CBx Daily Digest

New Coalition Forms to Focus on Regulation

The Consumer Brands Association (CBA) on Tuesday launched the Coalition for Smart CBD Regulation, which will be focused on advocacy at the federal level. Among the coalition’s members are, in addition to the aforementioned Associations, the National Association of Convenience Stores, the Retail Industry Leaders Association, and the Digital Citizens Alliance

The Consumer Brands Association (CBA) on Tuesday launched the Coalition for Smart CBD Regulation, which will be focused on advocacy at the federal level. Among the coalition’s members are, in addition to the aforementioned Associations, the National Association of Convenience Stores, the Retail Industry Leaders Association, and the Digital Citizens Alliance, a consumer watchdog group, among others. 

CBD has achieved household name-level popularity over the past few years, due in part to the passage of the 2018 Farm Bill, which legalized hemp, a plant abundant in CBD. The US Food and Drug Administration then began collecting public comments on cannabis and cannabinoid products, with a focus on CBD. The FDA, which is in the process of crafting regulations for these products, decided in March to extend the window “indefinitely,” after the first window closed in July 2019, as Cannabis Wire reported. (Catch up on Cannabis Wire’s coverage of federal CBD regulations.) Amid the coronavirus pandemic, the FDA has issued more than a half dozen warning letters to companies claiming their CBD products can help with the virus. 

“The coalition came together out of a necessity to bring order in a fast moving, chaotic marketplace and make sure that regulators have the tools they need to craft science-based CBD policy,” Bryan Zumwalt, CBA’s executive vice president of public affairs, told Cannabis Wire.

Read: Full Story on Cannabis Wire

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