New Canxchange platform simplifies trading through enhanced tools
Commodities platform Canxchange has launched a new electronic trading system the company said will bring greater transparency, liquidity and efficiency to the growing global cannabis…
Companies
FDA approves trial for CBD-based drug to treat opioid addiction
The U.S. Food & Drug Administration (FDA) said a CBD-based treatment for opioid use disorder can be used in clinical trials, Ananda Scientific Inc., the…
Beer, cannabis giants end joint venture that had planned to make drinks
Brewing giant Anheuser-Busch InBev said it will continue to develop CBD-infused non-alcoholic drinks in Canada after its joint venture with cannabis producer Tilray was dissolved…
Model supply chain in Paraguay starts with small farmers, ends with exports
Hemp stakeholders in Paraguay are developing a supply chain based on production that starts with local indigenous communities and ends up in a growing volume…
Pfizer to pay $6.7 billion for developer of cannabinoid medicines
Pharmaceutical giant Pfizer said it plans to buy San Diego-based Arena Pharmaceuticals, Inc., which is researching and developing cannabinoid-based medicines for patients who suffer gastrointestinal…
Funding will let New Zealand fiber venture ‘go farther, faster’
Hemp joint venture New Zealand Natural Fibres (NZNF) has received AUS$1.34 million (€845,000) in funding from the government’s Ministry for Primary Industries (MPI) for a…
Polish group’s whole-plant strategy stresses innovation, sustainability
A Poland-based hemp innovation hub has sparked initiatives in hemp proteins, plant-based foods and biocomposites that can replace wood as it pursues a whole-plant strategy…
Licenses advance Uruguay firm’s business model supporting Lat-Am small farms
YVY Life Sciences of Uruguay said it received cultivation licenses for medical-grade cannabis to produce THC and CBD, making it the first company to hold…
Santa Fe taps new CEO
New Mexico-based hemp company Santa Fe Farms named Kim Kovacs Chief Executive Officer, succeeding Steven Gluckstern, who assumes the position of Executive Chairman, the company…
€11 million deal combines German groups, creating a hemp powerhouse in Europe
Germany’s SynBiotic SE has acquired 50.1% of a leading group of German hemp companies from industry veteran Daniel Kruse for €11.2 million (~$12.6 million) in…
