Cannabidiol News Feb 8 2019
Green Growth Brands Taps Tilray and Authentic Brands for Greg Norman Branded CBD Products
COLUMBUS, OH, Feb. 7, 2019 /PRNewswire/ – GGB Beauty LLC, a subsidiary of Green Growth Brands Inc. (CSE: GGB) (OTCQB: GGBXF) (GGB or the Company) announces it has executed a licensing agreement (the Agreement) as of February 6, 2019with Authentic Brands Group (ABG) and the Greg Norman brand. The Agreement is to develop a line of cannabidiol (CBD) infused personal care products designed for active adult men and women. As part of this arrangement, the Company will be working with Tilray Inc. (NASDAQ: TLRY) (Tilray) as the preferred supplier of the CBD ingredients to be used in these products.
According to Gavigan, Prima plans to work with the FDA to have CBD products labeled as a nutritional supplement.
Christopher Gavigan helped build the $1 billion baby and beauty firm, the Honest Company, alongside actress Jessica Alba, by focusing on health products and consumer trust. Now, he wants to apply the same formula to the emerging market for hemp products.
The State of MAIN
A spokeswoman for Gov. Janet Mills says she is working on an emergency bill to allow all CBD products to be sold in Maine.
1: Grow the plants for fiber. Farmers are paid on tonnage.
2: Grow Hemp Seed to used as a food grain.
3: Growing hemp plants for oil.
“So there you’re probably looking at somewhere between $10,000 to $15,000 of per acre return,” says Mark.
Last year, Ohio’s Pharmacy Board issued a clarification to a state law which lists cannabidiol, or CBD, as a marijuana product. What this means is CBD oil can only be sold in dispensaries in the state of Ohio. But it was only last week that the Ohio Department of Agriculture instructed the Cincinnati Health Department to enforce this part of the law and pull CBD oil products from the shelves at Gramma Debbie’s Kitchen and other businesses.
Helena Independent Record
One of the bills would authorize a tax exemption for hemp processing equipment, one would create a “Montana-certified” program for hemp, and one would remove the fingerprinting requirement for licensed growers and bring Montana’s laws in line with the 2018 Farm Bill passed last December. Montana leads the nation in pulse crop production and similarly was No. 1 in acres of hemp planted in 2018. SB176 asks lawmakers to grant the Department of Agriculture authority to create a hemp certification program. Jacobson said the bill would give producers access to a “Grown in Montana” label on their products, giving them a marketplace advantage. SB 177 is what Jacobson referred to as the “clean-up” bill. The bill changes all instances of “industrial hemp” to simply “hemp” in Montana law and removes the need for a criminal background check and fingerprinting when receiving a state license.
Rapid City Journal
The House Agriculture and Natural Resources committee on Thursday unanimously voted to pass House Bill 1191, which would legalize the growth, production and processing of hemp in the state. The bill comes after hemp production was legalized on the national level by Congress’s Farm Bill in December.
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