Despite the interruption in civil litigation prompted by the COVID-19 pandemic, “more new class action lawsuits were filed against the food and beverage industry—220* cases [+23% vs 2019]—than in any other year of the past decade,” according to an analysis...
The CBD beverages space is not for the faint-hearted given the regulatory minefield brands have to navigate, but Isca is hoping to bring a more culinary twist to the nascent category with the assistance of British Michelin-starred Chef Michael Caines.
The CBD/hemp markets, both in finished goods and on the supply side, are in a state of transition, attendees at an industry event learned on Friday. The message was that some growers and some finished product marketers are likely to fall by the wayside...
Colorado-based ValidCare has announced the preliminary findings from its industry-sponsored, decentralized human safety study of hemp derived CBD products, with the data indicating no liver toxicity.
The US Hemp Authority has released the latest version of its certification standard whose aim is to promote best practices and heighten transparency among hemp companies.
The Hemp and Hemp-Derived CBD Consumer Protection and Market Stabilization Act has been re-introduced in the US House of Representatives with the aim of making hemp and hemp-derived CBD a dietary ingredient in dietary supplements.
The White House Office of Management and Budget pulled six FDA guidances and rules from its review, including the proposal "Cannabidiol Enforcement Policy; Draft Guidance for Industry" — handing the CBD industry yet another setback.
For food & supplement brands hoping 2021 might be the year the FDA unveils a long-awaited regulatory framework for CBD, its Jan 7 progress report citing the need for more safety data does not provide much encouragement, with the Council for Responsible...
More good news for the CBD industry. The European Commission has abandoned its plans to classify non-synthetic CBD a narcotic and resumed Novel Food applications for edible CBD products.
The Federal Trade Commission unveiled an enforcement action today against six sellers of CBD products that it alleges have been making unsubstantiated disease treatment claims. FTC has levied more than $246,000 in fines in the cases.
Europe’s CBD market is optimistic a ruling from the EU’s highest court not to classify the ingredient a narcotic – going against the European Commission’s shock preliminary view in July – will pave the way for Novel Food applications for CBD products...
Joe Biden’s presidential victory projected this weekend could open the door for the CPG industry to play a more dynamic role in America’s economic revival, including shaping new consumer protections and food safety measures, as well as pursue a more industry-friendly...
Proposed rules regulating the sale of ingestible products containing hemp-derived cannabinoids in New York have been hailed as “pragmatic” and “rational” by brands attempting to navigate the regulatory minefield in the absence of federal regulations.
The US Food and Drug Administration has announced a virtual public meeting to explore the potential sex (biological) and gender (psychosocial) differences in use and responses to cannabidiol (CBD) and other cannabinoids.
Rep. Kurt Schrader (D-OR) and Rep. Morgan Griffith (R-VA) have introduced the Hemp and Hemp-Derived CBD Consumer Protection and Market Stabilization Act of 2020 to allow hemp and hemp derived CBD to be legally marketed in dietary supplements.
The hemp/CBD industry may have gotten the cart before the horse in terms of extraction capacity and raw material supply, said an investment analyst familiar with the sector.
The US Food and Drug Administration may be willing to sit down with a company about a possible NDI submission for full-spectrum hemp extracts, says Steve Mister, president and CEO of the Council for Responsible Nutrition (CRN).
The US hemp-derived CBD market (spanning everything from drinks and supplements to pharmaceuticals and petfood) is projected to rise 14% to $4.7bn in 2020, predicts a new report from Brightfield Group.
An amendment to a military funding bill would make it possible for military personnel to openly use hemp/CBD products for the first time. While advocates welcome the development, there is little prospect that CBD products will become part of standard...
The United States Trademark Trial and Appeal Board (TTAB) recently issued a precedential decision that would control future rulings on whether a company could register a trademark for a dietary supplement or food containing cannabidiol (CBD).
An FDA report on the CBD marketplace reveals that many of the products tested contain THC that was not identified on the labels. In addition, a majority of the products did not meet label claim for CBD content, with either too little or too much CBD.
