This week, the New York Cannabis Growers & Processors Association is urging the state department of health to create a framework regulating the cannabidiol (CBD) industry, adding to a broader national push for industry regulations. Meanwhile, Texas hemp producers are preparing to focus on the fiber and grain industries in the state by bolstering the industries and conducting research this year.
Here are this week’s headlines you might have missed.
Colorado: Charlotte’s Web has completed its previously announced acquisition of Abacus Health Products Inc., a producer of over-the-counter topical products that combine active pharmaceutical ingredients with hemp extract. Read more
Meanwhile, the Stanley Brothers, the creators of Charlotte’s Web, have released a new brand of low-THC products called ReCreate. In tandem with the product launch, the company also announced a COVID-19 Relief program for members of the cannabis industry. Read moreDelaware: AgroRefiner LLC has announced it has begun commercial operation of the first phase of a commercial scale, ethanol-based cannabidiol CBD extraction facility. Read more
Minnesota: The Minnesota Hemp Farmers and Manufacturers Association recently conducted a study on CBD products in Minneapolis and found that 64% had CBD content that deviated significantly from what was indicated on the label, and 33% tested positive for pesticides or heavy metals. The group is now forming a CBD retail and consumer safety committee. Read more
New York: The New York Cannabis Growers & Processors Association is pushing for the state department of health to create regulations that would create a legal framework for hemp growers and CBD businesses. Read more
Texas: Panda Biotech and Texas A&M AgriLife Extension are using 2020 as a trial run to bolster the fiber and grain hemp industries in the state as interest from farmers moves away from CBD and toward more industrial varieties. Read more
