cannabis Creams and Rubs Work for Alopecia Patients?

August 10, 2023 · Cannabis.net

Topical Cannabis Found To Be Beneficial For Alopecia Patients Alopecia is an autoimmune disease of the skin that affects around 2% of the global population. The main symptom of alopecia is hair loss; though there are different kinds of alopecia areata, they are all characterized by hair loss of some kind. That said, hair loss will present itself differently to people with this condition. It commonly involves losing hair in the scalp and face. Alopecia areata can also be characterized by hair regrowth and loss… Read more.

Hemp-Based Delta-9 THC Products Get Me Just as High as Real Weed! – Well, That’s Because It Probably Is Real Cannabis

August 8, 2023 · Cannabis.net

A recent lab study conducted by CBD Oracle has brought alarming revelations to the forefront of the cannabis industry. According to the survey, 26% of hemp delta-9 THC products in the market are not as innocent as they claim to be. Instead of being sourced from legally compliant hemp plants, a significant portion of these products is derived from federally-illegal marijuana plants. The findings, published on August 1, 2023, have raised concerns about the safety and transparency of consumer hemp products. The Regulatory Conundrum… Read more.

Latest Luxury CBD Beauty Products

August 8, 2023 · Cannabis Now

Today, August 8, marks National CBD Day, a day where CBD enthusiasts can take an extra moment to appreciate this special cannabinoid that’s gained so much popularity over the past five or so years. With CBD’s wide range of applications, you can get creative with how you choose to celebrate its existence. As a beauty and skincare expert, I personally am showing up for this “holiday” by spending a little extra time on my self-care routine, which incorporates some of… Read more.

Bipartisan Senate And House Lawmakers Seek Expert Input On CBD Regulations As FDA Faces Pressure To Act

July 29, 2023 · marijuanamoment.net

Bipartisan leaders of key House and Senate committees are soliciting information from experts about best practices for developing a regulatory framework for CBD. As the Food and Drug Administration (FDA) continues face pressure to create rules so that the hemp-derived cannabinoid can be lawfully marketed as food items or dietary supplements, bipartisan lawmakers have put out a Request for Information (RFI) to gather relevant information from subject matter experts. The chairs and ranking members of the Senate Health, Education, Labor,… Read more.

Congressional Committee Addresses FDA Inaction On CBD Regulations At Hearing

July 28, 2023 · marijuanamoment.net

A first-of-its-kind congressional committee hearing took place on Thursday, with lawmakers examining the impacts of Food and Drug Administration (FDA) inaction on developing regulations to allow for the sale of hemp-derived CBD as food items or dietary supplements. The House Oversight and Accountability Subcommittee on Health Care and Financial Services announced the scheduling of the hearing—titled “Hemp in the Modern World: The Years long Wait for FDA Action”—last week. “FDA announced earlier this year that it’s needs a new regulatory framework… Read more.

Bipartisan Federal Proposal Seeks to Update Hemp-Derived CBD Rules

July 27, 2023 · Ganjapreneur

A group of federal lawmakers last week introduced bipartisan, bicameral legislation aimed at updating federal hemp rules to ensure hemp-derived CBD products are regulated by the U.S. Food and Drug Administration (FDA) like other legal products used in dietary supplements, foods, and beverages.   In a press release, the lawmakers – Senators Ron Wyden (D-OR), Rand Paul (R-KY), and Jeff Merkley (D-OR) and Rep. Earl Blumenauer (D-OR) – said the Hemp Access and Consumer Safety Act “is essential to protecting consumer safety and treating hemp producers fairly.”  The legislation… Read more.

Curating a Natural Wellness Approach with CBD Kratom

July 17, 2023 · Cannabis Now

The new and continuing science of plant-derived substances like cannabis, hemp and kratom is providing a market of products that goes beyond traditional dispensary options. What if there was a one-stop resource to learn and shop quality, plant-based products that meet your unique health and wellness needs? Enter CBD Kratom, the largest privately-owned CBD and kratom retailer in the US. With over 60 retail locations and an online dispensary shop, CBD Kratom is committed to helping customers lead healthy and fulfilling lives… Read more.

