Following a Biden administration memo to all federal agencies directing them to withdraw pending rules, the Federal Drug Administration (FDA) has withdrawn its "Cannabidiol Enforcement Policy; Draft Guidance for Industry." The Guidance was at the Office of Management and Budget (OMB) awaiting review. The memo explained that the action is...
Denver, CO—HempFusion Wellness Inc. announced that it has received USDA Organic Certification for its line of CBD tinctures. “Our team has worked meticulously to earn USDA Organic Certification, which supports our commitment to providing consumers with premium and differentiated CBD products as well as new potential distribution points,” said Jason...
Vancouver, WA—A new study has confirmed the safety of a combination of MSM and cannabidiol-rich cannabis extract (CRCE) in an animal model, according to a press release from Bergstrom Nutrition. The study, published in the International Journal of Molecular Sciences, notes that CBD does pose some risks, mostly in terms...
As the dust settles after the election, industry members are discussing what the results mean. Boston, MA-based Ceres congratulated President-elect Joe Biden and Vice President-elect Kamala Harris. Ceres CEO and President Mindy Lubber said in a press release: “Today’s election results are a win for our health, our planet, our...
San Diego, CA—CV Sciences has announced financial results for the third quarter 2020 ended September 30. A press release notes a decrease in sales due to COVID-19 and several brand launches. Highlights include: Revenue of $5.6 million for the third quarter of 2020, a decrease of 56% from $12.6 million...
Washington, D.C.—The Natural Products Association (NPA) is raising concerns over proposals from the Drug Enforcement Agency (DEA) that could place U.S. hemp and CBD manufacturers at a disadvantage to foreign competitors, according to a press release. The release cites the proposed rule as saying: “a cannabis derivative, extract, or product...
Green Roads has introduced new plant-based CBD sleep products. The lineup includes: CBD Sleep Capsules 30 ct, Green Roads Sweet Sleep Formula, a liquid tincture made with melatonin and added CBD and CBN oil, in a 30ml bottle; Green Roads Sweet Sleep Nightly Doses, single servings of the Sweet Sleep...
Washington, D.C.—NPA has partnered with Jefferies, Oppenheimer, and Think Equity in an invitation-only conference hosted by cbdMD, according to a press release. The press release notes that state laws and FDA inaction have muddled the cannabidiol (CBD) marketplace. To clarify the landscape, the conference—“Regulatory Roadmap for the CBD Industry”—will focus...
The demand for and surge in CBD products that promote wellness, combined with an all-time high use of dietary supplements in the U.S., have underscored the importance of national leaders providing greater clarity and certainty around the usage of hemp-derived CBD in dietary supplements for both consumers and those working...
Charlotte’s Web CBD has launched a topical line collection including a cream, a balm, a balm stick, a gel and a roll-on. Each product is made with the company’s regeneratively grown hemp and contains 300mg CBD per ounce. All products are formulated without the following: animal testing, eight major allergens,...
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