Cannabis is best known for its recreational and medical uses, but cannabis-derived ingredients are featuring in more and more products sold in stores and online. The legal cannabis market is burgeoning: Total worldwide cannabis spending is expected to be worth $24.4 billion in 2019 — and is forecast to reach $63.5 billion by 2024, a
There is a growing public focus on the potential for legitimate pharmacological uses of cannabis. Much of this focus has been directed toward medical marijuana — the use of marijuana in plant form or its basic extracts. Although some states have legalized its use, the Food and Drug Administration has not approved marijuana in plant
COLUMBUS, Ohio — GGB Beauty, a subsidiary of Green Growth Brands announced it has executed a licensing agreement with Authentic Brands Group (ABG) and the Greg Norman brand. The agreement is to develop a line of cannabidiol (CBD) infused personal care products designed for active adult men and women. As part of this arrangement, the company will be
WASHINGTON — In response to the passage of the Agriculture Improvement Act of 2018 (the Farm Bill), the Council for Responsible Nutrition (CRN), the leading trade association for the dietary supplement and functional food industry, issued the following statement by Steve Mister, president and chief executive officer of CRN: “CRN is both pleased and disappointed
LOS ANGELES — CBD industry leader CBDfx has sped up production of their CBD products this week, including popular new Turmeric & Spirulina Gummies, on the heels of what they expect to be explosive demand. The House of Representatives and the Senate have tentatively agreed to a version of the 2018 Farm Bill, sending shockwaves through
