The shared bicycle has already left the country and is facing the world. A few days ago, it was reported that ofo plans to launch a shared bicycle service in Paris around the end of this year. From the current situation, ofo seems to want to further consolidate its overseas markets.
In the summer of this year, ofo announced that it had obtained the operating license from the local government of Seattle, which marked the ambition of ofo to enter the US market. Today, ofo has landed in Seattle, Washington, DC and other cities. However, the US market has long been dominated by local companies such as Motivate, and its road to the United States will be extremely difficult.
Hard Bones: Foro hires Uber's former executive to specialize in the U.S. market
To this end, ofo announced yesterday that it had hired former Uber executive Chris Nakutis Taylor, who will be responsible for the operation of ofo in the United States.
Dao Wei, Founder and CEO of OFO stated: "Chris's strong background in science and technology has made him a suitable candidate for further expanding ofo both in his own entrepreneurship and Uber's tenure."
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 Δ8THC) products. There are two issues: partially processed CBD, and [synthetically derived" delta-8 THC.
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