Last year was a big one for the Oregon industrial hemp program. If you recall, the state legislature enacted House Bill 4089, which provided a much needed regulatory framework for the crop and authorized its processing and sale into the Oregon Liquor Control Commission (“OLCC”) recreational market. To administer a portion of these statutory changes,…
Read moreMarijuana Stocks And A New Push For United States Supremacy
CBDFeaturedHempUncategorized January 31, 2019
Marijuana stocks remain in the market spotlight this year. The close of 2018 saw many cannabis companies fall short of stock market expectations. While some of this decline was due to insider selling, the other part had much to do with the broader market decline. Investors shed weight in higher risk equities and with cannabis […]
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Read moreSenators Push for Updates to FDA Regulation of CBD Food Products and Dietary Supplements
HempUncategorized January 31, 2019
With the passage of the 2018 Farm Bill and the proliferation of food products containing CBD, we’ve been writing extensively about how the United States Food and Drug Administration (FDA) and in particular, the United States Food, Drug, and Cosmetic Act (FDCA) apply to the interstate sale of CBD products. Unfortunately, however, we have little…
Read moreIn December 2018, Congress passed the Agricultural Improvement Act of 2018 (better known as the “Farm Bill”). Among other things, the passage of the bill removed industrial hemp from the federal Controlled Substances Act, allowing legal production of the crop. Despite this landmark legislation, pitfalls still lay on the path ahead. The legality of many…
Read moreProposed California Legislation May Allow Hemp CBD in Foods
CaliforniaHempUncategorized January 28, 2019
On January 17, 2019, California Assembly Member Cecilia M. Aguiar-Curry kept her promise and introduced a piece of hemp legislation, AB 228. This bill is aimed at paving the way for adding industrial hemp derived cannabidiol (“Hemp CBD”) to foods, beverages, and cosmetics. The text of AB 228 is relatively short and would add the…
Read moreThe FDA’s Stance on Hemp-Derived CBD as a Dietary Supplement (Part 2)
HempUncategorized January 27, 2019
This is the second installment in our series on the Food and Drug Administration (“FDA”) and hemp-derived CBD (“Hemp-CBD”). Our last post focused on the Drug Exclusion Rule, which essentially states that an article cannot be marketed as a dietary supplement if it was investigated or approved as a drug before the article was marketed as a…
Read moreThe FDA’s Stance on Hemp-Derived CBD as a Dietary Supplement (Part 1)
HempUncategorized January 25, 2019
Since the 2014 Farm Bill passed, products containing cannabidiol (“CBD”) derived from hemp (“Hemp-CBD”) have become widely popular and available in a wide range of stores and online. The Food and Drug Administration (“FDA”) has, for the most part, sat on the sidelines. The FDA has occasionally sent out warning letters to Hemp-CBD distributors who…
Read morePremier Health Group (PHGI) (PHGRF) Binding LOI to Acquire Two Operating Pharmacies in Metro Vancouver Premier Health Group (PHGI.CN) (PHGRF) (6PH.F) (the “Company” or “Premier Health”), a company focused on developing innovative approaches that combine human skill-based expertise with emerging technologies for the healthcare industry, announced today that it is moving forward with a binding […]
The post Marijuana Stocks Newsletter – Thursday January 24, 2019 appeared first on Marijuana Stocks | Cannabis Investments and News. Roots of a Budding Industry.™.
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