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CBD is on a Roll, but the FDA is Hitting the Brakes

MJ Business Attorneys

market for CBD continues to skyrocket and companies competing in the cannabis space become more developed, they are being held back by the slow federal regulatory response at the Food and Drug Administration. ” Curaleaf is the first multistate CBD company to receive such a notice from the FDA. CBD sales by 2023.

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CBD Market Report

Project CBD

HerbalGram, the acclaimed quarterly journal of the American Botanical Council, recently published its 2021 “Herb Market Report,” which included data on sales of CBD as an herbal ingredient in mainstream and natural retail channels in the United States. E-commerce sales of CBD in the U.S. Consumers spent roughly $31.3

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Hemp/CBD Litigation: Curaleaf Hit With Federal Class Action Lawsuit Alleging Securities Violations

Canna Law Blog

Not much later, Curaleaf found itself on the wrong side of the FDA with respect to health claims Curaleaf had made about its CBD products. ” The article explains that in response to the FDA warning letter, Curaleaf (wisely) scrubbed its website and social media accounts of health claims about its CBD products. .”

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CBD Has Been Shown to Increase Blood Flow in Regions of the Brain Linked to Memory

Veriheal

New research from the researchers at the University College London has provided evidence that the cannabis compound called cannabidiol (CBD) can increase blood flow in regions of the brain linked to memory. An example of this memory includes thinking back to your childhood pet where the memory depicts the pet bigger than it was. .

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CBD is Everywhere – But Where Does the FDA Stand?

The Blunt Truth

CBD is “thriving” in the current regulatory environment, but is it doing so illegally? Food and Drug Administration (FDA) Commissioner Scott Gottlieb opined last week , “the CBD craze is getting out of hand. Current federal law expressly allows for the distribution of hemp-derived CBD products that contain 0.3% As former U.S.

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FDA Again Warns CBD Product Manufacturer

Dykema (Cannabis Law Blog)

warning it about the labeling and marketing of its CBD products including lotion, patches, tinctures, disposable vape pen, and pet products. FDA concluded that Curaleaf’s websites, social media and other marketing material made unsupported health claims about its products, in violation of FDA regulations.

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Visit the Cannabiz Media Team at the USA CBD Expo in Atlanta

SpeedWeed

It’s been much too long since we’ve seen all of our colleagues and friends in the cannabis industry, and the Cannabiz Media team is looking forward to seeing familiar faces and new ones at the USA CBD Expo in Atlanta, Georgia on June 11-13, 2021. This is Cannabiz Media’s first in-person show in over a year, and so much has changed!

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