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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. increase in annual sales.

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Nevada veterinarians can now treat patients with certain cannabis products

Cannabis Law Report

The bill’s sponsor, State Assemblyman Steve Yeager, introduced the measure in February because Nevada law was unclear about whether veterinarians were permitted to administer CBD products or discuss them with pet owners. Earlier this year, Gov. Nevada voters approved medical marijuana for people by ballot initiative in 2000.

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Panacea Life Acquired by Exactus Inc.

Cannabis Law Report

Panacea Life Sciences is a woman-owned and woman-led company, dedicated to developing and producing legal, hemp-derived cannabinoid products for consumers and pets. “Our focus on quality and traceability are the hallmarks of Panacea’s seed to sale strategy. (OTCQB:EXDI) acquired Panacea Life Sciences, Inc. ,

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FDA Stresses CBD Safety Concerns in 15 Warning Letters and Revised Consumer Update

The Blunt Truth

Unlike hemp derivatives– hulled hemp seed, hemp seed protein powder, and hemp seed oil–which were added to the FDA’s Generally Recognized as Safe (GRAS) inventory, the FDA also confirmed that, at this time, CBD is not generally recognized as safe for use in human or animal food.

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Hemp-CBD Across State Lines: Florida

Canna Law Blog

A smaller but growing number of states also regulate the sale of products derived from hemp. SB 1020 provides for the creation of a plan for regulating the cultivation of hemp, pursuant to the 2018 Farm Bill, and legalizes the retail sales of hemp extract. This week we head south to Florida. percent on a dry-weight basis.

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cbdMD Signs Exclusive Agreement to Enter Israeli Market with IM Cannabis Corp.

Cannabis Law Report

The Company has also expanded its business to the retail sector with acquisitions of medical cannabis retail pharmacies and online platforms, distribution centers and logistics hubs enabling safe delivery of medical cannabis and control over the entire value chain, from seed to patients. IMC also operates MYM Nutraceuticals Inc. cbdMD, Inc.

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CBD is Everywhere – But Where Does the FDA Stand?

The Blunt Truth

The FDA has provided clarity that hulled hemp seed, hemp protein powder, and hemp seed oil can be legally used in foods. Food and Drug Administration (FDA) Commissioner Scott Gottlieb opined last week , “the CBD craze is getting out of hand. The FDA needs to act.” tetrahydrocannabidiol (THC) or less to be sold, with certain caveats.

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