Day: April 27, 2022

EU Approves Its First CBG-Rich Hemp Variety in Plant Catalog

A new hemp variety from Italian-Dutch developer Enecta has been added to the EU catalog of common plant varieties, the first cultivar specifically bred for high cannabinoid content to appear on the official list. Rich in cannabigerol (CBG), the new breed – named Enectarol – was developed through five years of research, said Jacopo Paolini, Enecta’s founder, …

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Cannabis Cultivator’s Canopy Growth Sheds 8% of Workforce, Eyes CA$150 Million in Savings

Canadian cannabis producer Canopy Growth slashed approximately 8% of its workforce Tuesday as part of sweeping changes across the company designed to help stem recent losses and nudge the struggling company to profitability, MJBizDaily has learned. The latest round of layoffs amounts to 245 people, according to the company, and comes as Canopy struggles with falling sales …

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