Author: Ryan Suthers

A New Trade Associate Paves the Way For CBD Regulation (UK)

A New Trade Associate Paves the Way For CBD Regulation (UK) It seems there are more and more stories coming out about people failing drug tests, getting arrested just for holding CBD, and just a whole jumble of issues between the two critical points of the market. The trust between the consumer and producer is falling apart without proper regulation.  We’ve briefly covered it before, but just for the sake of clarity… The regulation behind CBD isn’t nonexistent. There are laws that hold for these companies. Including the required hemp extraction for CBD, and not just marijuana (unless the state is legalized). And of course, the CBD products cannot contain more than .3% THC. This .3% THC limit is a good place to be at, as it’s such a trace amount that an unhealthy, and just outright unreasonable amount of the product would have to be consumed in order to show up on some drug tests. Depending on metabolism and other bodily factors, it would also have to be consumed in a short amount of time. Sounds too complicated? You’re not wrong. This kind of research shouldn’t exactly be necessary for the customer, especially if the product is going to claim “no THC,” or “Won’t fail a drug test.” In the end, a lot of the trust relies on the brands publicly posted lab results, some of which leave...

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Germany Rules CBD a ‘Novel Food.’ Can the US Catch Up With Regulation?

Germany Rules CBD a ‘Novel Food.’ Can the US Catch Up With Regulation? Earlier this week, Court officials in Germany established the classification for CBD (cannabidiol) as a novel food. This was done following the ruling with the European Union, which previously ruled that products with CBD cannot be marketed without additional safety research. This is a classification for something that has no evidence of being consumed on a large scale before May of 1977. This doesn’t mean that CBD cannot be sold anywhere in the EU, there is just a necessity of authorization.  This has posed some complications. The European Industrial Hemp Association challenged the fact that foods based from hemp had been used for centuries, and that the overall concept of hemp isn’t new, and neither are its numerous uses. An appeal has been made, but still pending. How Can the US Compare? It seems yet again that the EU is a few steps ahead in the game of regulation. Whereas, in the US, consumers are worried about frequent snake oil issues, as well as unsafe regulation practices. There have been a few cases of people being arrested for the possession of CBD oil, simply because there was no regulation on the product in the first place to prove its validity. Validity being the upholding of the .3% THC limitation. With that, consumers are also concerned if...

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Failed Drug Test Results in Class Lawsuit Against CBD Gummy Manufacturer; Claims Fraud

Failed Drug Test Results in Class Lawsuit Against CBD Gummy Manufacturer; Claims Fraud The CBD company JustCBD is under heavy fire from both CBD enthusiasts, and well, pretty much every other part involved with regulation.  Trevor Darrow, a trucker in Winnebago County, Illinois, failed a drug test, allegedly from the use of JustCBD’s line of gummy bears. “At First I thought there was some kind of mistake the lab had made,” Darrow told ABC7 in an interview, “There’s a symbol on the label that states there’s no THC in the product itself.” A claim that should be trusted by...

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Study Concludes a Fall in Opioid Deaths by 21% From Cannabis Dispensaries

Lodestar News A study published in the journal Economic Inquiry found something truly remarking in the clinical psychology field. Researchers at the University of Massachusetts and Colorado State University concluded that the legalization of cannabis reduced opioid overdose deaths by 21%. Roughly 47,600 people have died from opioids in 2017. That means about 14.9 per 100,000 people. If this were to reduce by 21%, then that means nearly 10,000 lives would be saved, or 3.1 lives per 100,000. Similar Studies This study can be added to the collection of others which aimed to expose the statistics of state laws...

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Coast Guard Bans Members From Using Cannabis Dispensaries

Lodestar News While also stopping investments in the cannabis industry States are beginning to see how much revenue medical/recreational marijuana pulls in from taxes. The state of Colorado recently surpassed $1 billion in marijuana tax revenue in June, and the number is only expected to grow. Plenty of the states that harbor these laws are on US coastlines. In fact, the new ban is rather extended upon a simple “no entry” rule. This ban also aims to prevent from entering establishments that are remotely connected to cannabis. No entering events connected to it, nor can investments be made into...

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