CBD and Hemp

CBD firm CV Sciences reports 11% rise in sales

CBD firm CV Sciences reports 11% rise in sales

By Danielle Masterson

One of the pioneers of the space topped $53 million in annual revenue, but also recorded a loss as the founders cashed out. The firm also said regulatory uncertainty has increased competition as numerous small brands crowd into the field.

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FDA report on CBD seen as ‘disappointing’ recap of status quo

By Hank Schultz, Elaine Watson and Elizabeth Crawford

A report on CBD delivered by FDA Commissioner Dr Stephen Hahn, MD, was seen by food and dietary supplement industry stakeholders as offering little hope of a timely regulatory solution for the ingredient.

Picture: Getty Images/MysteryShot

The Consumer Brands Association launches CBD advisory board

By Elaine Watson

The Consumer Brands Association (formerly known as the Grocery Manufacturers Association) has launched an advisory board to provide “thought leadership and strategic oversight for the industry as it moves forward in seeking appropriate regulation of CBD.”

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