CBDigest | Caliva's $75 Million Investment, Austria Forbids the Sale of CBD and Expansion of the CBD Beauty Market In The UK

Caliva HQ | Photo by Scott Oller

Caliva HQ | Photo by Scott Oller

 

Former Yahoo CEO And Super Bowl MVP Invest $75 Million In California Startup For ‘Cannabis Curious’ (Forbes)

“On Thursday, San Jose-based cannabis marketplace, Caliva closed $75 million in funding from investors that include former Yahoo and Autodesk CEO, Carol Bartz, and three-time Super Bowl MVP, Joe Montana. Caliva’s first round will go toward expanding production of the cannabis retailer’s recreational products which include marijuana flower vape cartridges and beverages.”

Austria: Decree forbids sale of CBD products (LEXOLOGY / Schoenherr)

“It was foreseeable that the Austrian government would take up the fight against CBD, as it had already announced it would do so in its programme. Nevertheless, many companies with CBD products in their portfolio were surprised when the Ministry issued a decree stipulating the handling of extracts containing cannabinoids.”

Holland & Barrett launches CBD-infused cosmetics range (CosmeticsDesign-Europe.com)

“In a sign that the European market may be ready for the rising cannabis-related skin care products that has been sweeping the US, Eos Scientific has launched their Ambience range across the UK.”