Senators Wyden and McConnell Press for Hemp Industry Banking Services

Shortly after the 2018 Farm Bill passed, legalizing industrial hemp, we predicted that banking services for hemp businesses would be slow going. That has proven to be the case. For this reason, a bipartisan pair of U.S. Senators, Sen. Ron Wyden (D-OR) and Senate Majority Leader Mitch McConnell (R-KY), sent individualized letters to four federal…

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FDA Enforcement Priorities for CBD Products: We Can Roll With That

Last week, we explored whether the addition of hemp-derived cannabidiol (CBD) to food and beverages is actually unlawful, notwithstanding FDA policy. In that article we explained that we hadn’t seen much in the way of FDA enforcement, and that we “believe that FDA will likely continue to act where people make health claims that violate the…

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BREAKING NEWS: FDA Issues More Guidance on CBD Products

On April 2, 2019, the federal Food & Drug Administration (“FDA”) Commissioner Scott Gottlieb issued a press release on hemp and hemp-derived cannabidiol (“Hemp CBD”). This is Gottlieb’s first major official press release since the now infamous December 20, 2018 press release which came just hours after the 2018 Farm Bill passed. In that December 20 press…

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FDA Suggests Congress Holds the Key to Legalizing CBD-Infused Foods

During a recent interview with the Brookings Institution, Scott Gottlieb, the departing head of the Food and Drug Administration (“FDA”), explained it would take several years for the agency to come up with rules that would legalize the use of hemp-derived cannabidiol (Hemp-CBD) in food products, unless Congress steps in. Gottlieb acknowledged the strong interest…

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Going Postal: USPS Provides Guidance on Mailing Hemp-CBD

Recently the United States Post Office (“USPS”) issued an advisory on “Acceptance Criteria for Cannabidiol (CBD) Oil and Products Containing CBD.” Those criteria are as follows: 1. A signed self certification statement, subject to the False Statements Act (18 U.S.C. § 1001). Statements must be printed on the mailer’s own letterhead, must be signed by…

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Are CBD Food and Drinks Really Not Legal? Really?

We advise some of the largest companies in the U.S. on hemp-derived cannabidiol (hemp-CBD) products. Those companies are filled with lawyers, and the lawyers have many specializations. Most of them, however, have little or no familiarity with hemp-CBD, and that is why they reach out and hire us. In the preliminary emails and phone calls,…

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California Just Got Closer to Allowing CBD in Foods and Licensed Cannabis Facilities

Our California hemp lawyers have been getting pummeled with questions about the legality of industrial hemp derived cannabidiol (“Hemp CBD”) ever since the 2018 Farm Bill was signed in January (and especially since our recent hemp and Hemp CBD webinar). One of the most frequent questions we receive is whether CBD is a lawful additive…

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Hemp Stakeholders Share Their Thoughts with the USDA

Last week, the U.S. Department of Agriculture (“USDA”) held a public meeting during which hemp stakeholders shared their opinion on the promulgation of rules to regulate the crop. Pursuant to the 2018 Farm Bill, which legalized hemp by descheduling the crop under the Controlled Substance Act, the USDA is tasked with overseeing and regulating the…

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It’s Friday! Here Are Today’s Top Stories For March 22, 2019

Next Green Wave Holdings Inc. (NGW) (NXGWF) Nursery Botticelli(TM) Research & Development Program Begins Next Green Wave Holdings Inc. (CSE: NGW) (OTCQB: NXGWF) is pleased to announce that is has begun the optimization phase of the strategic licensing agreement with Intrexon Corporation (NASDAQ: XON) to utilize Intrexon’s Botticelli™ next generation plant propagation platform to enable rapid production […]

The post It’s Friday! Here Are Today’s Top Stories For March 22, 2019 appeared first on Marijuana Stocks | Cannabis Investments and News. Roots of a Budding Industry.™.

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ParcelPal (PTNYF) (PKG.C) Achieves Milestone of Two Million Deliveries

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VANCOUVER, British Columbia, March 21, 2019 /CNW/ — ParcelPal Technology Inc. (“ParcelPal” or the “Company”), (CSE: PKG) (FSE: PT0) (OTC: PTNYF) – is pleased to announce that the company has achieved a major milestone of completing more than 2 million deliveries. This significant achievement shows the growth and further validation that ParcelPal is well on […]

The post ParcelPal (PTNYF) (PKG.C) Achieves Milestone of Two Million Deliveries appeared first on Marijuana Stocks | Cannabis Investments and News. Roots of a Budding Industry.™.

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