Pot Advocates Blame Cuomo for Demise of Legalization in New York | BLOOMBERG NEWS

Pot Advocates Blame Cuomo for Demise of Legalization in New York   |   BLOOMBERG NEWS

WLM Synopsis:

  • NY lawmakers failed to legalize marijuana on the last scheduled day of the legislative session.

  • Many people from different sides of the debate placed the blame on Gov. Cuomo and his inconsistent approach to the process.

  • The failure left the legislature divided over whether to try to advance a more narrow decriminilization bill.

  • NY would have been just the 3rd state to legalize through legislation rather than the ballot process and would have created an estimated $3.1 billion + market.

Read More

How Safe Is Your CBD? The FDA Is Asking—And You Should, Too | VOGUE

How Safe Is Your CBD? The FDA Is Asking—And You Should, Too   |   VOGUE

WLM SYNOPSIS:

  • References a consumer reports study that indicates 64 million Americans have tried CBD.

  • Recaps the recent FDA hearing and reports that it lasted more than 10 hours with over 100 speakers.

  • References a study that found that over two-thirds of CBD items mislabeled (read more about our thoughts on this study here).

  • Gives seven pieces of advice in trying CBD: (1) know the facts and dose gradually, (2) go for full-spectrum products, (3) ask for test results, (4) scrutinize CBD skincare carefully for the ingredients, (5) understand what’s in your vape products, (6) purchase goods from a place you trust, and (7) look for certifications.

  • Overall, we think good advice.

Read More

CBD Is Already Everywhere. How Will the Government Handle It? | TIME

CBD Is Already Everywhere. How Will the Government Handle It?   |   TIME

The cannabis plant contains more than 100 compounds known as cannabinoids. Of them, one–cannabidiol, or CBD–presents the U.S. with unique potential in public health and business, as well as a good deal of political and legal confusion. That much was clear at the Silver Spring, Md., campus of the Food and Drug Administration on May 31, as over 120 people spoke to a standing-room crowd at the agency’s first public hearing for information about cannabis-derived products–a number that was whittled down by lottery from the 400 who applied to testify.

Read More

Oakland California Decriminalizes Magic Mushrooms and Peyote | USA TODAY

Oakland California Decriminalizes Magic Mushrooms and Peyote   |   USA TODAY

WLM SYNOPSIS: Oakland City council voted June 4th, 2019 to decriminalize natural psychedelics. The resolution applies to all plants and fungi including psilocybin, ayahuasca, iboga, and psychoactive cacti. Oakland is the second city to do so following in the steps of Denver that passed a similar measure on May 8th, 2019, although that measure was limited to psilocybin mushrooms.

SAN FRANCISCO – First pot, now ‘shrooms. Oakland City Council in California on Tuesday voted unanimously to decriminalize hallucinogenic fungi, otherwise known as “magic mushrooms.”

The vote makes Oakland the second U.S. city to decriminalize the natural hallucinogens after Denver decriminalized them on May 8

Read More

Flying With CBD Oil in Your Carry-On Just Got Easier | REAL SIMPLE

Flying With CBD Oil in Your Carry-On Just Got Easier   |   REAL SIMPLE

Read up on the new TSA regulations surrounding CBD before boarding your next flight.

There's no doubt that CBD oil is having a major moment (and some people swear by it), yet federal regulations pertaining to the chemical compound are perplexing. Last month, the Transportation Security Administration (TSA) announced a change in language surrounding its rules pertaining to CBD, or Cannabidiol. The update was meant to provide passengers with all the information they’d need about boarding an aircraft with the trendy, hemp-derived oil. However, it appears some of the language left would-be fliers more confused than ever on just who can and can’t fly with the substance.

