CBD Products & CBD Business News

Colorado designates hemp a food ingredient to prevent drug crackdown

Colorado became the first state to designate hemp as a food product, a change designed to safeguard manufacturers who add hemp extracts to foods and cosmetics. The law also states that federal drug authorities may not interfere with the sale of nonpharmaceutical cannabis extracts.

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CBD’s legal status remains a conundrum – even for the DEA

Less than a month after a court decision upheld the U.S. Drug Enforcement Agency stance that CBD is an illegal drug made from marijuana, the agency released a statement clarifying its position and separating hemp-derived cannabidiol from its enforcement.

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CBD import deals pick up in Canada ahead of new regulations

Canada’s cannabis industry isn’t waiting for looming regulatory changes that will permit companies to process domestically grown hemp flowers for CBD extraction. To capitalize on the current boom in cannabidiol products, Canadian companies are turning to imported CBD.

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CBD manufacturer signs deal to get product in 7-Eleven stores

One of the nation’s best-known convenience store chains, 7-Eleven, could carry CBD products in up to 4,500 franchise locations across the United States by the end of 2018.

Phoenix Tears, a Denver company that makes hemp-derived CBD oils and oral sprays, announced the distribution deal Tuesday.

The Denver company made the 7-Eleven deal with the help of MarketHub Retail Services, a distributor that works with 7-Eleven franchisees.

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Texas backs off CBD ban, but keeps option open

The Texas Department of State Health Services is pausing its proposal to ban over-the-counter CBD food products and supplements, according to the Austin American-Statesman. The agency now says it will delay implementing the CBD ban until it consults with law enforcement about the legality of cannabidiol.

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Australia issues CBD, hemp warning over illegal safety claims by US firms

Australian health authorities issued a warning about CBD and hemp products made in the United States, saying that some companies are illegally exporting CBD to Australia and claiming the products have been found safe – even though they have not been reviewed. In a consumer alert issued Monday, Australia’s Therapeutic Goods Administration (TGA) said “companies located […]

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