CBD and Hemp

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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.

60-second interview: Lifeway Foods gears up for entry into CBD market

60-second interview: Lifeway Foods gears up for entry into CBD market

By Elaine Watson

After several years of strong growth driven by its core kefir business, Lifeway Foods’ revenues have plateaued at around the $120m market in recent years, while sales in the latest quarter were down 14% YoY. However, a new line of plant-based functional...

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News in brief

Sen McConnell pushes FDA to clear path for hemp-derived CBD products

By Elaine Watson

Senate Majority Leader Mitch McConnell has introduced language into a congressional spending report that would require the FDA to issue formal enforcement discretion on the sale of hemp-derived CBD products within 120 days, clearing a path for the lawful...

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