On Wednesday, FDA commissioner Scott Gottlieb announced his resignation, citing the toll the job takes on family life. The resignation could be a setback for the CBD industry, which is eagerly awaiting clarification from the FDA on how CBD will be regulated in the future.
Just last week, Gottlieb spoke on the future of CBD regulation, speculating on a possible timeline for a new regulatory framework as well as possible approaches to regulation. It’s unclear how his resignation will affect the process, and cannabis stocks took a hit with the new uncertainty.
This week has been a bit of a roller coaster ride for South Dakota hemp lobbyists and lawmakers.
On Tuesday, a bill to legalize industrial hemp faltered on the chamber’s floor when it was found that a simple majority was insufficient to pass it. Senators amended the bill, and on Wednesday they voted 21-14 to legalize industrial hemp in South Dakota. The outcome isn’t certain yet, as Governor Kristi Noem is opposed to the measure.
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Much ink has been spilled about the implications of the 2018 Farm Bill for the hemp industry. But what does it mean for consumers?
New York City lawmakers are fighting back against the city Health Department’s February announcement of a ban on CBD in food and drinks. Three NYC policymakers wrote a letter to the Department, conveying alarm over the “opaque nature of the process” and requesting information as to how the decision was made.
While the 2018 Farm Bill legalized hemp and hemp-derived CBD, the combination of CBD with food products has yet to be approved by the FDA. This has prompted regulatory agencies in states like New York, Ohio, and Maine to mediate how CBD is sold.
In sports news, the National Hockey League Alumni Association is teaming up with Canadian cannabis company, Canopy Growth. Both organizations have an interest in the relationship between concussions and cannabinoids, and Canopy Growth will finance one or more studies involving around 100 former NHL players.
The study will research “the interaction between cannabidiol (CBD) and the brains and behaviors of former NHL players living with post-concussion symptoms,” according to Dr. Mark Ware, Chief Medical Officer, Canopy Growth.
In Clermont, Iowa, the Fayette County Sheriff’s Office searched T’s Brick City Spa, a local seller of CBD products. They seized items from the business and issued a cease and desist order for the sale of CBD items.
The Fayette County Sheriff’s Office detailed the event on their Facebook page, saying that despite the passing of the 2018 Farm Bill, “Iowa law still holds any derivatives from the cannabis sativa plant as a Schedule I Controlled Substance and this supersedes federal law.”
Idaho lawmakers have decided to equip Idaho State Police with hemp-testing equipment. The state has yet to legalize hemp and recently ran into a legal quagmire when it seized a truckload of hemp bound from Oregon to Colorado.
Because the 2018 Farm Bill explicitly allows the transport of hemp across state lines, Idaho is being sued in federal court over the matter. Legislators argue that giving police the ability to test the amount of THC will help them avoid seizing industrial hemp in the future. Hemp is federally defined as cannabis plants with less than 0.3% THC.
Western Kentucky’s Murray State University announced a new Center for Agricultural Hemp The project will solidify Murray State’s place as one of the “leading agricultural hemp schools in the nation,” according to U.S. Rep. James Comer, R-Ky.
The center will receive significant funding from CV Sciences, the company that produces PlusCBD Oil. CV Sciences has been invested in Murray State’s hemp program since its inception in 2014. However, its status as a foundational partner will earn the company a place at the center leadership roundtable.
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