Read More

Cannabis Stocks Fall After FDA Hearing on CBD Finds Conflicting Views of Substance | MARKET WATCH

Cannabis Stocks Fall After FDA Hearing on CBD Finds Conflicting Views of Substance   |   MARKET WATCH

Hearing ‘highlighted messy state of the industry, with widespread use of CBD products with minimal standardization,’ says analyst

Cannabis stocks were mostly lower Monday, as investors digested the first reports from Friday’s regulatory hearing on cannabis and its ingredients and the news that Illinois is legalizing weed for adult recreational use.

The U.S. Food and Drug Administration conducted its first-ever hearing on cannabis and its nonintoxicating ingredient CBD all day Friday with more than 100 speakers offering views, including researchers, health professionals, advocates, manufacturers and opponents. 

The hearing came after hemp was legalized in the 2018 Farm Bill, leading to a crop of hemp-based products being sold online and in stores…

Read More

Why Does California’s Public Health Department Treat CBD Like Poison? | LA TIMES

Why Does California’s Public Health Department Treat CBD Like Poison?   |   LA TIMES

U.S. Senate Majority Leader Mitch McConnell — the nation’s second most powerful Republican — and California’s Democratic state legislators completely agree on one thing: Marijuana’s cousin hemp should be fully legalized.

As the late U.S. House Speaker Tip O’Neill famously said: “All politics is local.”

In McConnell’s home state of Kentucky, tobacco farming is dying out. Farmers are desperate for a replacement crop. And hemp is their choice for the future.

In California, farmers also need a new crop that doesn’t use much water. That’s hemp.

Read More

Regulators hungry for evidence as FDA weighs allowing CBD in food, dietary supplements | CNBC

Regulators hungry for evidence as FDA weighs allowing CBD in food, dietary supplements   |   CNBC

KEY POINTS

  • At an FDA hearing on CBD, regulators pushed for more data.

  • CBD has been touted as a treatment for a slew of ailments even though little data supports these claims.

  • Companies want clarity from FDA on CBD, while scientists stress that more research is needed.

SILVER SPRING, Md. — Food and Drug Administration regulators grilled manufacturers and advocates Friday for evidence that CBD actually does anything they claim it does.

Companies are adding CBD, short for cannabidiol, to just about everything, including makeup, tea, pet treats and soft drinks — even though there’s little data to support the many claims of its benefits. FDA regulators trying to learn more about the cannabis compound held the agency’s first hearing on it Friday.

Read More

Former FDA chief Gottlieb says some CBD can get you high — even though many think it can’t | CNBC

Former FDA chief Gottlieb says some CBD can get you high — even though many think it can’t   |   CNBC

KEY POINTS

  • Former FDA chief Scott Gottlieb said Friday that despite claims to the contrary, CBD can get users high.

  • CBD manufacturers claim it offers an array of benefits from relaxation to pain relief without getting users high.

  • The agency holds its first public hearing Friday on CBD with testimony lined up from some 140 manufacturers, researchers, farmers, retailers and others.

Former FDA Commissioner Scott Gottlieb said Friday that CBD can get users high — despite claims to the contrary.

CBD products are “flooding the market” since Congress approved the sale of CBD, or cannabidiol, derived from hemp last year, Gottlieb said in an interview on CNBC’s “Squawk Box. ” Hemp is in the marijuana family, but the CBD that comes from it doesn’t have have the psychoactive ingredient Tetrahydrocannabinol (THC) that gets users high. 

Read More

Acting FDA chief says regulators don’t know much about CBD despite ‘explosion of interest’ | CNBC

Acting FDA chief says regulators don’t know much about CBD despite ‘explosion of interest’   |   CNBC

KEY POINTS

  • Acting FDA Commissioner Ned Sharpless says “critical questions” exist about adding CBD to consumer products.

  • CBD, short for cannabidiol, is cropping up in plenty of consumer products despite FDA restrictions.

  • FDA regulators will evaluate evidence Friday at a public hearing on CBD

Despite all the hype and excitement around CBD, regulators still don’t know how safe the cannabis compound is for human use, acting Food and Drug Administration Commissioner Ned Sharpless said Friday as the agency kicked off its first public hearing on the industry.

