As has been well documented in these pages, when the 2018 Farm Bill was signed in December 2018, it marked a turning point for cannabis in general and CBD specifically. We were interested in knowing the consumer’s perspective on CBD now that it had achieved a new level of quasi-legal status. In January, High Yield […]
Cannabidiol
Pet Owners Embracing the Potential of CBD
By Mike Luce As anyone who has cared for an ailing or distressed pet can attest, we would do anything for our four-legged (or two-legged, or even no-legged) friends. Unconditional love even extends to those creatures who seem to exist solely to torture us. Small wonder then that we spend upwards of $70 billion annually […]
Understanding Potential CBD Users; Drivers to Adoption
In recent weeks, this space has seen several contributions from High Yield Insights to the ongoing conversation in the industry on cannabidiol. Dating back to a high-level review of the CBD consumer in July 2018, our approach has to evaluate the opportunities and challenges ahead for CBD through the lens of consumer insights. Most recently, […]
Consumer Trust In Information On CBD
When we collected feedback on purchase drivers from medical and adult use cannabis consumers in 2018, we noted some intuitive and not-so-obvious patterns. Those who think of cannabis as a wellness solution were much more likely to check CBD contents, for example. (Incidentally, the reverse wasn’t true. THC content topped the list of purchase drivers […]
Former Cyclist Floyd Landis To Open Up CBD Cafe In Pennsylvania
Floyd Landis, the Lancaster cyclist whose sensational 2006 Tour de France victory was nullified after a doping scandal, is now setting the pace deep into his second career — peddling state-legal marijuana and its derivatives. A pioneering cannabis entrepreneur, Landis has put the international doping scandal behind him. He has rebuilt his reputation, and become […]
First FDA approved cannabis-based drug now available by prescription
The first cannabis-derived medication approved by the Food and Drug Administration is now available by prescription in every state, according to its manufacturer. Epidiolex, manufactured by GW Pharmaceuticals, is intended to treat seizures associated with two rare and severe forms of epilepsy that begin in childhood. The drug is made of cannabidiol (CBD), a component of […]
Florida Hemp Program Greenlit and Gearing for Growth
The fledgling pilot project led by University of Florida scientists to explore the potential of producing industrial hemp across the state is getting wings thanks to initial funding from a private partner. Green Roads Inc. has reportedly invested $1.3 million to sponsor the first phase of the UF/IFAS research program. The funds will go to support field trials currently […]
Edible hemp oil stores arrive in Minnesota, and are proving hugely popular
The first retail store specializing in the sale of pain-relieving, edible hemp products in the Twin Cities is now open. CBD of Maplewood opened last month, and while other retail chains such as GNC now offer hemp oil products, this is the retailer in Minnesota dedicated solely to it. The store carries products manufactured in […]
Dozens of companies compete for a piece of Va.’s limited medical marijuana market
Four decades after Virginia legalized medical marijuana in a pioneering but ultimately unworkable way, dozens of companies are vying for the state’s permission to grow cannabis and make a medicinal oil out of the otherwise outlawed weed. Under emergency legislation passed early this year, Virginia will grant up to five permits to produce cannabidiol (CBD) […]
Northern Wisconsin Tribe Reaches Settlement Over Plans To Grow Hemp For CBD Oil
A northern Wisconsin tribe has reached a settlement with Wisconsin’s attorney general over its plans to grow hemp to produce cannabidiol, or CBD oil. The St. Croix Chippewa Indians of Wisconsin filed a federal lawsuit in February against state Attorney General Brad Schimel, saying he objected to the tribe’s plans for processing hemp. St. Croix tribal attorney Jeff […]
