The fast-growing CBD industry has a problem: It’s bedeviled by dangerous lookalike products and scary warnings from top medical journals and the U.S. Food and Drug Administration. Even as CBD enters the mainstream, enabled by the 2018 Farm Bill, the industry lacks specific regulations to help consumers and authorities... Read more
Charlotte’s Web Holdings is looking for a new CEO as it brings on a marketing expert from the world’s largest beverage maker to chart new growth plans. The CBD manufacturer announced Thursday that it had hired Eugenio Mendez, a former vice president of The Coca-Cola Co. who focused on global... Read more
(This is an abridged version of a column that appears in the November-December issue of Marijuana Business Magazine.) Hemp is making strides faster than activists dreamed even a couple of years ago. Farmers are planting thousands of acres. Processors are adding warehouse space to accommodate ever-increasing orders for CBD extracts. Retailers are... Read more
A CBD American Shaman store south of Omaha received a cease-and-desist letter from a local prosecutor ordering the removal of cannabidiol products by the end of next week. The order comes despite the fact that hemp-derived CBD is no longer a controlled substance under federal law. However, Nebraska state law... Read more
Kentucky is first in line to request federal approval of its hemp regulations. State Agriculture Commissioner Ryan Quarles submitted Kentucky’s rules Friday, a day after President Donald Trump signed the 2018 Farm Bill. “Hemp growers, processors and manufacturers deserve swift action so they can proceed with confidence,” Quarles told Bowling... Read more
In response to hemp legalization being signed into law Thursday, the U.S. Food and Drug Administration issued a reminder that CBD and THC are still not legal to add to food – but promised further review of its guidelines. “It’s unlawful to introduce food containing added CBD or THC into... Read more
Austria’s Minister of Health ordered businesses to immediately stop selling CBD food and cosmetics because the products fall under the European Union’s definition of “novel food.” Cannabidiol is explicitly included in the EU’s novel food catalog, which means individual member countries may limit the marketing and sale of it without... Read more
President Donald Trump has signed hemp legalization into law, a change expected to unleash seismic market changes for the hemp industry. Trump’s signature on the 2018 Farm Bill immediately removes hemp – defined cannabis below 0.3% THC – from the Controlled Substances Act. The change also applies to extracts... Read more
A manufacturer making topical pain relievers with hemp-derived CBD plans to distribute its products nationwide through a network of independent drugstores, a deal announced in advance of expected Farm Bill approval by President Donald Trump in coming days. Leading Edge Pharma of Henderson, Nevada, announced Monday that its Cannavera... Read more
Alabama has changed course and authorized hemp-derived CBD production and sales, citing the pending Farm Bill that removes the plant from the Controlled Substances Act. The state’s attorney general, Steve Marshall, issued the legal interpretation last week as Congress was finishing debate on the 2018 Farm Bill, which now... Read more
