FDA has sent three companies marketing CBD products warning letters over disease claims. The warnings are the first issued under FDA’s de facto ‘enforcement discretion’ policy, which will be discussed at a meeting on CBD set for the end of May.
Regulatory hurdles notwithstanding, investors and judges at Rabobank’s FoodBytes! event in San Francisco last week were fairly bullish about hemp-derived CBD (cannabidiol), and predicted that while the market has moved ahead of the science, this will...
60-second interview: Mike Mauzé, founding partner, VMG Partners
If you walk into someone by mistake as you push through the crowds at the Natural Products Expo West show these days, you are just as likely to find yourself apologizing to an investor as a retail buyer searching for hot new brands. But what does all...
Weller, a Boulder-based snack and beverage company, is not tip-toeing around using the word 'CBD' on its packaging as it launches a line of sparkling waters featuring 25mg cannabidiol (from full spectrum hemp extract).
Fermentation: A pathway to 'superior cannabinoids at significantly reduced cost'?
CBD (cannabidiol) produced via fermentation could hit the market early next year following a partnership between synthetic biology expert Amyris, and LAVVAN, Inc., a newly-formed company committed to “providing the market with superior cannabinoids at...
Growpacker Inc., a contract manufacturer of THC- and CBD-infused edibles and beverages based in Canada with a presence in the US market, has launched a brand incubator and accelerator program designed to fast-track CBD and THC brands sold in California.
'What we're wrestling with is whether CBD is an ingredient play, or something huge brands can be built around'
The fact that CBD is not a legal ingredient in foods and supplements - at least not yet - did not deter scores of exhibitors at Expo West, who added it to everything from soda to protein bars (absent any claims), with some opting for isolates, but most...
The advocates for the reformation of the regulation of hemp derivatives in nutritional products were clinging to the hope that the abrupt resignation of FDA Commissioner Dr Scott Gottlieb will not mean the initiative will be stillborn.
Stakeholders from the dietary supplements and food industries have been reacting to the resignation of Scott Gottlieb, MD, with many pushing for the Agency to follow through on the key initiatives started during his leadership.
US sales of beverages infused with hemp-derived CBD are predicted to reach $600m in 2019, and approach $1bn in 2020, with water accounting for two thirds of the market, predict analysts at Cowen, which believes that “US CBD can conservatively generate...
FDA Commissioner Dr. Scott Gottlieb said the agency is planning a public meeting in April to initiate a rule making procedure on CBD. The goal is to create “an appropriately efficient and predictable regulatory framework for regulating CBD products,”...
Canadian cannabis specialist Tilray is to buy Manitoba Harvest – the world’s largest hemp food manufacturer - from Compass Group and other shareholders in a deal that could be worth up to C$419m (US$317m).*
While some retailers are more cautious than others about using the term 'CBD,' many leading food and drugstore chains are actively exploring building dedicated segments in store devoted to hemp/CBD following the passage of the 2018 Farm Bill,...
What is piquing the interest of food & beverage investors as we approach Expo West? Not surprisingly, CBD is high on the list, along with brands disrupting the kids’ food category, according to New York based venture fund AccelFoods.
Oregon-based Socati has raised $33m in a funding round (following $9m in seed funding) to scale its proprietary separation and extraction technology that ensures a 0.0% level of THC in its full (also referred to as 'broad') spectrum hemp extract.
CBD (cannabidiol) isolates are off the menu for food, beverage and supplement companies until the FDA lays out some kind of regulatory pathway. But are ‘broad spectrum’ hemp extracts legal in all 50 states following the passage of the Farm Bill? And if...
Launching online and in Erewhon and Lazy Acres stores in Los Angeles this month, Lumen hemp elixir is a HPP (high pressure processed) superfood shot with a 60-day shelf life featuring cold pressed hemp juice and on-trend ingredients such as ashwagandha...
The FDA recently reiterated that adding CBD to foods or supplements is illegal, regardless of the new hemp provisions in the Farm Bill, as it was first investigated as a drug. However, it is now “taking new steps to evaluate” whether to issue regulations...
While some commentators predict hemp-derived CBD (cannabidiol) could burn brightly and then fizzle out if consumers lose interest and plaintiff’s attorneys challenge product claims, the fact remains that consumers are buying it, and coming back to buy...
