Senator McConnell and Commissioner Quarles Announce Hemp Legislation

Senator McConnell plans to introduce the bill in the Senate, with Senator Rand Paul and a bipartisan group of members, following this state work period.

KENTUCKY: U.S. Senate Majority Leader Mitch McConnell (R-KY) and Kentucky Commissioner of Agriculture Ryan Quarles (R-KY) announced today the impending introduction of legislation in the United States Senate to support Kentucky’s hemp industry. The Hemp Farming Act of 2018 will legalize hemp as an agricultural commodity and remove it from the list of controlled substances.Senator McConnell Read the full article…

Aurora Cannabis Increases Stake In Hempco To 35%

This amended license brings the Company one step closer to increasing its global presence as the prominent industry leader in cannabis innovation, production, and distribution of high-demand cannabis strains.

CANADA: Aurora Cannabis and Hempco Food and Fiber announced that Aurora has exercised 10,558,676 warrants to purchase common shares of Hempco for total proceeds of $4.3 million to Hempco. Consequent the warrant exercise, Aurora now owns 21,117,352 Hempco common shares, reflecting an ownership interest of approximately 35%. “With this further investment by Aurora we are now very well capitalized Read the full article…

HempMeds Exhibits At First-Ever SXSW Wellness Expo in Austin, TX

SXSW Wellness Expo in Austin, TX, on March 10-11.

CALIFORNIA: Medical Marijuana Inc subsidiary  has announced that it will be exhibiting at the first-ever SXSW Wellness Expo in Austin, TX, on March 10-11. The SXSW Wellness Expo, which will take place at the Palmer Events Center, is the first time the festival has ever hosted an exhibition focused on fueling the mind, body and soul. The two-day exhibition will not only feature Read the full article…

Top Factors Driving the Global Hemp-Based Foods Market

Top Factors Driving the Global Hemp-Based Foods Market

GREAT BRITAIN: Technavio market research analysts forecast the global hemp-based foods market to grow at a CAGR of above 24% during the period 2018-2022, according to their latest report. This market research report segments the global hemp-based foods market into the following product type (hemp seed-based foods, hemp protein-based foods, and hemp oil-based foods) and key regions (the Americas, APAC, and EMEA). Technavio Read the full article…

Study: Artisanal CBD Preparations Associated With Reduced Seizure Activity In Epileptic Children

CBD is big business

TENNESSEE: Cannabidiol administration is associated with a significant reduction in seizure frequency in patients with drug-resistant pediatric epilepsy, according to data published in the journal Epilepsy & Behavior. Vanderbilt University researchers retrospectively assessed the impact of the adjunctive use of grey-market CBD products in a cohort of 108 children with refractory epilepsy. Authors reported: “The addition of CBD resulted Read the full article…

FDA Grants ‘Priority Review’ Of Plant-Derived CBD Extract

If Epidiolex achieves FDA-approval, analysts suggest the product could retail for between $30,000 to $60,000 annually.

DISTRICT OF COLUMBIA: Representatives of the US Food and Drug Administration will undertake a ‘priority review‘ of data specific to the safety and efficacy of Epidiolex, a standardized, plant-derived CBD extract formulated by a British pharmaceutical company. The review is scheduled to be completed by June 27, 2018. Phase III clinical trial data shows that Epidiolex Read the full article…

Arkansas Plant Board Holds Historic First Hemp Meeting

Arkansas State Plant Board

ARKANSAS: The Arkansas State Plant Board (ASPB) embarked upon two historic firsts for the state on Tuesday. After eighty years of prohibition, the ASPB held the first meeting of the Industrial Hemp Committee where the committee voted on and passed a draft of proposed regulations. These historic firsts mark the beginning of the Arkansas Industrial Hemp Read the full article…

HempMeds Wins Product Registration Hearing In Puerto Rico, Begins Selling First-Ever Approved Nutraceutical Product

HempMeds wins approval to sell RSHO in PR

CALIFORNIA: Medical Marijuana, Inc., the first publicly traded cannabis company in the United States, has announced that its subsidiary HempMeds had its product registrations affirmed in Puerto Rico, enabling the company to continue selling its CBD hemp oil products freely throughout the U.S. territory. This major milestone marks another historic first for RSHO as the first and only legally registered cannabis Read the full article…

The Wink In Weed: Eating High On The Healing Hog (And Heifer)

Move over Slim Jim

Anyone paying attention knows that Slim Jim has lots of company on the grocery store shelves these days.  Jerky and meat snacks — high in protein, low in calories – are gaining popularity as a healthy snack alternative to greasy potato chips.  In fact, Nielsen research company reports that Americans consumed more than $2.8 billion Read the full article…

World Health Organization: CBD Should Not Be Subject To International Drug Controls

hemp CBD oil

SWITZERLAND: Use of the naturally occurring cannabinoid CBD (cannabidiol) possesses no likely abuse potential and should not be subject to international drug scheduling restrictions, according to recommendations issued this week by the World Health Organization’s (WHO) Expert Committee on Drug Dependence. Stated WHO: “Recent evidence from animal and human studies shows that its use could have some therapeutic value for seizures due Read the full article…