Australian cannabusiness Creso Pharma (ASX:CPH) has inked an agreement with Canadian cannabis company PharmaCielo Limited (TSXV:PCLO) recommending the former be acquired by the latter. Announced on Friday, Creso says the acquisition would result in a vertically integrated supply chain as PharmaCielo is engaged in cannabis cultivation, production and extraction. Creso develops...

One of the remaining USA hemp holdout states, Louisiana, has officially jumped on the nation's industrial hemp revival bandwagon. Governor John Bel Edwards has signed off on HB491 late last week, which recognises industrial hemp as an agricultural commodity and authorizes the cultivation, processing, and transportation of the crop in...

Murray River Organics (ASX:MRG) and Althea Group Holdings Limited (ASX:AGH) announced yesterday both had been granted hemp cultivation licences by the Victorian Government. Hemp is often referred to as "low-THC cannabis" by the Victorian Government and only licence holders are permitted to grow the crop in the state. Agriculture Victoria...

Bod Australia Limited (ASX:BDA) announced yesterday its cannabidiol based cannabis extract will be used in a Post-Traumatic Stress Disorder (PTSD) trial. The extract, MediCabilis 5% CBD, will be tested in a 12 month trial facilitated by Australia's Cannabis Access Clinics, which will manage screening to recruitment processes.  Another firm, Applied...

The USA's Hemp History Week 2019 kicked off on Monday, and its organisers have an extra spring their step this year. This year marks the 10th anniversary of the week-long event (June 3-9), the largest educational campaign about hemp in the U.S. This year's theme is "return of the plant!". "The...

June 1 was a big day for industrial hemp in Arizona, marking the starting date for when cultivation, harvest, transporting and processing of the crop could commence. On May 14, 2018 Senate Bill 1098 was signed into law by Governor Ducey, authorising the Arizona Department of Agriculture to license...

Just half an acre of industrial hemp was (legally) cultivated last year in Nebraska - that should increase exponentially in the not too distant future. Late last week Governor Pete Ricketts signed a bill into law allowing farmers to grow industrial hemp as an alternative crop. Championed by Senator Justin Wayne,...

ASX-listed MGC Pharmaceuticals Ltd has been awarded a cannabis research licence in tandem with Royal Melbourne Institute of Technology (RMIT). The licence, issued by Australia's Office of Drug Control (ODC) permits the pair to cultivate cannabis for research purposes. "The Licence enables our strategic alliance with RMIT to advance on its...

Dixie Brands Inc. announced yesterday its Therabis "Mobility" canine supplement will form the basis of a clinical trial by Penn Vet researchers. The trial will evaluate the effectiveness of Mobility, a hemp-based supplement containing cannabidiol, in relieving joint symptoms in dogs. The Veterinary Clinical Investigations Center at the University of Pennsylvania...

The Netherlands' only approved medicinal cannabis producer may soon have company - and competition. Nederlandse Omroep Stichting (NOS - Dutch Broadcast Foundation), which is part of the Netherlands Public Broadcasting system, reports the country's Office for Medicinal Cannabis (BMC) wants to issue the second license. Currently, only one company is authorised...