The U.S. Food and Drug Administration is warning the company of former NFL player Kyle Turley to stop claiming that CBD is an effective treatment for coronavirus. In a letter dated Tuesday, the FDA ordered Turley’s company, Las Vegas-based NeuroXPF, to stop “misleadingly representing your products as safe and effective for a COVID-19-related use …” […]
Ongoing CBD review by the U.S. Food and Drug Administration shouldn’t mean that CBD makers can’t face labeling lawsuits, a federal judge in Florida ruled. The ruling means that Diamond CBD of Fort Lauderdale cannot await FDA guidelines before facing a 2019 allegation that it misrepresented the amount of CBD in its products. U.S. District Judge […]
Call it a benefit of being on the legal side of the cannabis business. Legal hemp businesses are eligible for emergency loan assistance and other lifelines included in the $2.2 trillion economic stimulus signed into law last week to hold off economic devastation from the coronavirus pandemic. You can apply for Economic Injury Disaster Loans […]
BRN Group, a New York-based branding company, says it is still interested in buying the CBD business of Green Growth Brands, an Ohio-based retailer that announced in late February that it planned to sell most of its interest in a line of mall kiosks selling hemp-derived CBD products. However, the potential sale of the business […]
A CBD store in Texas has started a drone delivery service to adhere to social distancing measures to help slow the spread of the coronavirus. John Elmore, the owner of Green Cross CBD in Austin, told broadcaster KTBC that he was sterilizing products and offering curbside pickup before he started drone deliveries. “I was able […]
Canada’s national hemp-promotions association is asking seed breeders to submit new varieties for testing in 2020, with an eye toward sending more low-THC varieties to Health Canada for approval. The Canadian Hemp Trade Alliance told members Tuesday that it wants to test at least nine new seed varieties in 13 different regions. The group plans to […]
Kristen Nichols is the editor of Hemp Industry Daily. (This is an abridged version of a column that appears in the March issue of Marijuana Business Magazine.) It’s hard not to laugh some days at the onslaught of novel CBD products. Folks are advertising the cannabinoid in a head-scratching array of products, from sports bras to suppositories. It’s […]
“Claims about the benefits of using CBD on viral infections were largely supported by CBD online retailers and most often appear to be a biased interpretation of the scientific literature or a dishonest manipulation of the information for commercial purposes.”
Colorado-based CBD maker Charlotte’s Web has named a new chief operating officer to replace Stephen Lermer, who left the company Jan. 31. The Boulder company said in a release that David Panter is its new COO, effective Monday. Charlotte’s Web said Panter has more than 20 years of “global supply chain experience” at businesses including […]
Hemp production is legal in South Dakota after a year-long battle between Gov. Kristin Noem and lawmakers. Noem signed the industrial hemp production bill Friday, which takes effect immediately and includes $3.5 million to set up South Dakota’s state production program. South Dakota farmers will have to wait to produce hemp until the state receives U.S. […]