Meta Allows CBD Advertising

July 16, 2023 · MG Magazine

Hemp and CBD product manufacturers and sellers are blocked from three fewer advertising channels after Meta Platforms Inc.—parent company of social media platforms Facebook, Instagram, and Threads—updated its advertising policies. But don’t get too excited. Significant restrictions still apply. Under the new policy, advertisers need written permission from Meta to promote or sell noningestible CBD products that contain less than 0.3 percent THC. Products containing more THC than allowed under federal law, those with psychoactive properties (i.e., delta-8), and ingestibles (edibles, tinctures, capsules,… Read more.

NFL Is Putting More Money Into Research On CBD As An Opioid Alternative For Players With Concussions

June 23, 2023 · marijuanamoment.net

The National Football League (NFL) and its players union announced on Thursday that they are jointly awarding another round of funding to support independent research on the therapeutic benefits of CBD as a pain treatment alternative to opioids for players with concussions. A total of $526,525 is being granted for two studies, including one that will be led by the American Society of Pain and Neuroscience (ASPN) to explore cannabidiol and non-invasive vagal nerve stimulation (nVNS) as alternative treatments for… Read more.

CBD Discovered in Very Common Plants in Brazil – No Legal Restrictions on Production or Distribution Now?

June 22, 2023 · Cannabis.net

Researchers from the Federal University of Rio de Janeiro (UFRJ) have made a significant discovery in Brazil. They have found cannabidiol (CBD), a compound found in cannabis, in a common Brazilian plant. This finding presents new possibilities for producing CBD, which is becoming increasingly popular. The scientists have specifically identified a native Brazilian species called 'Trema micrantha (L.) Blume', which belongs to the 'Cannabaceae' family. This shrub, often regarded as a weed, is widely distributed throughout South America and contains only… Read more.

Keeping a CBD Brand Relevant with and without Federal Guidance

June 16, 2023 · MG Magazine

Herndon, USA - May 7, 2020: Inside Sprouts farmers market grocery store shop with retail display of SoulSpring CBD cannabidiol oil infused botanical products, muscle rub spray and roll-on

High prices and a lack of noticeable effects have stopped nearly 20 percent of consumers from continuing their cannabidiol (CBD) regimen. However, savvy brands are still finding ways to attract new customers in an environment plagued by regulatory uncertainty that makes it difficult to plan for the future with confidence. Brightfield Group’s recent market research report, Striving to Thrive in U.S. CBD, dives into two forecast possibilities for the industry: one with increased federal guidance and regulation, and one without. While… Read more.

Budtender Diaries: A pocket dictionary of cannabinoids

June 8, 2023 · Tucson Weekly

Cannabinoids are a beautifully fundamental aspect when it comes to consuming cannabis. There are more than 100 known cannabinoids — naturally occurring compounds within the cannabis plant. A handful of major players are found in commercial cannabis products. In the human body, cannabinoids interact with cannabinoid receptors, also referred to as the endocannabinoid system (ECS). The ECS is a complex and important network that works to help regulate pain, appetite and even inflammation. When cannabinoids are used in conjunction with… Read more.

Hulk Hogan Launching Cannabis And Mushrooms Brand, Says CBD Makes Him Feel 25 Again

May 25, 2023 · Yahoo!Entertainment

Hulk Hogan is following Ric Flair and Mike Tyson into the cannabis business, brother. WWE Hall of Famer Hulk Hogan was a recent guest on TMZ Sports to discuss a wide variety of subjects. When talking about all of the injuries he’s been through in his career, Hogan revealed that CBD and THC have him feeling better than he’s felt in a very long time. “I always joke about I didn’t get the memo that this stuff was ‘fake’ and after the 10 back… Read more.

