Coca-Cola and CBD?
According to a report from BNN Bloomberg Television, Coca-Cola has stated that it's monitoring the Cannabinoid (CBD) market - contemplating whether it wants to throw its cap into the ring to create a drink infused with Coca-Cola and CBD.
Currently, the Atlanta-based soft drinks maker is said to be in talks with Aurora Cannabis (a Canadian marijuana producer) to develop the beverages. However, as there are many other CBD infused drinks on the market, Coca-Cola is aiming to create a CBD wellness drink that will help ease inflammation, pain, and cramping. Rather than making its focus on giving consumers...
A Cornell University study has found that a product made with hemp oil is helpful in treating dogs, and especially old dogs, for pain.
The eight month study of soft chews made by ElleVet showed the chews helped dogs with arthritis and related aches and pains. Ganjapreneur reports:
According to a press release announcing the study’s results, more than 80 percent of dogs who used ElleVet Mobility soft chews saw a dramatic improvement. Vets who worked on the study called the product “a game changer that will change the face of veterinary medicine.”
Dr. Joseph Wakshlag, an associate professor and Cornell and veterinarian who led...
Pennsylvania farmers are increasing the acreage they're devoting to industrial hemp, while two more states draw closer to allowing it.
In Pennsylvania, farmers plan to grow up to 1,000 acres of hemp, about 30 times as much as they did in 2017, according to state agriculture secretary Russell Redding. According to Lancaster Farming:
Redding announced the Department of Agriculture approved 39 industrial hemp research applications on Feb. 15. If all applicants complete the permitting process, nearly 1,000 acres of hemp will be growing this spring. Last year, 14 growers produced a total of 36 acres statewide. About one third of those...
A Colorado company says mapping the cannabis plant's genome can help sort out the legitimate claims about products such as CBD Oil from the bogus.
“DNA, of course I’m biased because it’s what I do, but it doesn’t lie. It really is a way to just sort of clear a lot of the b.s.,” said CJ Schwartz, chief executive officer of Sunrise Genetics. “The excessive claims are really doing a disservice to the plant or the potential of the plant and the science surrounding that.”
According to Bloomberg (via The Cannabist):
A deeper understanding of genetics means companies will be able to figure...
Twenty-eight members of Congress want a federal appeals court to reverse a Drug Enforcement Agency determination that CBD Oil is a Schedule 1 drug.
The Hemp Industries Association and hemp businesses' petition to the 9th Circuit Court of Appeals that argues the DEA overstepped its authority with new rules regarding extracts such as CBD Oil. Among the 22 Democrats and six Republicans signing off on the brief were Sen. Rand Paul, R-Ky., Sen. Ron Wyden, D-Ore., and Rep. Jared Polis, D-Colo.
According to Marijuana Business Daily:
The members conclude that the federal agency’s rule about CBD was an “abuse of DEA’s administrative procedure...
When it comes to CBD oil, as with other cannabis products, federal versus state regulations make for a sometimes-murky picture.
Last year, the Drug Enforcement Agency classified as Schedule 1 narcotics without medical benefits all extracts, including cannabidiol—usually extracted from industrial hemp plants with little or no THC. High Times wrote at the time:
Tell that to the thousands of epilepsy sufferers, who are mercifully enjoying relief from intractable epilepsy and polymorphic seizures.
Under their new drug code, entitled “Establishment of a New Drug Code for Marihuana Extract,” the DEA announced it was “creating a separate code number for marihuana extract with the following definition: ‘Meaning...
Hemp oil's growing popularity is a factor in the spread of hemp farming from state to state.
Wisconsin made itself the most recent state to allow farmers to grow industrial hemp. The legislature there voted unanimously in favor of the crop and Gov. Scott Walker signed the bill.
Wisconsin Ag Connection reports:
The legislation specifics that anyone with a prior drug conviction would not be eligible to grow hemp. In addition, the crop would not be allowed to contain more than 0.3 percent THC, an active ingredient in marijuana.
Rural lawmakers and farm groups have been pushing the concept of hemp production in...
Target tried CBD and didn’t like it.
The giant retailer on its website briefly pitched products from CW Hemp’s Charlotte’s Web containing cannabidiol-rich oil. But the experiment didn’t last.
“We started carrying Charlotte’s Web hemp extract items last week on Target.com. After further review, we have decided to remove it from our assortment,” Kate Decker, a Target spokeswoman, said.
CBD, derived from hemp, doesn’t contain THC, the compound in marijuana that gets you high. But Target’s decision to pull the products leaves many wondering if the retailer removed it after complaints.
Joseph Misulonas at Civilized writes:
Unfortunately, there doesn't seem to be any other information...
The hemp industry has exploded over the past couple years, with it's acceptance spreading around the country as beneficial evidence is unearthed day in and day out. With the numbers wowing investors and insiders, it's now expected that the industry will soon reach the billion dollar mark...
"Hemp-derived cannabidiol (CBD) is projected to be a billion-dollar market in just three years, according to a new report by Brightfield Group. The data company estimates that hemp CBD sales have already hit $170 million in 2016 and a 55% compound annual growth rate over the next five years will cause the market to crack the...
The abilities and properties of hemp have created a super plant that a number of industries are harnessing for it's powers. A recent report has outlined the recent growth in the sale of products related to the plant, and shows it's immense ability to see exponential growth.
"While food and skin-care products are pillars in the hemp portfolio, they don’t touch the plant’s full potential. It’s used in such a surprising variety of products that some financial analysts say hemp could become one of the hottest commodities in industrial and medical fields..."