LED winds are being squandered and abandoned. Huabao Asia has stopped investing in LED lighting.

On January 13th, it was reported that Huabao Asia announced that it had planned to invest 15 million yuan to invest in a R&D, manufacturing and assembly company engaged in LED lighting products in the Mainland. Because it is not satisfied with the due diligence results of the target company, It has decided not to proceed with the possible acquisition, so it terminates the investment letter of intent.

CBD Pod System

A new rule from the Drug Enforcement Administration (DEA) threatens to upend the American hemp industry, and could even result in criminal prosecutions for manufacturers of CBD and delta-8 THC products.

The DEA says the [interim final rule," issued Aug. 20, is simply a matter of adjusting its own regulations to account for changes to the Controlled Substances Act that were mandated by the 2018 Farm Bill (or Agricultural Improvement Act) that legalized hemp and CBD production. The new rule [merely conforms DEA`s regulations to the statutory amendments to the CSA that have already taken effect," says the agency. The new rule doesn`t break any ground, according to the DEA.

But many experts on cannabis and hemp law say the DEA rule creates a potential pathway the law enforcement agency could use to prosecute hemp processors and producers of CBD (cannabidiol) and delta-8 THC (or Î”8THC) products. There are two issues: partially processed CBD, and [synthetically derived" delta-8 THC.

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