Industry News

Neptune Signs Agreement to Acquire SugarLeaf Labs

May 9, 2019

LAVAL, QC, May 9, 2019 /PRNewswire/ – Neptune Wellness Solutions Inc. (“Neptune” or the “Company”) (NASDAQ: NEPT) (TSX: NEPT) today announced the signing of a definitive agreement to acquire substantially all of the assets of SugarLeaf Labs, LLC and Forest Remedies LLC (collectively, “SugarLeaf”), a registered North Carolina-based commercial hemp company providing extraction services and […]

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Senate passes legislation to legalize hemp as agricultural commodity

July 6, 2018

The Senate passed legislation on Thursday that would legalize hemp as an agricultural commodity. The bill, a key priority of Senate Majority Leader Mitch McConnell (R-Ky.), was included in a mammoth farm bill that cleared the Senate 86-11. “I have heard from many Kentucky farmers who agree it’s time to remove the federal hurdles and […]

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DEA Clarifies Stance: CBD Is Not Prohibited

June 13, 2018

The Drug Enforcement Administration confirmed this month that CBD does not fall under the CSA (Controlled Substances Act) LOS ANGELES, June 1, 2018 /PRNewswire/ — The Drug Enforcement Administration (DEA) has issued a statement further clarifying their interpretation and enforcement of the Controlled Substances Act (CSA). In their statement, they make clear the critical difference between […]

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