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Beer Giant Bets On Cannabis

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:... read more
FDA Loosens CBD Stance

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.... read more
Hemp Legalization Means Big Things For CBD

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... read more
Marlboro Man Joins Marijuana Pioneers

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... read more

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... read more