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European CBD Sales: Securing a Novel Food Authorization

Canna Law Blog

Last year, the European Union reclassified extracts of Cannabis sativa L. The reclassification was based on the lack of demonstrated history of human consumption of these extracts and of any product to which they might be added.

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Nevada: Cannabis to overtake mining in state tax revenue on approx 20% of revenue

Cannabis Law Report

While Nevada’s marijuana licensing scheme was designed to favor business interests with a history of local investment, licenses are being gobbled up by foreign and multi-national corporations, according to ownership records from the state. In 2011, mining made up 4.4 billion in 2019 and shatter the $40 billion mark by 2024.

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Pro Snowboarder and Film Maker Travis Rice Partners with Leading CBD Brand, HempFusion

Cannabis Law Report

From the Twist products in my smoothies to the to the Liquid Hemp Extract before bed, for years HempFusion’s products have supported my training and lifestyle. The Company is engaged in the advancement of therapeutic benefits of industrial hemp extract and striving to maintain the highest level of compliance in the industry.

CBD 40
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CBD Ban: Brits Take Up Fight And Send Lawyers To Brussels

Cannabis Law Report

In the case of CBD, this includes extracts, oils and other derived products that are intended for ingestion by humans. They are taking issue with the change by the EU in its submission for the term ‘cannabinoids’ states: “Extracts of Cannabis sativa L.

CBD 87
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Searching for the origin of Blue Dream marijuana strain

SpeedWeed

It’s a power fueled by the botanists, outlaws, and activists who gave the small, liberal surf city of Santa Cruz, California, an outsize role in shaping the history of cannabis. It was one of the first strains to be extracted by the major California brand AbsoluteXtracts, said James Rowan, director of major brands. David Downs/Leafly).

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Alterman Opinion Suggests Cannabis Businesses Apply Double Diligence In Records Keeping

Cannabis Law Report

Alterman involved income tax deficiencies and penalties asserted by the IRS for 2010 and 2011 against individual taxpayers who owned and operated a small Colorado cannabis dispensary. The individual taxpayers had filed joint returns for 2010 and 2011 in which they reported the income from their cannabis dispensary. Memo 2018-83.

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The Plant, the Whole Plant & Nothing But the Plant

Project CBD

A 2011 study published in Nature Neuroscience states: “Nutritional omega-3 deficiency abolishes endocannabinoid-mediated neuronal functions.” The Root of the Matter Practitioners of traditional Chinese medicine also used an extract from raw cannabis roots to treat infections and to help women during childbirth.