GW Pharmaceuticals estimates its net product sales for 2020 to have reached approximately USD $526 million - and its cannabidiol medicine made up the lion's share.GW Pharmaceuticals produces a CBD product called Epidiolex, which is marketed under the name Epidyolex in the EU and Australia.Epidiolex was the first...

ECS Botanics Holdings Ltd (ASX:ECS) announced on Tuesday it had inked an agreement that will see it acquire Murray Meds.Murray Meds has a licensed medical cannabis cultivation and manufacturing facility situated on the Murray River in North Western Victoria. In the most recent and first growing season, the company...

The U.S. Food and Drug Administration is still inching its way towards developing consumer protection standards relating to CBD.Back in 2019, it appears it came as a shock to many Americans federal standards for cannabidiol (CBD) hadn't been developed. The FDA has repeatedly stated this has been due to...

Australia's Therapeutic Goods Administration approved 57,781 SAS (Special Access Scheme) Category B applications for unapproved medicinal cannabis products in 2020.It was a huge year given the TGA has only approved 85,000 SAS Category B applications since this medicinal cannabis pathway was established way back in 1992. Here's how 2020...

Results from a recently published study suggest U.S. consumers perceive CBD as more of an over-the-counter pain reliever and less like prescription opioid medicines.The study was carried researchers Trey Malone and Brandon R. McFadden from the Department of Applied Economics and Statistics, University of Delaware.Based on data from a...

An Australian Parliament Agriculture and Water Resources Committee report released last month supports removing barriers faced by the nation's hemp sector.The Committee’s inquiry looked at how Australia's agriculture sector could reach a target set by the National Farmers’ Federation of a farmgate value of $100 billion by 2030. While...

The Kansas Department of Agriculture will begin accepting industrial hemp grower applications from January 8.Up to this point, the only pathway for growing industrial hemp in the state was through a license issued under the state's Industrial Hemp Research Program.Governor of Kansas Laura Kelly signed the Senate Substitute for House Bill 2167,...

A bill signed into law by Michigan Governor Gretchen Whitmer last week enables veterinarians in the state to discuss cannabis treatments with pet owners.Prior to the signing, the ability to discuss industrial hemp or marijuana-based treatments was a bit of a grey area legally speaking, so many vets were...

There's still more to be done to improve patient access to medical cannabis in Western Australia says the director of a medical clinic in Perth’s western suburbs.In November 2019, changes were made to Western Australia's medical cannabis program to make patient access a little easier. Previously, patients would need...

The issuing of the first hemp production licence was big news for the small territory.The U.S. Virgin Islands are a group of Caribbean islands to the east of Puerto Rico consisting of three main islands: St. Thomas, St. John, and St. Croix, plus a few dozen smaller islands.The entity...