Cbd

Photo: Weller

Weller closes $3m funding round pushing CBD into the mainstream

By Mary Ellen Shoup

CBD snack and beverage brand Weller has raised $3m in a funding round led by venture capital firm Brand Foundry Partners, which the company will put towards scaling up production and increasing marketing efforts to meet high consumer demand.

Thrive Market: 'We will be working behind the scenes in the coming weeks to get hemp products back on Thrive Market' (Picture: Thrive Market)

Thrive Market halts sales of hemp-derived CBD products

By Elaine Watson

Natural products online marketplace Thrive Market has temporarily halted sales of hemp-derived CBD products after its merchant processor demanded it cease selling them amid uncertainty over their legal status, but says it is in conversations with a new...

Ben & Jerry's plans to source its future CBD locally from its home state.

Ben & Jerry’s announces intent for CBD ice cream launch

By Beth Newhart

CBD has not yet been fully legalized in the US, but Ben & Jerry’s is already for preparing for when it may be. The company released a statement committing to incorporating CBD into future ice cream innovations as soon as it is federally legalized....

Layn Corp to invest $60m in building US CBD operation

Layn Corp to invest $60m in building US CBD operation

By Elaine Watson

Layn Corp – best known for its stevia, monk fruit, and botanical ingredients - is making a significant bet on hemp-derived CBD, announcing plans to invest around $60m to build a US facility capable of processing a minimum of 5,000 tons of hemp biomass...

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