Industry News & Updates
Notes on FDA Public Hearing, Part 2
The second part of the hearing focused on drug interactions, regulatory suggestions, and the quality of CBD products for sale.
Some takeaways:
- We have a lot to learn about how CBD interacts with other drugs. Including how they help or hinder how prescriptions work.
- Don’t buy Diamond CBD. These product have been in the news a few times. A prominent, successful website is not a reason to purchase products from a brand.
- The level of THC in products is a concern. This matters because it can cause unintended intoxication, affect how prescription drugs work, and make people fail a drug test.
- Labeling is one of the biggest issues facing the industry. It’s also one of the best opportunities for regulatory action. To hold a brand accountable to what is on the label and to standardize the way brands present cannabinoid content on labels could bring enormous clarity to the space.
- Manufacturers would like to be compliant. One requested an auditing process that would allow them to abide certain standards and build processes around regulations.
- $30,000-40,000/acre on CBD product versus $700/acre for fiber means nearly all hemp farmers are interested in making products for consumption.
Here’s a few highlights from speaker presentations:
In case there were any questions, never buy products that look like this.
A representative from the University of Mississippi put forward regulatory recommendations.
Clean Label Project summarizes findings on product quality and labeling.
A lawyer suing marijuana companies calls Colorado a "narco state" and warns agains pot.
Consumer Reports shares data on CBD use.
