OLCC Notice of Public Hearing On Industrial Hemp Jan 15, 2018

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Notice of Proposed Rulemaking, including Statement of Need and Fiscal Impact   OLCC news OREGON: Division 25 of Chapter 845 of the Oregon Administrative Rules sets forth the privileges and prohibitions for licensees and permittees of the Commission regarding the recreational cannabis market. The revisions within this package were made to implement the changes made Read the full article…

Illinois Releases Proposed Industrial Hemp Regulations

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ILLINOIS: Proposed rules for the regulation of industrial hemp production and processing were published today in the Secretary of State’s Illinois Register. Illinois Department of Agriculture (IDOA) staff have been busy drafting those proposed rules since Governor Rauner signed the Industrial Hemp Act into law in August. This new law allows individuals or corporations licensed Read the full article…

Level Brands Closes Acquisition Of cbdMD

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Purchase Price Sets Revenue Targets At $300 Million Within Five Years NORTH CAROLINA: Level Brands announced today that it has closed its acquisition of Cure Based Development, the owner of the nationally recognized consumer brand cbdMD in an all-stock transaction. cbdMD is a consumer products brand offering a large selection of cbdMD branded CBD products Read the full article…

OLCC Commissioners Adopt Marijuana Rule Changes, Adjustment For Current Hemp Producers & Processors

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Commission Also Approves Stipulated Settlements for Recreational Marijuana Violations, Revokes Marijuana Worker Permit OREGON: The Oregon Liquor Control Commission at its December 20, 2018 meeting adopted changes in rules regulating recreational marijuana with a focus on tightening licensing and compliance requirements, providing licensees flexibility to conduct business, and improving access to medical marijuana for patients. Under Read the full article…

New MJBA PSA Reminds Us: Everything Plastic Can Be Made From Hemp

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NEVADA: The Marijuana Business Association (MJBA), a leading national cannabis business organization and publishers of this website, today launched a national PSA campaign to raise awareness among industry professionals of the many uses of hemp, particularly as an alternative to eco-unfriendly plastics. “Everything plastic can be made from hemp” reads the headline of the series — Read the full article…

Farm Bill Provisions Lifting Federal Hemp Ban Become Law

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DISTRICT OF COLUMBIA: President Donald Trump today signed legislation into law that includes language lifting the United States’ decades-long prohibition on domestic, commercial hemp production. The provisions were included within The Agriculture Improvement Act of 2018 (aka ‘The Farm Bill’), which takes effect on January 1, 2019. “The significance of this law change should not be underemphasized,” NORML Read the full article…

FDA Statement Statement From FDA Commissioner Scott Gottlieb, On Signing Of The Agriculture Improvement Act And The Agency’s Regulation Of Products Containing Cannabis And Cannabis-derived Compounds

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DISTRICT OF COLUMBIA: Today (December 20, 2018), the Agriculture Improvement Act of 2018 was signed into law. Among other things, this new law changes certain federal authorities relating to the production and marketing of hemp, defined as cannabis (Cannabis sativa L.), and derivatives of cannabis with extremely low (less than 0.3 percent on a dry Read the full article…

Tilray Signs Letter Of Intent For Hemp-Derived CBD From The U.S. And Canada

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CANADA: Tilray, a global leader in cannabis research and production, announced the terms of a binding letter of intent to purchase hemp-derived CBD isolate from LiveWell Canada, which will be sourced from the United States and Canada and utilized for distribution of Tilray-owned wellness and medical products across North America. The LOI outlines that LiveWell will supply Read the full article…

SwissX And Convenience Store Empire Launch Luxury CBD Takeover Of Southern California

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The luxury CBD oil and confectionary company’s products just got even easier to find, with hundreds of new distribution points in Kohanoff Affiliated gas stations across Southern California CALIFORNIA:  Swissx Oil & Confectionery and Kohanoff Affiliated have launched a partnership to distribute Swissx CBD products in over 500 convenience stores and gas stations across the Southern California region. Swissx Read the full article…

Integrated Cannabis Solutions To Purchase 200-Acre Farm In Wisconsin

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FLORIDA: Integrated Cannabis Solutions  has agreed to purchase the 200 acre farm the test grow is being planted on, after a successful harvest of the 20 acres. The purchase of the farm will give Integrated a solid real estate Asset on the books. The parties have agreed on a purchase price of $1,500,000 for the property Read the full article…