Read More

FDA Reviewing Plan to Legalize CBD in Food and Drinks | CBS NEWS

FDA Reviewing Plan to Legalize CBD in Food and Drinks   |   CBS NEWS

Denver — The U.S. Food and Drug Administration (FDA) on Friday will hold its first public hearing on a plan to legalize CBD in food and drinks. CBD comes from plants in the cannabis family, but unlike marijuana, it won't make you high. It's expected to be a $20 billion dollar industry by 2022.

Depending on the amount, people said CBD-infused coffee helps them feel calm or focused, but you probably won't be able to taste any difference. 

It's unusual for people to buy coffee at The Blue Sparrow, but this being Denver, the blend is unusual—it's infused with CBD…

Read More

Google Kicks In-App Cannabis Sales Out Of Play Store | FORBES

Google Kicks In-App Cannabis Sales Out Of Play Store   |   FORBES

Google fell in line with federal law late Wednesday, banning the in-app purchase or delivery facilitation of THC-based cannabis products as well as any in-app functions that arrange for delivery or pick up of marijuana. Such apps aren’t getting the boot, but much like Apple’s App store policy, “These apps simply need to move the shopping cart flow outside of the app itself to be compliant with this new policy,” a Google spokesperson said in a statement to Forbes

Recreational marijuana is legal in ten states as well as Washington, D.C., but remains illegal under federal law. Facilitating the sale of cannabis remains illegal, and banks steer clear of doing business with the growing industry to avoid federal money laundering rules. As Alphabet, Google’s parent company, stated in its Q4 report in April, “we are also regularly subject to claims, suits, regulatory and government investigations.”

Read More

TSA Changes Policy to Allow Some CBD Oil and Medications on Planes | NBC NEWS

TSA Changes Policy to Allow Some CBD Oil and Medications on Planes   |   NBC NEWS

The change was prompted by the only FDA-approved drug that contains CBD oil, Epidiolex, which is used to treat seizures in children with epilepsy.

The Transportation Security Administration quietly changed its cannabis policy over the weekend to allow passengers to bring some forms of cannabidiol (CBD) oil, plus an FDA-approved marijuana based drug, on flights.

All forms of marijuana were previously prohibited in both checked and carry-on bags. But Sunday, the agency updated TSA.gov to reflect new regulations that allow FDA-approved medical marijuana and products that contain hemp-derived CBD oil. The CBD oil is allowed "as long as it is produced within the regulations defined by the law" under the 2018 Farm Bill, which federally legalized hemp and hemp derivatives. The development was first reported by Marijuana Moment on Monday.

Hemp derivatives contain little to no tetrahydrocannabinol, or THC, the psychoactive chemical in marijuana that produces…

Read More

Traveling Grandmother Jailed for CBD Oil: 'I Slept on the Floor… Next to the Toilet' | NBC DFW

Traveling Grandmother Jailed for CBD Oil: 'I Slept on the Floor… Next to the Toilet'   |   NBC DFW

A trip to Oregon with a stop at DFW Airport ended with a woman spending two nights in jail

Lena Bartula, at age 71, is an accomplished artist and proud grandmother who had an unsettling experience as she passed through North Texas on her way to visit her granddaughter in Oregon.

In fact, a nightmare, she said, would be a better description for when police officers slapped handcuffs on her at Dallas/Fort Worth International Airport after they found cannabidiol (CBD) oil in her travel bag.

The Fort Worth native, who now lives in…

Read More

Great-grandmother with CBD oil arrested at Disney World | FOX NEWS

Great-grandmother with CBD oil arrested at Disney World   |   FOX NEWS

Disney World may be the most magical place on Earth, but it turned into a legal nightmare for a great-grandmother with arthritis.

A 69-year-old woman was arrested at a Disney World checkpoint when an Orange County Deputy found CBD oil in her purse. She then spent 12 hours behind bars before being released on a $2,000 bond.

