hemp
NJ Lawmakers Propose Access to Financial Services for CBD Companies
Companies producing and selling hemp-derived CBD products would have access to essential banking services under new legislation introduced yesterday in the New Jersey State Senate. The legislation, introduced by State Sen. Robert W. Singer (R-NJ-30), would clarify that banks and credit unions will not be penalized by state regulators for working with legitimate hemp businesses. The ...
ChromaDex Launches New Line of High Purity CBD Reference Standards
ChromaDex Corp. (Los Angeles, CA) has announced the expansion of its industry-leading reference standards business with a new line of cannabinoid (CBD) reference standards available to researchers across the globe. These new materials are for laboratory use only, not for human consumption. “In the CBD space, we see an abundance of misinformation and a dearth of ...
House Passes Hemp and Cannabis SAFE Banking Act
The Secure and Fair Enforcement Banking (SAFE Banking) Act of 2019, H.R. 1595, first introduced in 2017 and reintroduced in March 2019 by Rep. Ed Perlmutter (D-CO), was officially passed by the U.S. House of Representatives yesterday afternoon by a vote of 321 to 103. The hemp and cannabis industries have had to operate through ...
NSF Brings Scientific Testing, Auditing and Certification to the Hemp and CBD Industry
NSF International has announced it is providing a wide variety of independent testing, verification, auditing and certification services to manufacturers of consumer products containing hemp and hemp-derived cannabidiol (CBD). NSF subsidiary Quality Assurance International, Inc. (QAI), a USDA (U.S. Department of Agriculture)-accredited organic certifier, began offering organic certification of hemp and hemp-derived CBD products last month. Hemp ...
CBD Developments in the Food and Beverage Industry
The Agriculture Improvement Act of 2018, commonly referred to as the Farm Bill, dramatically altered the landscape for companies seeking to grow, market, distribute and sell products containing hemp and its derivatives, including CBD (cannabidiol). CBD has no psychoactive properties, unlike THC (tetrahydrocannabinol), the other primary commercially viable cannabinoid found in the plants of the ...
Colorado Governor Charts Course for CBD and Hemp Innovation
Colorado Governor Jared Polis rallied more than 200 hemp farmers, manufacturers, producers, retailers, and industry professionals during his keynote address to the American Herbal Products Association (AHPA) Hemp-CBD (cannabidiol) Supplement Congress held earlier this month. No stranger to CBD and hemp legislation, Polis called for action for an easier hemp licensing application process, which he ...
Washington and the Natural Industry … Continued
Nutrition Industry Executive asked Karen Howard, CEO and executive director, Organic and Natural Health Association, Washington, D.C. (https://organicandnatural.org/), the following question: NIE: In late 2018, the Agriculture Improvement Act of 2018—the Farm Bill—passed. While it has provisions that some decry and some praise, certainly one major part of it was inclusion of the Hemp Farming ...
New Farm Bill Ends Era of Hemp Prohibition, but Supplements Get Dropped From SNAP Program
President Trump has signed the 2018 Farm Bill, including the provisions which legalize the domestic cultivation, production, and commercial development of hemp, and hemp products at the federal level. This action comes after the Senate passed the legislation on Dec. 11 and the House of Representatives a day later. The National Sustainable Agriculture Coalition (NSAC), ...
Schumer Joins McConnell to Endorse Hemp Farming Act
Senate Minority Leader, Charles E. Schumer (D-NY), has announced his support for the Hemp Farming Act of 2018. By officially cosponsoring the Hemp Farming Act of 2018, Schumer has signaled an important partnership with his Republican counterpart, Senator Mitch McConnell (R-KY) the Senate majority leader, who is the primary sponsor of the bill. Schumer said the bill could ...
Protein Demand
Whether animal or plant, consumers’ appetite for protein is driving innovative formulations. A 2015 Market Update from Batory Nutra (Des Plaines, IL) reported that in 2015 and beyond, natural product formulators understand that a consumer’s appetite for protein doesn’t stop at the supplement store, and two thirds of people say they aim to consume moderate ...
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