Medical Marijuana and Hemp News

Medical Marijuana and Hemp News

The ASX’s Newest Cannabusinesses 

Another two medical cannabis companies are joining the dozens of others listed on the Australian Securities Exchange.The first is Emerald Clinics, which hit the ASX last week (ASX:EMD) after raising $6 million in its initial public offering that will support development of its data platform, clinical trials, the establishing...

NZ Medical Cannabis Workshops Prove Popular

A series of government-run medical cannabis workshops in New Zealand for industry kicked off yesterday - and all have been fully booked.New Zealand's Regulations for its Medicinal Cannabis Scheme were passed by Cabinet in December last year. The rules are to come into effect on April 1 (when applications...

Recall Of CBD Food Products In Ireland

More than a dozen food products containing CBD have been issued recall notices by the Food Safety Authority of Ireland.The Authority says certain batches of cannabidiol based foods and food supplements have been found to contain "unsafe" levels of delta‐9‐tetrahydrocannabinol (THC) based on the European Food Safety Authority (EFSA)...

UK Cannabidiol Crackdown

The UK's booming cannabidiol industry is to be being reined in by the FSA, which has also has issued consumer safety advice relating to CBD consumption.In the UK, CBD was confirmed as a novel food product in January last year and has appeared in a wide range of foods...

Trump’s Plans For Medical Marijuana – Who The Heck Knows?

U.S. President Donald Trump's recently released proposed fiscal year 2021 budget plan has caused a stir regarding medical marijuana.In a section headed "cancellations" in the 1,400+ page document, included is wording (page 226) saying none of the funds made available under the Act to the Department of Justice may...

Hemp For Horses – Creso Pharma

Australia's Creso Pharma Limited (ASX:CPH) has announced the development of a hemp product for horses and other large animals.The product is a complementary feed called anibidiol®EQUI, which was developed in collaboration with Switzerland-based CapService over the past year.Creso says:"..anibidiol®EQUIis based on natural hemp plant components and provides the entourage...

Overwhelming Support For Medical Marijuana In Kentucky

While the U.S. state of Kentucky may be all-in on hemp, medical marijuana is another story. But there's certainly plenty of call for it.Medical marijuana is yet to be legalised in the state, although this hasn't been through a lack of trying. However, cannabidiol derived from industrial hemp (cannabis...

USDA Digs In On Hemp THC Limits

The U.S. Department of Agriculture (USDA) won't be amending its proposed rules for hemp to increase the allowable THC limit - and says it has a pretty good reason why.Currently, the limit is set at 0.3 percent THC, with a negligence threshold of 0.5 percent. The latter means cultivators...

Beware Of Hemp “Weed-Washing”

As more businesses pile on to the cannabis wellness bandwagon, consumers will need to become increasingly aware of what's been called "weed-washing".In November 2017, a ban on the sale hemp seed foods was officially lifted in Australia - and these foods have been widely available elsewhere for many...

New Zealand Cannabidiol Use Audit Results

An audit on hundreds of patients in New Zealand prescribed cannabidiol in the form of CBD oil has revealed encouraging results.The study by researchers from the University of Auckland and medical cannabis clinic owner Dr Graham Gulbransen looked at how patients were faring after using cannabidiol (CBD), the non-intoxicating...