CBD

Schwazze (OTCMKTS: SHWZ) is on a buying spree.  The Denver-based company, formerly known as Medicine Man Technologies Inc., recently took over 14 Star Buds locations in Colorado. Schwazze CEO Justin Dye gave us a heads up that the deal was in the works during a fireside chat at Benzinga...

Canopy Growth Corp (NYSE: CGC) hosted a virtual investor meeting Monday to discuss the COVID-19 impact and business strategies. Canopy Growth's share price has shown stable growth over the last three months. In April, the stock was trading around $13; it's now trading at the $17 level...

When Charlotte's Web Holdings Inc. (OTC: CWBHF)(TSX: CWEB) agreed to buy Abacus Health Products Inc. (CSE: ABCS) in March, expectations were high. "Abacus is a market-leading player in OTC topical products combining active pharmaceutical ingredients with hemp extract," Charlotte's...

CbdMD Inc (NYSE: YCBD) was in-line with analyst expectations as the company confirmed April sales remained flat during March. Management’s guidance of a 40% decline in operating expenses in the June quarter and confirmation of cbdMD being on track to reaching positive cash flows by yearend...

Canadian-based CBD and THC extraction company Nextleaf Solutions Ltd. (OTC: OILFF)(CSE: OILS) expanded its intellectual property (IP) collection with the issuance of new patents. What Happened The recently issued patents expand Nextleaf's portfolio, which includes 24 additional issuances, with...

By Anthony Noto and Javier Hasse. These days, investors are freezing up, and funding rounds are either getting delayed or canceled. So when Omura confirmed that former Canopy Growth (NYSE: CGC) CEO and founder, Bruce Linton, took part in the company's recent $5 million venture capital...

By Sylvia Muñoz Campo Unlike previous anti-drug campaigns and the stigma surrounding cannabis, more people are joining the industry for its enormous potential. We are shifting from seeing cannabis enthusiasts as hippies, Rastafarians and criminals — among other typical...

iHemp’s Blain Becktold makes predictions for industrial hemp production in Michigan in 2020 and tells farmers they should consider adding hemp to their fields. Image Sourced from Pixabay

Dan Bilzerian, an entrepreneur, Instagram influencer and former U.S. military service member, formally launched IGNITE Vodka, the newest premium beverage in the Ignite International Brands Ltd (OTC: BILZF) family of products, at a Valentine's Day-themed party Thursday.  IGNITE is a...

By Jelena Martinovic. High Grade Hemp Seed, a provider of high-CBD hemp seeds, said Monday that it's releasing Matterhorn CBG, a new, boutique CBG-rich cultivar from Europe, worldwide.  The company said it teamed up with Swiss Cannabinoid, a researcher and developer of cannabis sativa...

The number of licensed cannabis businesses has begun to plateau as the industry nears saturation, and operators attain efficiency and scale. Among licensed businesses, medical cultivation facilities saw the steepest decline while adult-use processors saw the highest rate of growth in the three...

By Jelena Martinovic. Hemp-based CBD pet products will represent 3-5% of all hemp CBD sales, with conversion rates of 37%, according to a new report from Nielsen Holdings PLC (NYSE: NLSN) and Headset, a provider of analytics service for the cannabis industry. The U.S. consumer packaged...

By Beau Whitney, Vice President and Senior Economist, New Frontier Data Given widespread interest, investment, and issues in hemp since the 2018 Farm Bill legalized the plant for nationwide U.S. production for the first time in decades, public comment was bound to be vigorous. By the time that the...

Q: I have seen several recent reports of Native American tribes getting involved with hemp; can you explain the connection or any industry advantage? A: As you noted, various players have been active lately. Last week the United States Department of Agriculture (USDA) approved regulatory plans for...

By Will Sumner, Hemp Content Manager, and Beau Whitney, Senior Economist, New Frontier Data Were the past harvest season not turbulent enough for American hemp farmers, a new obstacle to success looms in the pursuit of standards and testing: A general and widespread lack of DEA-approved testing...