Hester Jordan Burkhalter, a great-grandmother from North Carolina, began using CBD oil for her arthritis after her doctor recommended it, Fox 35 in Orlando reported. She even had a note from the medical professional in her purse at the time of arrest, but it didn’t matter.

Burkhalter told Fox 35 that she had been planning on the trip for two years. “I have really bad arthritis in my legs, in my arms and in my shoulder,” she said. “I use (CBD oil) for the pain because…

Read More

Under The Influence Of Instagram: Cannabis In The Age Of Social Media | FORBES

Under The Influence Of Instagram: Cannabis In The Age Of Social Media   |   FORBES

The intersection of social media and the politics of cannabis creates a persistent sense of anxiety for social media managers of cannabis businesses, and a frustrating relationship between consumers and their favorite cannabis brands.

If you spend any time reading about the cannabis industry, one of the dominant “hot takes” out there is that the industry is a present-day “Wild West.” It’s an evocative image of lawlessness, regulatory abandon, and smoky saloons. Keaton Miller, writing for Policy Options, notes how Oregon created a “'Wild West’ marketplace” that has few controls and is flooding neighboring states with black market weed. Other states arguably have more control over their cannabis industry.

But what happens when the Wild West of the cannabis industry—which is…

Read More

CBD Is Wildly Popular. Disputes Over Its Legality Are a Growing Source of Tension | New York Times

CBD Is Wildly Popular. Disputes Over Its Legality Are a Growing Source of Tension   |   New York Times

DUNCANVILLE, Tex. — When the police raided Amy Wazwaz’s tobacco shop in North Texas this spring, officers seized every product containing CBD oil, from bath balms to lollipops.

CBD, short for cannabidiol, is a chemical compound derived from the cannabis plant, but one that does not result in a high. It has become wildly popular during the last several months because of claims that it helps with a variety of ailments, from anxiety and diabetes to headaches and menstrual cramps…

Read More

Congress made it legal to grow hemp last year. Florida is now on board, too | MIAMI HERALD

Congress made it legal to grow hemp last year. Florida is now on board, too   |   MIAMI HERALD

Across the state, farmers, processors and innovators have been waiting for a green light. 

Some are ready to return century-old family land to farm again, revitalize citrus operations, build processing facilities and make sustainable cotton-like products.

They wanted a hemp program and Friday afternoon, their wishes were answered. 

On the penultimate day of the legislative session, the Legislature approved a bill that allows the Department of Agriculture and Consumer Services to create a state hemp program. The Senate voted unanimously to pass the bill. On Wednesday, all members but Rep. James Bush, D-Miami, voted to approve the bill.

Bob Clayton, who says he played a large part in writing the hemp legislation, is hopeful that…

Read More

FDA sets first hearing on CBD in May as the agency looks at legalizing the cannabis compound in food and drinks | CNBC

FDA sets first hearing on CBD in May as the agency looks at legalizing the cannabis compound in food and drinks   |   CNBC

The Food and Drug Administration has set its first public hearing on legalizing CBD in food and drinks, to figure out how to regulate the newly legalized cannabis product. The hearing will take place on May 31.

The agency wants data on CBD’s safety in food products and feedback on how it might regulate manufacturing, marketing and labeling, according to a notice posted Tuesday in the Federal…

Read More

U.S. approves first marijuana-based drug for seizures

U.S. approves first marijuana-based drug for seizures

U.S. health regulators on Monday approved the first prescription drug made from marijuana, a milestone that could spur more research into a drug that remains illegal under federal law, despite growing legalization for recreational and medical use.

The Food and Drug Administration (FDA) approved the medication, called Epidiolex, to treat two rare forms of epilepsy that begin in childhood. But it's not quite medical marijuana.

The strawberry-flavored syrup is a purified form of a chemical ingredient found in the cannabis plant…

Read More