FDA said today it will have an update on a new regulatory structure for CBD by early fall. The announcement came via a press release on another warning issued to a CBD marketer making illegal disease claims.
CBD snack and beverage brand Weller has raised $3m in a funding round led by venture capital firm Brand Foundry Partners, which the company will put towards scaling up production and increasing marketing efforts to meet high consumer demand.
The US market for foods and beverages featuring hemp-derived CBD – from relaxation drinks to gummies – could be worth $2.5bn by 2023, or 10.5% of an estimated $23.7bn market for CBD products (spanning everything from pharmaceuticals to petfood), predicts...
CBD-infused beverage brand Sweet Reason has raised $2.5M in a seed round led by New York venture capital firm Lerer Hippeau, with participation from RiverPark Ventures, Max Ventures, Subversive Capital, and angel investors.
Colorado has convened a commission to formulate an agricultural plan for the cultivation of industrial hemp in the state. A longtime supplement and natural foods industry consultant is among the participants.
Oregon Sen. Ron Wyden has put further pressure on FDA with a letter requesting a formal announcement of enforcement discretion on the CBD question while a more permanent regulatory solution is hashed out.
California-based Green Gorilla has acquired two farms (through its subsidiary Gorilla FarmCo), totaling 1,510 acres of organic farmland, to expand its vertically integrated 'seed to shelf' line of CBD products.
An amendment advocated by the Natural Products Association that would earmark funds for CBD regulation was including in the final version of the 2019 appropriations bill passed by the US House of Representatives.
Supplementation with a hemp-derived, CBD-rich extract for six weeks led to significant improvements in sleep and reductions in appetite, according to results of a randomized clinical trial in healthy adults.
CBD and other cannabinoids produced via fermentation can deliver the purity and reliability that the market is looking for at a lower price, claims Amyris, which is aiming to introduce its first products next year following a partnership with a newly...
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...
CBD and THC are not the only buzz-worthy ingredients derived from hemp, according to Chad Rosen, founder of Victory Hemp Foods, who touts the plant’s seeds, which are packed with high quality protein and healthy fats, as an equally important “profit center”...
The CBD market is exploding with the ingredient popping up in everything from bars to beverages to confections and everything in between – driving up sales to more than $200 million in 2018 by conservative estimates and an expected $3.8 billion by 2025,...
Plant-based meat, dairy and egg alternatives got top billing at the IFT annual meeting and expo in New Orleans this year, while hemp-derived CBD also made its debut, regulatory uncertainty notwithstanding... Check out part 1 of our gallery of highlights...
The United Natural Products Alliance (UNPA) has signed a memorandum of understanding (MOU) with the Phoenix-based Hemp Industries Association (HIA). The agreement is an effort to advance hemp extract product research, safety, identity and quality standards.
