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📰🌿CBD Daily News April 16 2019

posted Apr 16, 2019, 5:31 AM by Scott Salisbury   [ updated Apr 16, 2019, 7:26 AM ]

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Associated Press
Sorrento Establishes Business Unit to Address Market Opportunity for Proprietary Water Soluble Cannabidiol (CBD) FormulationsIf bioequivalence is confirmed in animal studies, the selected water-based formulation would be eligible for further human studies towards an FDA approval using the 505(b)(2) pathway for any indication currently approved for CBD.

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New Cannabis Ventures

The initial 6 retail locations are:

  • 628 Broadway, New York, NY
  • 1140 Third St. Promenade, Santa Monica, CA
  • 80 Powell St., San Francisco, CA
  • 526 Avenue of the Americas, New York, NY
  • 521 Fifth Avenue at 43rd St., New York, NY
  • 1333 Broadway, Herald Sq., New York, NY

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Neptune Expands Existing Offering of Turnkey Solutions in the US to Include Hemp Ingredients
LAVAL, QCApril 15, 2019 /PRNewswire/ - Neptune Wellness Solutions Inc. ("Neptune" or the "Company") (NASDAQ: NEPT) (TSX: NEPT) is pleased to announce that its Solutions Business has begun offering turnkey product development solutions with hemp-derived ingredients to business customers in the United States. A U.S.-based supply chain of licensed hemp extract producers has been established, and initial purchase orders are now being processed. 

Junior Mining Network
California Gold Receives LOI for Purchase of Its Entire High-CBD Industrial Hemp Seed Production in 2019 and 2020 

California Gold Mining Inc. is a Canada-based mineral exploration company. The Company engaged in the acquisition, exploration and development of mineral resource properties. The Company's primary focus is the exploration and development activities at its Fremont Property, located in California. The Company also holds interests in approximately eight mining claims and related surface rights agreements in Hastings County near Madoc, Ontario (the Dingman Property). The Fremont Property includes approximately 3,350 acres of land located over 20 miles north of the town of Mariposa, California. The Company's mineral properties are at the exploration stage. The Company has not generated any revenues from its operations.

About Vaxa Global, LLC

1. Vaxa Global, LLC (www.vaxaglobal.com) distributes Canadian grown patented-processed hemp for CBD extraction within the United States to states that are approved to extract CBD. Ekstrak Labs, LLC

2. Ekstrak Labs, LLC. (www.ekstraklabs.com) is an emerging company in the extraction industry, dedicated to creating high-quality extraction labs around the United States.

3. Gramz Holdings, LLC (www.getgramz.com) is a leading supplier, and first-to-market Nature’s Whole Spectrum™, natural whole plant compounds in delivery systems committed to maintaining the composition of the plant’s natural source and state. Gramz™ was founded to honor and respect the true medicinal and therapeutic value of hemp’s whole plant composition



Washington State 

HB 1401 Hemp Bill Passed Senate 04/15/2019

Hello WA Hemp Supporters!

Our Hemp Bill HB 1401 Passed the Senate today unanimously after being resurrected during the soap opera, As the Hemp World turns! SB 5276 was not moving to the floor in the House due to nothing hemp related so Senators were on it and came to hemp's rescue. This last weeks episodes of crazy, nail-biting twists and turns bring us closer to growing hemp this season. HB 1401 with all the scenes and amendments will be voted on once more in the House and the bill will be on it's way to the Governor's desk for a signature within the next two weeks. There will be no more amendments. This show isn't over till the credits roll but they will roll our bill.  I have attached the final version of HB 1401 and the IHRP application. I will let you all know what happens from here and will give the word go. Let's get ready to grow though!  Please contact your Senator and thank them for their support of our Hemp Bill HB 1401.

Bonny Jo Peterson

Executive Director

Industrial Hemp Association of WA




If the bill is approved and signed by Gov. Kim Reynolds, Shipley said it would not be until the 2020 growing season that hemp production as an alternative crop would get underway. Iowa’s law would take effect July 1 and include a limit of 40 acres per farmer.

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