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CBD Appeals To Business, Thanks To Benefits

CBD is definitely having its moment in the sun, thanks to the benefits the compound is believed to bestow upon users. In one recent development, former Denver Broncos running back Terrell Davis has teamed with Defy on a CBD-infused sports drink. The two-time Super...

Investors Get Into Cannabis

Celebrities such as Willie Nelson and Snoop Dogg have long worked to build legal cannabis businesses and investments. Now, the allure of legal cannabis is becoming broader, and drawing in everyone from former NFL stars to professional venture capitalists. According to...

Attorney General Nominee Won’t Prosecute Cannabis Companies

President Donald Trump's Attorney General nominee William Barr told Senators last week that he wouldn't prosecute cannabis companies operating legally in states that have ended prohibition of the drug. Barr, during a Senate confirmation hearing, called the current...

Cannabis Draws More Wall Street Attention

Not too long ago, the notion that Wall Street analysts would be following cannabis companies would have been outlandish. Not anymore. Piper Jaffrey recently initiated coverage of Canadian cannabis companies Canopy Growth and Tilray. According to CNBC: While admitting...

Government Shutdown Casualties Include Hemp Farmers

Washington politicians gave farmers who want to cultivate industrial hemp reason to rejoice when they passed a Farm bill that included legalization of the crop at the end of last year. Now, though, they've snatched that reason away, thanks to the federal government...

Beer Giant Bets On Cannabis

The largest beer company in the world is charging into the cannabis business. AB InBev has signed a research agreement Canadian marijuana company Tilray. The companies will each put up $50 million to study cannabis-infused beverages. According to The Financial Times:...

FDA Loosens CBD Stance

The legalization of industrial hemp has prompted the FDA to relax its stance on the inclusion of CBD in food and drink. The agency issued press releases to that effect following the passage of this year's Farm Bill, which legalized hemp cultivation, this month....

Hemp Legalization Means Big Things For CBD

Congress has finally voted to legalize hemp cultivation as part of this year's farm bill, a development that should give a big boost to CBD businesses. President Donald Trump is expected to sign the bill and Senate Minority Leader Mitch McConnell, who has pushed for...

Marlboro Man Joins Marijuana Pioneers

It was just a matter of time before a big tobacco company got interested in the legal marijuana business. That time has come. Altria, the maker of Marlboro cigarettes among other brands, has put up $1.8 billion to buy a 45 percent stake in Toronto marijuana producer...

Hemp Legalization Clears Major Hurdle

The defeat of hardline Republicans' efforts to make it harder for financially-strapped families to get food aid is good news for the hemp industry. House and Senate negotiators have cleared a version of the Farm Bill that scraps House Republicans' plan to add work...

Look North For Explosion In Cannabis Science

Canadian scientists and business people have a leg up on the rest of the world, thanks to cannabis legalization. The nation became the first G-7 country to legalize recreational use of marijuana earlier this fall. Doing so unleashes entrepreneurs to develop major...

Democratic House Victories May Be Good News For Hemp

The impending end of the Republican majority in the House of Representatives has increased the likelihood of hemp legalization this year by smoothing the way for passage of a Farm Bill. Senate majority leader Mitch McConnell ensured that full legalization of hemp...

Mitch McConnell Promises Hemp Legalization If Farm Bill Passes

The top Republican in the Senate, Mitch McConnell of Kentucky, says his provision legalizing industrial hemp cultivation will make it into the final farm bill Senate and House negotiators are ironing out. "They will be," McConnell told reporters in Kentucky on Friday,...

Canopy Growth Positions Self As Major Cannabis Player

A Canadian company is positioning itself to become the first truly major corporation of the legal cannabis era. Canopy Growth and beer, wine and liquor company Constellation Brands last week closed Constellation's $4 billion investment in the Canadian cannabis firm....

CBD Set To Conquer World

Everyone from high-end hotels to health researchers has jumped aboard the CBD bandwagon. And there are plenty of good reasons for that. A recent article in the New York Times goes into great detail about the appeal of CBD to broad swaths of the United States. That...

Can CBD Help Ease Depression, Anxiety Symptoms?

It may not be the wonder substance marketers sell it as. But evidence, both scientific and anecdotal, points to several benefits from CBD. Among those benefits, the chemical present in cannabis plants including industrial hemp shows promise in the treatment of...

Hemp Goes High Tech

With big agriculture and food concerns showing interest in hemp products such as CBD oil, tech players are also targeting the crop. Originally grown in China, hemp has been cultivated across the world for hundreds of years. In the United States, it was a legal crop,...

Companies Lining Up To Cash In On Hemp Face Obstacles

While companies like Coca-Cola exploring CBD, and market researchers expecting big things, it seems as if the ascendance of hemp is inevitable. But obstacles remain. Though there's a possibility Congress will legalize the cultivation of industrial hemp in all 50...

Coke May Be It For CBD

The grandaddy of beverage companies may be getting into the CBD business. Coca Cola is exploring the potential to develop CBD-infused drinks to help people fight inflammation, pain and other conditions. The world's largest beverage company is reportedly working with...

Expect CBD Market Explosion

The CBD market has only just begun to take off and could be worth billions within the next five years. The Brightfield Group, a market research firm, has released a new estimate that the CBD market could hit $22 billion by 2022, Rolling Stone reports. That would be a...

David Crosby Plans Entry Into Weed Business

Count David Crosby among the famous musicians jumping into the legal weed business, and, like Willie Nelson, Crosby's interest goes beyond getting high to the benefits of CBD. According to Benzinga, Crosby, the co-founder of Crosby, Stills, Nash & Young and the...

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