Like the U.S., Europe Continues to Grapple with Cannabis Extracts

Like the U.S., Europe Continues to Grapple with Cannabis Extracts

The regulatory status of cannabinoids in the EU is just as much a free-for-all as it is in the US.  Various states in the US oversee hemp-derived extracts and require safety testing, but other do not.  The FDA has also proven unable to develop CBD regulation, instead telling congress that cannabis extracts don’t fit into the current scope of FDA oversight. 

On both sides of the Atlantic, hemp stakeholders have tried to leverage existing policy to have hemp derivatives recognized under relevant categories. In the US, seeking “GRAS” status, or (generally recognized as safe) is a designation that eventually applied to hempseed, but not to cannabis extracts. 

Broadly speaking, products that have been used historically – and present no obvious signs of harm – qualify as GRAS.  In Europe, the Novel Foods characterization comes at it from the other end, by identifying novel ingredients that do not have a common history of usage. 

After…

Membership is required to view the rest of this post.
Click here to learn more and sign up for a free 7-day trial!

Blog

04.15.2024

Soybean oil stocks climb as soybean crush reaches record high

Soybean oil stocks climb as soybean crush reaches record high

The National Oilseed Processors Association (NOPA) reported the March soybean crush at an all-time high of 196.406 million bushels. This was largest crush on record, outpacing by 0.55%,...

04.15.2024

Soybean oil market adds negative pressure to DCO market

Soybean oil market adds negative pressure to DCO market

Distiller’s corn oil (DCO) traded in a range of 45.5 - 46 cents lb delivered US Gulf today on what was otherwise a quiet trading day. 

The lower...

04.15.2024

Hog slaughter forecast lower into May

Hog slaughter forecast lower into May

Market sources reported no trades outside the previously set ranges for animal proteins in the US for Monday April 15.

For the week ending April 20, 2024, hog...

Latest Tweets