Washington, D.C.—Four trade associations representing the natural products and dietary supplements industries sent Congress a letter on Tuesday, asking them to take legislative action to clarify the legal status of hemp-derived CBD dietary supplements. The trade associations included the American Herbal Products Association (AHPA), the Consumer Healthcare Products Association (CHPA),...
New York, NY—Nielsen and Charlotte’s Web Holdings, Inc. have entered into an analytic relationship, according to a press release, with the intention of guiding the U.S. retail market for consumer packaged goods companies through the evolution of the CBD space. The release says that “this relationship will provide unprecedented visibility...
Rockville, MD—A new report from Packaged Facts estimates that U.S. retail sales of pet treats will reach $6.7 billion by the end of 2019, up from $6.5 billion last year, according to a press release. The main drivers of the market: human-food treats and CBD. David Sprinkle, Research Director for...
Payments processor Square is making its services available to more businesses that sell cannabidiol (CBD) products, according to Forbes. Square said in a blog post: “We believe everyone should be able to participate and thrive in the economy. Today, we’re thrilled to launch our CBD early-access program, which allows businesses...
Los Angeles, CA--The cannabidiol (CBD) product line formulated exclusively for women, Winged, has donated $25,000 to MOSTe, a community-based mentoring, scholarship, and college-access organization that encourages young women's education and success. Through the Winged Woman Scholarship program, the brand is offering five, $5,000 scholarships to young women which will directly...
Atlanta, GA—The Arthritis Foundation has just released the first CBD guidance for adults with arthritis, according to a press release. The release notes that there is no federal oversight of cannabidiol (CBD) products, a lack of scientific evidence, and uncertainty regarding its legality—but Cindy McDaniel, SVP of Consumer Health and...
Washington—New Frontier Data, in collaboration with Vote Hemp, released The U.S. Hemp Market: 2019 State Rankings, a report examining the current state of hemp cultivation in the United States. Giadha Aguirre de Carcer, CEO and Founder of New Frontier Data, summarized the findings in a press release: “The 29 U.S.
Washington, D.C.—The U.S. House of Representatives voted to allow financial institutions the opportunity to provide services, including extending credit, to CBD-related businesses, according to a press release from the Natural Products Association (NPA). NPA worked with Rep. Andy Barr (R-MD) to include language in the Secure and Fair Enforcement Banking...
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Continuing our talk with Elan M. Sudberg, CEO, Alkemist Labs, and Jesse Miller, Ph.D., Director, NSF International Applied Research Center, we take a closer look at what labs can offer. One thing that is new to many—and crucially important: Testing products that contain cannabis-derived phytocannabinoids. “Quickly growing and capturing much...