DEA Official Says New Rules Are Coming For Synthetic Cannabinoids, Including CBD And Delta-8 THC

May 17, 2023 · marijuanamoment.net

The Drug Enforcement Administration (DEA) will soon be proposing new rules to clarify that synthetically manufactured cannabinoids like delta-8 THC are prohibited controlled substances. At the agency’s 2023 Supply Chain Conference earlier this month, Terrance Boos, chief of DEA’s Drug and Chemical Evaluation Section, said that officials have received “multiple petitions” on the issue and are “in the process of modifying our ” on cannabis constituents based on recommendations from the U.S. Department of Health and Human Services (HHS). One… Read more.

Charlotte’s Web Maintains Strong Gross Profit Margins Amid Net Revenue Decline

May 12, 2023 · Green Market Report

There was a 57.7% improvement in the adjusted EBITDA loss over the year. Hemp-based CBD giant Charlotte’s Web Holdings, Inc. (TSX: CWEB) (OTCQX: CWBHF) reported its first-quarter financial results on Thursday ending March 31, 2023. Despite a 12.1% year-over-year fall in net revenue, the company managed to reduce operating expenses by 14%, ending with a solid $61 million cash balance. The financial review for the quarter painted a nuanced picture. While consolidated net revenue was $17 million, down 12.1% from $19.4 million… Read more.

US hemp plantings plummet in 2022 as production shifts to northern states

May 9, 2023 · MJ Biz Daily

Hemp plantings in the United States were nearly cut in half in 2022, with 28,400 acres dedicated to growing the plant – slightly more than the acreage set aside for Christmas trees. Put another way, at 44.4 square miles, outdoor and indoor hemp cultivation in the U.S. would fit almost entirely on Hilton Head Island, the beach and golf resort area off the coast of South Carolina. Or, for Mickey Mouse fans, most of the nation’s hemp could be grown… Read more.

Border Patrol Agents—And Their Family Members—Warned To Just ‘Say No To CBD’ Due To Concerns About Unregulated Products

May 8, 2023 · marijuanamoment.net

“Say no to CBD,” federal Customs and Border Protection (CBP) is telling its workers—and their family members. The agency recently published an overview of issues related to the non-intoxicating cannabinoid, warning that CBD products remain unregulated and may contain concentrations of THC that could show up in a drug test. CBP isn’t technically prohibiting workers from using hemp-derived CBD products, which were federally legalized under the 2018 Farm Bill, but it’s strongly urging border patrol agents to abstain as a… Read more.

High times: How Texas stumbled into a legal cannabis market and what it could mean for pot

May 5, 2023 · Yahoo!News

Walk into a gas station or smoke shop and you’ll see them on the shelf, packaged in colorful boxes with flavors like fruity pebbles, magic mango and grape ape gusher. Like marijuana, these cannabis-based products deliver a high. But unlike marijuana, these products are legal in Texas, thanks to laws that allowed the cultivation of hemp. Strawberry flavored gummies are for sale in a smoke shop walking distance from Pascal High School. Sticky amber-colored oil for vaping with a pineapple scent sits… Read more.

Why Is The Czech Republic Banning CBD Products?

May 5, 2023 · Ganjapreneur

Policymakers in the Czech Republic recently expressed a strong desire to legalize cannabis for adult use, building on the momentum occurring across the border in Germany. Germany is trending towards adult-use legalization and the Czech Republic has expressed its own plans for legalization. However, the Czech Republic’s Ministry of Agriculture recently announced that it will be instituting new restrictions on CBD products, which is leaving many international cannabis observers scratching their heads. “The State Agricultural and Food Inspection … is… Read more.

UK-based CBD brand Naturecan acquires Oregon production facility

April 27, 2023 · MJ Biz Daily

United Kingdom-based CBD and wellness brand Naturecan acquired the IAH Oregon cannabidiol production facility in the U.S. for 8 million pounds (roughly $10 million). Naturecan did not specify how it would satisfy the price of the acquisition. IAH Oregon, headquartered in Medford, previously produced the CBD used in Naturecan products, according to a news release issued Wednesday. “Now Naturecan will ramp up production of its global supplies of CBD oils, snacks, protein supplements, vitamins and balms as well as supplying… Read more.

