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UK-based CBD brand Naturecan acquires Oregon production facility

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United Kingdom-based CBD and wellness brand Naturecan acquired the IAH Oregon cannabidiol production facility in the U.S. for 8 million pounds (roughly $10 million).

Naturecan did not specify how it would satisfy the price of the acquisition.

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IAH Oregon, headquartered in Medford, previously produced the CBD used in Naturecan products, according to a news release issued Wednesday.

“Now Naturecan will ramp up production of its global supplies of CBD oils, snacks, protein supplements, vitamins and balms as well as supplying the purest CBD for other brands,” the release noted.

Naturecan touted IAH Oregon’s “industrial-scale Centrifugal Partition Chromatography (CPC) technology platform” as being capable of producing CBD distillate “with ultra low THC.”

“We will be producing hundreds of kilograms a month of CBD through our high-tech refinement methods,” Naturecan CEO Andy Duckworth said in a statement.

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Naturecan said it achieved sales

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Colorado shut out of marijuana rescheduling hearings by ‘biased’ DEA, filing alleges

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The U.S. Drug Enforcement Administration rejected a September request from Colorado officials to participate in the United States’ historic marijuana rescheduling process.

That’s one example of the “bias” that should disqualify the agency from overseeing the hearings, according to claims made in a filing submitted Monday to the DEA’s chief administrative law judge, John Mulrooney II.

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The decision to exclude Colorado, where sales of adult-use marijuana began more than a decade ago, but include authorities from states without regulated cannabis such as Nebraska and Tennessee demonstrates why the agency should be removed from the proceedings, the filing claims.

Monday’s filing is the latest effort by designated participants Village Farms International and Hemp for Victory to disqualify the DEA, which has “obstructed the rulemaking process

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7 industry predictions for 2025

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Sometime in 2025, the IRS could stop taxing state-regulated marijuana companies like cocaine kingpins.

As a bonus, licensed marijuana operators might no longer compete with mainstream retailers selling intoxicating THC products that meet the federal definition of hemp.

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Tax reform and some resolution to the civil war between marijuana and hemp are modest asks.

But a future where these longstanding problems are finally resolved would represent a dream scenario for many operators in the $32 billion state-regulated marijuana industry.

That’s a reflection of the steady advances that cannabis reform made in 2024.

The year behind

Cannabis industry progress was slow in 2024.

Congress failed to pass marijuana reform bills, and the Drug Enforcement Administration delayed reclassifying marijuana as a legitimate medicine until this

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Fight over disputed Arkansas medical marijuana permit escalates

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A long-running dispute over one of Arkansas’ medical marijuana cultivation permits is escalating after a second court found regulators improperly awarded one of the licenses.

At issue is the license awarded to Fort Smith, Arkansas-based River Valley Relief, one of eight cannabis cultivators licensed by the state.

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On Dec. 30, a Pulaski County Circuit judge ruled that state regulators issued River Valley Relief and its principal, Bennett “Storm” Nolan, a permit despite the fact his application was “fatally flawed.”

It’s the second ruling against Nolan and River Valley following a 2022 decision that also found regulators acted improperly when they “unlawfully” awarded Nolan’s business a permit.

The original suit was filed by 2600 Holdings, which does business as Southern Roots Cultivation and unsuccessfully

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