Stock exchange fines, suspends trading of United Kingdom CBD maker

British CBD maker Love Hemp Group was fined 100,000 pounds ($118,347) by the London-based Aquis Stock Exchange for misleading investors by announcing a capital raise of 2 million pounds that was not completed.

United Kingdom CBD company Trip raises $12 million for expansion

Trip, a CBD company based in the United Kingdom, said it raised $12 million in fresh capital from entrepreneurs, business leaders and other investors.

United Kingdom extends CBD food deadline after complaints

British food regulators hit the pause button on plans to winnow edible CBD products that can be sold in the United Kingdom.

United Kingdom legalizes medical cannabis prescriptions

Medical marijuana will be available by prescription in the United Kingdom by autumn after it was formally approved by the government Thursday.

After the UK’s medical cannabis market opens in the fall, it will immediately become one of the largest in Europe.

British regulators ban Charlotte’s Web, other CBD products

Food regulators in the United Kingdom have ordered nearly 100 products containing CBD to be pulled from store shelves in the country over consumer safety fears.

UK rejects cannabis bill already approved by Bermuda lawmakers

The United Kingdom instructed the governor of Bermuda to reject the island nation’s pending cannabis law on the basis that it breaches international obligations set out in United Nations drug-control treaties.

Top CBD companies experience market share drop as online sales soften

The largest CBD companies in the U.S. experienced declining market share in the second quarter, as the return of in-person shopping triggered a decline in e-commerce sales.

Market share by revenue for the top 20 CBD brands shrank 2 percentage points, to 16%, versus the first quarter of the year, according to Chicago-based cannabis analytics firm Brightfield Group.

Hawthorne buys Flowr’s cannabis research facility for CA$16 million 

Hawthorne Canada completed the purchase of The Flowr Corp.’s Kelowna research and development facility for 15.9 million Canadian dollars ($12.4 million), the companies announced Wednesday.

Canadian cannabis producer Flowr cuts 40% of staff, sells assets to save cash 

Canadian cannabis producer The Flowr Corp. eliminated 40% of its workforce and sold a large parcel of land in a bid to save cash.

EU pause on CBD won’t affect thousands of products on UK shelves – for now

British health regulators say that thousands of CBD products currently on store shelves in the United Kingdom aren’t in immediate danger of removal because European Union officials are delaying plans to authorize CBD-infused foods and dietary supplements.