Medical Marijuana and Hemp News
Medical Marijuana and Hemp News
Oklahoma’s Moratorium On Medical Marijuana Licensing
A two-year moratorium on applications for new medical marijuana grower, dispensary and processor licenses in Oklahoma kicks in later this month - for real this time.The state's medical marijuana industry has been going gangbusters, and this has created a number of challenges for the Oklahoma Medical Marijuana Authority (OMMA)...
Creso Pharma To Acquire Health House International
Australian cannabis company Creso Pharma Limited (ASX:CPH) is looking to acquire an international pharmaceutical distributor specialising in the distribution of medicinal cannabis products.Creso Pharma announced last week it had inked a non-binding term sheet to acquire Health House International Ltd (ASX: HHI). The acquisition is conditional on completion...
Ananda Scientific Opioid Use Disorder CBD Trial Update
Ananda Scientific has announced the first patient enrolled in its clinical trial evaluating a cannabidiol-based drug as an adjunctive treatment for Opioid Use Disorder.The Colorado-headquartered company received approval from the FDA for the trial in January this year. The drug involved is Ananda's Nantheia ATL5; an investigational drug based...
Health Canada Advisory Board Provides CBD Recommendations
A report from the Canadian Government's Science Advisory Committee on health products containing cannabis has provide recommendations on the use of non-prescription CBD.Health Canada tasked the Committee to provide advice that would help inform development of regulations.The Committee noted the volume of scientific publications has increased exponentially over the...
USA FDA’s Impact On CBD Market
A new report indicates the potential future impact of the USA's CBD industry being left in limbo with regard to Food and Drug Administration (FDA) regulations.While cannabidiol (CBD) has been legal in the USA since the signing of the 2018 Farm Bill into law, the FDA is yet to...
Zimbabwe Green Lights Hemp-Derived Medicines
The Medicines Control Authority of Zimbabwe is now accepting applications for approval of hemp-based cannabidiol products as complimentary medicines.The MCAZ is tasked with ensuring medicines, allied substances and medical devices are safe, effective and of good quality. One of its slogans is "protecting your right to human medicines and...
Mislabeling of CBD Content In OTC Topical Products Common
Johns Hopkins Medicine researchers' findings after studying more than 100 over-the-counter topical cannabidiol (CBD) products are rather unsettling.It won't come as earth-breaking news that many CBD products available in the USA don't contain what they say on their labels. But the fact that it's continuing after so much media...
ECS Botanics Unloads Hemp Foods Business
Well, that didn't take long - Australia's ECS Botanics (ASX:ECS) has found a buyer for its hemp food and wellness division.In June ECS Botanics released its strategy for a major shift that will see it focusing its operations entirely on medicinal cannabis, which makes up the vast majority of...
Green Light For Incannex CBD + HCQ Trial
Australia's Incannex (ASX: IHL) has been given the go-ahead for a clinical trial involving a formulation containing cannabidiol (CBD) and hydroxychloroquine (HCQ).The Bellberry Human Research Ethics Committee has granted approval for a phase 1 clinical trial investigating IHL-675A, a multi-use, anti-inflammatory drug."There’s a growing trend whereby patients are using...
Vermont Shifting Hemp Production Oversight To Feds
After running its own hemp program since 2009, the US state of Vermont is ending it and handing over control to the USDA.Early this month, the Vermont Agency of Agriculture, Food & Markets (VAAFM) wrote to the Chief of the USDA's U.S. Domestic Hemp Production Program indicating an intention...