BAT’s $174m investment to focus first on CBD
Cigarette maker British American Tobacco (BAT) said it will put its initial efforts into developing CBD business after paying $174 million for roughly 20% of…
Companies
CbdMD launches R&D unit
U.S.-based cbdMD, Inc. said it formed a new wholly-owned subsidiary, cbdMD Therapeutics LLC, to work on research and development projects. The company named Sibyl Swift,…
Colorado genetics specialist acquired by New Mexico’s Santa Fe Farms
Genetics specialist High Grade Hemp Seed (HG) of Colorado has been acquired by Santa Fe Farms, a New Mexico company that has mapped out a…
CBD firms eye distribution deal
Australia-based nutraceuticals maker Creso Pharma signed a letter to enter a distribution deal with ImpACTIVE Holdings Ltd, Canada. ImpACTIVE is to distribute Creso’s suite of…
U.S. cigarette maker in IP deal
U.S. cigarette maker 22nd Century Group, Inc. said it entered an agreement to use human cell-based testing from CannaMetrix, LLC, Henrietta, New York, as it…
In a fast changing market, quality and flexibility are critical
Jacopo Paolini is a founding partner at Enecta, an Italian-Dutch company that develops new cannabis genetics and is a producer and seller of high-concentration cannabinoid products for…
U.S. lab chain adds three states
Florida-based Kaycha Labs said it added laboratories in three U.S. states, bringing the total number of facilities its network to nine. Kaycha said it acquired…
Italy authorizes consortium for pharma-grade CBD production
The Italian Ministry of Health has authorized Bio Hemp Farming (Bio Hemp), a consortium, to produce CBD under a special decree, the company announced. The…
California company shut down
A California hemp company was closed by state labor officials after workers complained they have not been paid for two months. Castillo Seed Company, Half…
Illinois wellness farm awarded
An Illinois wellness farm has won a grant competition organized by the Midwest (USA) Hemp Coalition (MHC), an association of stakeholders across the region. The…