Filtered by tag "CBD"

By William Sumner, Hemp Business Journal Contributor Last week, Hemp Business Journal Founder Sean Murphy spoke at a Congressional briefing before the Dietary Supplement Caucus. Presenting market data and analysis, he discussed the state of the hemp and cannabidiol (CBD) markets as well as regulatory challenges facing the industry, including how the Food and Drug Administration (FDA) may [...]

By William Sumner, Hemp Business Journal Contributor Earlier this month, the cannabidiol (CBD) brand Palmetto Harmony became the first to gain certified organic status from the U.S. Department of Agriculture (USDA) for hemp flower and selectively bred seed. The official designation was made possible due to passage of the 2018 Farm Bill, which legalized hemp and hemp-derived products such as [...]

By William Sumner, Hemp Business Journal Contributor People love their pets. From specially designed baby strollers to handcrafted organic food, there is not anything that pet owners would not do to ensure their pet’s health and happiness. It is only natural, given the rise of cannabidiol (CBD) as a health and wellness product, that people would turn to the substance […]

By William Sumner, Hemp Business Journal Contributor Idaho’s state legislative session ended earlier this month with a tinge of disappointment. Despite overwhelming bipartisan support to legalize industrial hemp, the legislature was unable to pass a resolution to relax the state’s hemp ban. Adding to the frustration felt by hemp advocates was the shared inability of both the state’s House and [...]

By William Sumner, Hemp Business Journal Contributor How do you know that the hemp-derived CBD products you have purchased came from hemp and not another source? The answer is, you do not. There are no state, federal, or industry guidelines for companies selling CBD products to disclose how they source their CBD. Facing a serious problem that threatens the mass-market […]

By William Sumner, Hemp Business Journal Contributor When the 2018 Farm Bill was signed into law last year, the Hemp Business Journal (HBJ) had predicted that mass-market retailers would quickly see clear to begin carrying topical products containing hemp-based CBD. In March, the pharmacy retail chain CVS announced it would start carrying CBD products in over 800 stores throughout 10 […]

By William Sumner, Hemp Business Journal Contributor With passage of the Farm Bill last year, the landscape has changed dramatically for the hemp industry. After decades of prohibition, hemp cultivation is once again legal in the U.S., and states are looking to the crop to help boost their local economies. One such state is Wyoming, whose governor recently signed into […]

By William Sumner, Hemp Business Journal Contributor Earlier this month, the U.S. Hemp Authority (USHA)  announced 13 companies among the first to receive the organization’s quality-assurance certification seal. Claiming to ascertain high standards and promote best practices, USHA’s Certification Program aims to provide hemp farmers, processors, customers and regulators with the confidence [...]