USDA Report Shows Major Decline For Hemp Industry In 2022, With Stakeholders Blaming FDA ‘Inaction’ On CBD

April 24, 2023 · marijuanamoment.net

The hemp industry took a major plunge in 2022, a new report from the U.S. Department of Agriculture (USDA) shows, and stakeholders say the Food and Drug Administration’s (FDA) refusal to issue regulations for CBD products is largely to blame. USDA’s National Hemp Report shows significant losses in the value and cultivation of the non-intoxicating cannabis crop across every metric that it analyzed for 2022. Last year, “the value of hemp production in the open and under protection for the United States… Read more.

Congressional Committee Launches Investigation Into FDA’s Decision Not To Regulate CBD

April 19, 2023 · marijuanamoment.net

A Republican congressional committee chairman is demanding that the Food and Drug Administration (FDA) turn over documents relating to the agency’s decision not to regulate CBD products. Rep. James Comer (R-KY), chair of the House Oversight and Accountability Committee, sent a letter to FDA Commissioner Robert Califf on Monday, announcing an investigation into the agency’s decision and criticizing the “insufficient rationale for inaction” on CBD regulations. FDA said in January that, after years of review since hemp and its derivatives… Read more.

Chicago Cubs Are First MLB Team to Partner with CBD Brand

April 11, 2023 · Ganjapreneur

Baseball on the field

The Chicago Cubs are expected to be the first Major League Baseball (MLB) team with a CBD sponsor and sell CBD drinks at its stadium, Front Office Sports reports. The Cubs are working with Chicago, Illinois-based MYND Drinks on the partnership, which received the NSF Certified for Sport designation required to work with MLB teams. MLB, in June 2022, approved plans to allow teams to work with CBD brands. In October, the league named Charlotte’s Web the “Official CBD of… Read more.

Virginia Gov. Proposes CBD Carveout for Crackdown on Hemp-Based THC Products

March 31, 2023 · Ganjapreneur

Virginia Gov. Glenn Youngkin (R) is proposing a CBD carveout to a proposed state law that would enact strict regulations on hemp-derived THC products, the Virginia Mercury reports. Under the governor’s plan, hemp products that contain a 25:1 ratio of CBD to THC would not be affected by the broader hemp industry reforms being considered by lawmakers.   Youngkin spokeswoman Macaulay Porter told the Mercury on Tuesday that the amendment continues the governor’s “efforts to crack down on dangerous THC intoxicants including synthetic products such as… Read more.

Drug that could nip America’s fentanyl crisis in the bud: Cannabis compound can help reverse overdoses from the synthetic opioid, study shows

March 28, 2023 · Daily Mail

A chemical found in cannabis could be the most effective way to prevent an opioid overdose, scientists believe. Scientists at Indiana University have identified 15 chemicals derived from cannabidiol (CBD) — one of the primary compounds in cannabis — that can reverse the deadly impact drugs such as fentanyl can have on the brain. They found that it was even more effective than Narcan, designed to combat these type of overdoses, at stopping fentanyl in the brain. The finding could be a… Read more.

N.J. will allow more legal weed companies to grow cannabis to boost slowly growing market

With New Jersey’s legal marijuana market off to a slow start, state officials announced Wednesday they would eliminate the cap on the number of companies allowed to grow weed and make $10 million in grants available to people opening a cannabis business who have been convicted of marijuana offenses or come from poor communities. The state Cannabis Regulatory Commission agreed to let lapse the 37-license limit on cultivators, a rule that would have expired later this month. New Jersey is nowhere near that… Read more.

