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CBD Daily News June 8 2019

posted Jun 8, 2019, 4:57 AM by Scott Salisbury   [ updated Jun 8, 2019, 5:36 AM ]

10,000 retail stores nationwide
TEMP, Ariz. — Harvest Health and Recreation Inc., a vertically integrated cannabis company, has partnered with the Asian American Trade Association Council (AATAC) to distribute its Colors, CBx Essentials and Harvest-branded cannabidiol (CBD)product lines to more than 10,000 retail stores nationwide, including Circle KSunoco, Chevron, 76, BP, Arco, ampm, Kangaroo, Shell and Marathon retailers in the AATAC's network, the company said.

The bill requires growers and manufacturers of CBD products to gain licensing, testing and specific labeling. The regulations also prohibit the sale of CBD for inhalation, such as vape juices, and beverages and food items with CBD, which Carter and her partners peg as a missed opportunity for Louisiana. For their own company, it means shelving their four vape juice flavors as well as plans to expand with CBD-infused gummies.


Canopy Growth
Canadian cannabis company Canopy Growth (CGC) is doubling down on plans to invest in cultivating hemp in the United States.
“We think this is moving faster than we expected,” Linton told Yahoo Finance about CBD during Yahoo Finance’s The Business of Cannabis special. “We're not going to be the farmer, but what we're going to do is we're gonna take the plant and we're going to process it, and then we're going to put the resulting ingredients into products that people want to buy. And we think there's a big market to do it.”

"As of this morning we've got 21 licensees," said Bryan Hurlburt, Commissioner of CT Department of Agriculture. "We've got another 59 in the queue. We've got about 90 acres of hemp production that are waiting to grow this year."

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Scott Salisbury 
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Scott.Salisbury@CBDStore.co  253 221 9051
Founder (🎪The CBD Store and 🎪Hemp Extracts 🎪Green Globe Hemp)
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