FDA chief ‘very committed’ to making progress on CBD, other cannabinoids
The head of the U.S. Food and Drug Administration says he is “very committed” to making progress on CBD but says his agency needs more authority to do so.
Canopy inks option deal to buy CA cannabis extractor for at least $69M
Smiths Falls, Ontario’s Canopy Growth Corp. entered a deal giving it the right to buy California-based Jetty Extracts for at least $69 million (89 million Canadian dollars) in cash and stock.
Actor Sacha Baron Cohen drops lawsuit over ‘Borat’ marijuana billboard
Actor Sacha Baron Cohen dropped a lawsuit against Massachusetts marijuana cultivator and retailer Solar Therapeutics, which featured his popular “Borat” character on a highway billboard without permission.
$5 million plan to use marijuana taxes for hemp processing fails in Colorado
A Colorado proposal to use $5 million in marijuana tax collections to help buy machines to process hemp fibers failed.
Rhode Island lawmakers change adult-use cannabis legalization bill
Legislators in Rhode Island revised a bill to legalize adult-use cannabis with the hope the changes could help the measure pass the state’s General Assembly.
WA sues marijuana retailer for alleged $300,000 of unpaid wages
Washington state regulators have taken Spokane-based Cannabis Green to court, claiming the marijuana retail chain owes at least 70 employees as much as $300,000 in unpaid wages and overtime from the past three years.
