U.S. Hemp Roundtable

Just now, the U.S. House of Representatives passed its version of the 2018 Farm Bill, after resolving an unrelated intra-party dispute about immigration. As expected, there are no significant hemp provisions in the bill. Not to worry: As discussed here, the strategy of our Congressional supporters is to pass a hemp-friendly Senate bill, and resolve […]

Banks take on Sessions over legalized pot

Lenders see the potential for lucrative business in working with the burgeoning industry. While pot polarizes policymakers, lenders are going out of their way to avoid taking a position on whether marijuana should be legal. But they want to see legislation that explicitly protects their industry. | Robyn Beck/AFP/Getty Images) The nation’s banks are taking […]

Senate Bill 2667

This morning 6/13/18 our team been tracking the Senate Agriculture Committee. The committee reviewed, discussed and agreed on the bipartisan Farm Bill which includes Senator McConnell’s Hemp Farming Act amendment. We are relieved, this bill was passed on a 20-1 vote with the Hemp Farming Act included! Senator Grassley (Iowa) attempted to pass his version […]

Hemp products now regulated like food ingredients in Colorado

Hemp products now regulated like food ingredients in Colorado

Colorado law now stipulates that hemp products will be regulated like food ingredients. Gov. John Hickenlooper on Wednesday signed House Bill 1295, which formalizes an 11-month-old state policy that applies existing food manufacturing guidelines to products such as hemp oil-infused coffees and hemp-derived extracts rich in the non-psychoactive compound cannabidiol. Beyond codifying existing policy, the […]

Washington’s Seed-to-Sale Traceability Issues Persist

In order to address ongoing issues with Leaf Data Systems (LDS) — Washington state’s traceability database, built by MJ Freeway — the Washington State Liquor Control Board (LCB) is in negotiations with Gartner Consulting to do an independent evaluation of the LDS’ implementation. Already holding a contract with the LCB, the firm will be asked […]

Court Rejects Challenge to DEA Rule, Leaving CBD Federally Illegal

In a decision likely only to add to the legal confusion around cannabidiol (CBD) in the United States, a federal appellate court in California has rejected an industry challenge to a DEA rule that effectively outlawed the cannabinoid.  The rule, which the DEA published in 2016, established a new Controlled Substances Act drug code for […]

Phase 2 Clinical Trial of Cannabidiol (CBD)

INSYS Therapeutics Initiates Phase 2 Clinical Trial of Cannabidiol (CBD) for Treatment of Prader-Willi Syndrome Study will evaluate safety and efficacy of company’s CBD product candidate in rare genetic disease characterized by insatiable appetite in children PHOENIX, AZ, USA I April 27, 2018 I INSYS Therapeutics, Inc. (NASDAQ:INSY), a leader in the development, manufacture and commercialization […]

Austin’s first-ever CBD cannabis oil shop opens

A buzzy new shop has quietly opened on Austin’s east side. Rawsome, a family-owned mini-chain selling handcrafted cannabinoid — or CBD — oil just rolled out at 1210 Rosewood Ave. CBD oil is a naturally occurring compound found in cannabis plants. Unlike marijuana, which has high levels of THC (the chemical compound that gets users high), CBD oil […]

Prescription CBD oil could soon be available

BOISE, Idaho– The Food and Drug Administration is one step closer to approving a prescription CBD oil. Participants in an Idaho case study may have played a role in the decision-making process. A panel of federal advisers unanimously voted last week to recommend the approval of the Epidiolex, the first prescription cannabidiol medicine, to treat […]

The Endocannabinoid System

Dr David Allen describes the importance of the Endocannabinoid system and how the use of CBD can enhance overall health and potentially treat common and serious symptoms. Dr. David Allen: Hello, my name is Dr. David Allen. I’m a retired cardiac surgeon and member of the International Cannabinoid Research Society, ICRS. That means I’m a […]