The Marijuana Industry Goes from Bad to Worse – FDA Will Not Approve CBD Regulations and Will Work With Congress Someday On It

February 1, 2023 · Cannabis.net

As if the marijuana industry isn't reeling enough with $75 ounces in multiple states, NASDAQ listed Akerna going under, and MSO Curaleaf pulling out of competitive markets like California and Colorado, more bad news hits the industry, this time, on the government side. It is devastating news for those who love CBD products. The Food and Drug Administration has declared that these items, made from cannabis or hemp, may not comply with federal safety regulations. These safety regulations will affect a… Read more.

FDA Will Not Issue CBD Regulations, Plans to Work with Congress Instead

January 27, 2023 · Ganjapreneur

The Food and Drug Administration on Thursday denied three petitions to allow the marketing of CBD products as dietary supplements and said that the agency would “work with Congress” on a regulatory pathway for the cannabinoid.  The statement was issued by Principal Deputy Commissioner Dr. Janet Woodcock.  Woodcock said the decision would allow policymakers to develop “a new regulatory pathway for CBD … that balances individuals’ desire for access to CBD products with the regulatory oversight needed to manage risks.”  Woodcock also said there… Read more.

FDA’s inaction on CBD regulations means more marijuana questions for Congress

January 27, 2023 · MJ Biz Daily

The U.S. Food and Drug Administration’s announcement Thursday that it won’t regulate products containing CBD and will instead pass that buck to Congress means the preservation of the current, uneasy status quo for now. It will also mean more work for an increasingly fractious Congress – and further uncertainty for companies deciding whether to enter the $4 billion-plus CBD business.  In addition to grappling with broader marijuana policy reform – including access to banking, tax relief and the question of federal… Read more.

FDA Says CBD Still Can’t Be Dietary Supplement

January 26, 2023 · Green Market Report

The agency called on Congress to develop a better regulatory framework for CBD The U.S. Food and Drug Administration this week announced that it would deny a trio of petitions that requested authorization for cannabidiol (CBD) to be used as a dietary supplement. The agency also advised that Congress needs to establish a better regulatory framework before such a classification is allowed. Based on existing research and data, the FDA found that the current standards for adding supplements to foods or beverages… Read more.

CBD Slows the Aging Process Says a New Study, So When Should You Start Taking It?

October 18, 2022 · Cannabis.net

Why It Isn’t Too Early To Use CBD For Preventing The Detrimental Effects Of Aging Realizing that you’re getting old can be a tough process. For some, it comes with cracks and pains with even the slightest movements. For others, it’s the sign of wrinkles where taut skin once was, and the lack of energy. We all want to age as gracefully as possible, but it’s harder than it sounds. After all, how do we fight gravity and time? While… Read more.

MLB Makes Charlotte’s Web ‘Official CBD of Major League Baseball’

October 13, 2022 · Ganjapreneur

Major League Baseball (MLB) is partnering with Charlotte’s Web Holdings Inc. in an exclusive multi-year deal to make the brand the “Official CBD of Major League Baseball,” CNBC reports. It is the first deal between a CBD company and one of the four major U.S. professional sports leagues.   MLB announced in June it would allow teams to begin selling sponsorships to CBD brands. Previously, only Ultimate Fighting Championship (UFC) and NASCAR allowed CBD sponsorships. Under MLB rules, all products considered for sponsorships must first pass… Read more.

A Beginner’s Guide to Functional Mushrooms and CBD

October 7, 2022 · Thrillist

Mushrooms are having a moment. Well, perhaps much more than a moment. Foraging for fungi is an ever-popular pastime. As more folks go meat-less, they’re turning to the little forest sprouts for sustenance. We’re even seeing them in cocktails. And as states and cities decriminalized psilocybin, the psychedelic compound naturally produced by hundreds of fungi, more people are learning how they might benefit from hallucinogenic therapy. In the wellness world, functional mushrooms are showing up everywhere.​ This group of 15 ’shrooms within the estimated 2,000 edible species… Read more.