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House passes CBD banking bill

By Hank Schultz

A bill that will allow companies selling CBD products to access banking services has been approved by the US House of Representatives.

Thrive Market: 'We will be working behind the scenes in the coming weeks to get hemp products back on Thrive Market' (Picture: Thrive Market)

Thrive Market halts sales of hemp-derived CBD products

By Elaine Watson

Natural products online marketplace Thrive Market has temporarily halted sales of hemp-derived CBD products after its merchant processor demanded it cease selling them amid uncertainty over their legal status, but says it is in conversations with a new...

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Gaia Herbs starts sales for its new full spectrum hemp extract

By Adi Menayang

Gaia Herbs, a leading brand of botanical supplements in terms of sales with distribution in national chains like CVS and Whole Foods Market, has started sales for its full spectrum hemp extract line on its website and will roll out across natural and...

Picture: BBB Labs

BBB Labs launches quality assurance seal for its hemp extracts

By Elaine Watson

We’re no longer in the ‘Wild West’ when it comes to hemp-derived CBD, but buyers can still get burned if they don’t do their homework, says Colorado-based BBB Labs, which has launched a quality assurance seal for its hemp extracts to reassure partners...

© Getty Images / Aleksandr_Kravtsov

'Ignorance is amok... not even the investors are asking the right questions. It’s total anarchy'

SPECIAL FEATURE: What is the regulatory status of CBD in food and beverage products?

By Elaine Watson

If you ask the FDA or the DEA if CBD (cannabidiol) is permitted in foods, beverages and supplements, the answer is a pretty unequivocal NO. If you ask the scores of companies currently selling it in everything from CBD-infused soda to smoothie kits, the...

HIA sues DEA: ‘The DEA must stop treating hemp as something illicit’

HIA sues the DEA: ‘Stop treating hemp as something illicit’

By Adi Menayang

The Hemp Industries Association (HIA) has filed a motion to hold the Drug Enforcement Administration (DEA) in contempt of court for disregarding a 2004 ruling that hemp fiber, stalk, sterilized seed and oil are specifically exempted from the definition...

Canadian algae developer pivots toward cannabis

Canadian algae developer pivots toward cannabis

By Hank Schultz

Development stage company Algae Dynamics Corp is among the latest dietary supplement firms to succumb to the allure of CBDs and other fractions of the cannabis plant.

CBD marketer goes for functional food positioning

CBD marketer goes for functional food positioning

By Hank Schultz

A new marketer of CBD products is hanging its hat on a functional food positioning and restricting claims to other ingredients in the products in an effort to find a regulatory safe harbor.

Photo: iStock/marekuliazs

Hemp food and personal care US retail sales estimated at $283 million

By Adi Menayang

According toThe Hemp Industries Association (HIA), total retail sales of hemp food, supplements, and body care products in the US in 2015 approached $283 million. With auto parts, building materials and clothing added, the figure rose to at least $573...

Pressure mounts for regulatory clarity on CBDs

Pressure mounts for regulatory clarity on CBDs

By Hank Schultz

The recent spate of FDA warning letters on the use of CBD as an ingredient in dietary supplements seems to have done little to dampen formulators’ enthusiasm for its use in new products. The situation is unprecedented in the herbal products sphere, observers...

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