The Business of Cannabis

FDA Reports on Purity of Commercially Available CBD Products

Aug 3, 2020 | National

Fewer than half of the commercially available hemp/CBD products tested this year by the US Food and Drug Administration (FDA) contain percentages of cannabidiol that are consistent with the products’ labelling, according to data provided by the agency in a recently...

FDA Releases Initial Guidelines for Cannabis-Derived Drugs

Jul 24, 2020 | National

The Food and Drug Administration released a draft of rules that companies should follow to develop cannabis-derived drugs — a new category that has exploded with few federal laws to govern it. The guidelines cover drugs and treatments containing...

Cluster Of Applications Presents Potential Quagmire In Petoskey Marijuana Planning

Jul 24, 2020 | Great Lakes Region, Michigan

The first business owners who will have a shot at opening a medical marijuana provisioning center are all eyeing storefronts along a short stretch of West Mitchell Street. Using a large raffle ticket drum at the front of the city council chambers, officials determined...

Congress Approves Measure Allowing CBD Use By Military Service Members

Jul 24, 2020 | National

The House of Representatives approved an amendment on Monday to allow military service members to use products containing hemp and its derivatives—including CBD. The measure, sponsored by Rep. Tulsi Gabbard (D-HI), stipulates that the “Secretary of Defense may not...

Feds Launch Cannabis Testing Program To Help Consumers Know What They’re Buying

Jul 24, 2020 | National

A federal science agency announced on Tuesday that it is launching a cannabis testing program to help ensure that the products people purchase from retailers and dispensaries are accurately labeled. The National Institute of Standards and Technology (NIST) said that...