No Regulatory Pathway for Cannabinoids on Horizon

No Regulatory Pathway for Cannabinoids on Horizon

There will be no relief in the near term for large cannabinoid companies in the form of FDA regulations.  Most Hemp Bulletin readers are aware of the regulatory stalemate that has prevented cannabinoid markets – led by CBD – from achieving liftoff.  Small and large companies alike freely market CBD products now and go unmolested by FDA, unless they make unproven product claims. 

FDA’s enforcement action has focused on those that make unsubstantiated product health claims. They do a thorough job of scouring social media and website content of the offending companies to justify enforcement, some of which has included fines levied in the tens of thousands of dollars.  There is no indication of any systematic approach to enforcement, but they’re likely plucking the low hanging fruit that is blatant or recurring product claims, or perhaps companies that reach more consumers, by looking at numbers of followers, website traffic, etc. 

The…

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05.16.2024

Animal fat prices steady on limited volume traded

Animal fat prices steady on limited volume traded

Fastmarkets price assessment for edible tallow, fob Chicago was $52.00 cents per lb on 14 railcars, steady from $52.00 cent per lb on Wednesday May 15.

On Thursday,...

05.16.2024

Grain consuming animal units forecast lower for 2023/24, 2024/’25

Grain consuming animal units forecast lower for 2023/24, 2024/’25

Animal protein prices were steady on Thursday May 16.

Market sources reported an uptick in interest, but the upcoming Memorial Day holiday, lower prices for distiller dried grains...

05.16.2024

International animal fats and oils, May 16 2024

International animal fats and oils, May 16 2024

Market sources also reported that UCO traded at €1,065 per tonne on a DDP France basis, while deals for imported UCO were heard at $975 per tonne CIF Rotterdam,...

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