Illinois News Joint
APRIL 11, 2024
Though all these proposals deal with hemp regulations and consumer safety, SB3926 does not align with Ford and Collins’ bills. The bill would create the Intoxicating Hemp-Derived THC Consumer Products Safety Committee, which would include 19 committee members, who would issue a consumer-safety standards report on or before Jan.
Veriheal
SEPTEMBER 21, 2022
It’s bad news for producers and retailers who jumped on the delta-8 THC bandwagon since this psychoactive substance is included in the list of banned synthetic cannabinoids in Oregon. delta-8 THC , HHC ) even if they don’t contain delta-9 THC (read: regular old federally banned THC). ” Although the U.S.
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Veriheal
JANUARY 18, 2023
The lack of regulation has raised concerns about consumer safety. Research commissioned by the Centre for Medicinal Cannabis pinned a £1 billion valuation on the CBD market by the year 2025. THC (tetrahydrocannabinol) is the psychoactive element that may cause consumers to feel “high,” sedated, and in some cases, paranoid.
Canna Law Blog
MARCH 13, 2024
billion from 2020 to 2025 at a CAGR of 21.74%. Note that licensing requirements for growing industrial hemp, which doesn’t contain significant concentrations of THC, are different from licensing requirements for THC-containing cannabis plants. The edible market alone is projected to grow by $25.27
Canna Law Blog
FEBRUARY 26, 2020
According to a recent study by Cowen , the sales of these products are expected to reach $16 billion by 2025. In addition, the sale of CBD flowers and buds is strictly prohibited in the country even if the THC concentration is below 0.2% Only contain low/negligible amounts of THC or other controlled substances (i.e.,
Canna Law Blog
MARCH 28, 2020
According to a recent study by Cowen , the sales of these products are expected to reach $16 billion by 2025. CBD extracts are considered novel foods by the EU, meaning that they must be tested by the European Food Safety Authority (EFSA) before being authorized. billion by 2023. No special authorization is required. Hemp CBD Foods.
Cannabis Law Report
SEPTEMBER 10, 2022
3000, which passed with the intent of regulating novel cannabinoids such as delta-8 THC and addressing a theory that bad actors were obtaining hemp licenses as a cover for illegal marijuana production. delta-9 THC — remains federally illegal, and trade is relegated within independent, intrastate markets. delta-9 THC.
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