With the regulatory path forward for hemp-derived CBD in foods and supplements no clearer a year after the FDA’s May 2019 public meeting, trade association The Council for Responsible Nutrition (CRN) has filed a citizen’s petition urging the FDA to regulate...
A group of hemp/CBD purveyors have teamed up with a clinical research firm to conduct a large scale study to provide the safety data that the US Food and Drug Administration says it lacks.
MycoTechnology – which is building a functional ingredients platform utilizing mycelia, the filament-like roots of mushrooms - has raised $39m in a series D financing round from investors* including plant-based meat specialist Greenleaf Foods to Tyson...
The FDA says it has made “substantial progress” in forging a regulatory path for ingestible CBD products, but has given no indication of when it might provide food and supplement makers with more clarity.
Bolthouse Farms – a fresh food business specializing in packaged carrots and juices, smoothies and dressings – has discontinued its premium organic cold pressed juice brand 1915 amid declining sales, but says it is enjoying a strong uptick in sales of...
Several high-profile lawsuits challenging the legal status of CBD products have been stayed (effectively put on ice until the FDA outlines a regulatory path forward for CBD in foods & supplements) or voluntarily dismissed in recent weeks.
Which delivery formats for CBD are most successful at Vitamin Shoppe? How do you market a CBD beverage? And what will distinguish the winners from the losers in this nascent market? Checkout what our panel of experts had to say in our May 20 Where next...
New claims creeping into the hemp/CBD space are indicative of the some of the unsolved regulatory issues that continue to distort the market. These include claims of ‘zero THC’ and ‘no CBD isolate.’
Hemp-infused beverage brand Recess (strapline: ‘calm, cool, collected’) has launched a new direct-to-business wholesale online platform and an updated direct to consumer site to make it as easy as possible to get the product into people’s hands.
How is COVID-19 impacting the hemp-derived CBD market? Are consumers turning to CBD to address anxiety during these times, or when it comes to functional foods, beverages and supplements, are they more likely to spend money on products they believe have...
A new survey out by the Natural Products Association (NPA) zeros in on the natural products industry and offers some insight into what the Paycheck Protection Program (PPP) process entails.
Continued uncertainty over the regulatory status of hemp-derived CBD is a bigger roadblock for food and beverage brands than COVID-19 to market growth this year, say startups, but there are still opportunities to grow while they wait for the FDA to weigh...
A lawsuit alleging CBD American Shaman falsely advertised its wares as containing no heavy metals “raises more questions than it answers,” says one attorney. But it also highlights the challenges facing CBD firms looking to differentiate themselves from...
The state of Texas has proposed rules for consumable hemp products that specify processing, testing, labeling and registration requirements. While the rules are characterized as reasonable and well thought out, they represent another patch in a state-by-state...
“Three months ago, everyone was focused on the next wave of CBD users, people that haven’t tried CBD yet, but I really think it’s those heavy users, those core users, that are going to be driving this market over the next few months,” predicts the managing...
While developing new products during a pandemic presents obvious challenges, food and beverage companies remain bullish about the potential for products featuring hemp-derived CBD, says Seattle-based SōRSE Technology, which supports brands looking to...
Consumers seem to be turning to hemp and cannabis products during the current crisis, which has buoyed the near term outlook for Curaleaf, one of the largest companies in the sector, which posted strong revenue growth in its recent annual report.
Regulatory uncertainty coupled with the fact that retailers are not focused on onboarding new brands right now make this a tough time for new CBD brands. However, e-commerce sales of hemp-derived CBD have spiked, while a new survey from Brightfield Group...
CBD firm Charlotte’s Web reported $94.6 million in revenue in its annual report and announced an acquisition that expands its distribution into topical products.
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.
Ingredients supplier Prinova has entered a partnership with CBD ingredient manufacturer, Open Book Extracts, to launch a line of water-soluble CBD ingredients.
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.
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