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The Brightfield Group’s 2020 Mid-Year US CBD Update

CannaTech

In the first half of 2020, CBD companies are experiencing a loss in revenue due to store closures and consumer concerns about Coronavirus and their finances. Shelter-at-home policies paused hemp-derived CBD (cannabidiol) sales through many brick-and-mortar retailers that were temporarily shuttered in March. COVID-19 Impact.

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The Week in Weed: May 22, 2020

The Blunt Truth

And finally, you can now buy hemp at Petsmart. For now, the hemp extract is available in Colorado, Indiana, Kentucky, Oregon, and Tennessee, but there are plans to expand by the summer. Arizona and Nebraska legalization efforts are hit by the pandemic. massachusetts. Recreational shops, however, had to close. and finally.

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FDA Publish Article “5 Things to Know about Delta-8 Tetrahydrocannabinol – Delta-8 THC”

Cannabis Law Report

Delta-8 tetrahydrocannabinol, also known as delta-8 THC, is a psychoactive substance found in the Cannabis sativa plant, of which marijuana and hemp are two varieties. As a result, concentrated amounts of delta-8 THC are typically manufactured from hemp-derived cannabidiol (CBD). . synthetic conversion). synthetic conversion).

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NIST and FDA May Be the Cannabis Quality Assurance Heroes We Need

Canna Law Blog

To date, it’s truly been “buyer beware” outside of states putting together their own protocols on things like recalls, packaging and labeling safety standards, quality assurance reviews, and testing. CBD testing, packaging, and labeling is no consumer safety picnic either. 3% THC in line with the 2018 Farm Bill.

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Hollister Biosciences Inc. Reports First Quarter 2021 Financial Results

Cannabis Law Report

million in the first quarter of 2020 and up 97% sequentially from $11.7 million in the fourth quarter of 2020. million in the first quarter of 2020. million in the first quarter of 2020. Arizona is one of the largest medical marijuana markets in the world with over $1B in 2020 sales. 2,153,479).

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Charlotte’s Web Has New COO

Cannabis Law Report

Mar 30, 2020, 09:07 ET . Market Leading Hemp-Derived CBD Brand Enters into Next Phase of Growth and Expansion. is the market leader in the production and distribution of innovative hemp-derived cannabidiol (“CBD”) wellness products. Charlotte’s Web Holdings, Inc. . Charlotte’s Web Holdings, Inc.

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GreenMarket Report: Charlotte’s Web Lowers Guidance As Expenses Skyrocket

Cannabis Law Report

The company did say that the rising expenses were “to support the Company’s growth and transition to a consumer-packaged goods operating company. The revenue breakdown was as follows: Human consumables, topicals, and pet products grew by 43.6%, 156.7%, and 57.5%, respectively. Pets Performing. and accounted for 51.2%

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