Virginia Governor Signs Bill Regulating CBD as Food Virginia Governor Ralph Northam has signed a bill into law that would classify CBD as food. The importance of this to the hemp and CBD industry cannot be understated. Currently, the FDA has not approved CBD as either Generally Recognized as Safe (GRAS, for introduction to food items) or as a…

Update on Hemp Banking On December 3, 2019, the Federal Deposit Insurance Corporation (FDIC) issued a letter to financial institutions highlighting the interagency guidance on providing banking services to customers engaged in hemp production. The letter provided the following: The Agriculture Improvement Act of 2018 (2018 Farm Bill) removed hemp as a Schedule 1 controlled…

Why Trademark Distinctiveness Matters A strong trademark is a valuable asset that can elevate the reputation of a company and influence consumer decisions. When developing branding for a product or service, businesses need to consider not only the marketing appeal of a proposed trademark but the level of legal protection it will receive based on…

The FDA’s regulation of the CBD market has taken its toll on a heavy hitter in the marketplace. Curaleaf, which is sold in CVS Health stores, was issued a warning letter from the Food and Drug Administration over health claims made by the company. According to CBS News, Curaleaf is working to remedy issues raised in the FDA…

BREAKING: FDA Approves CBD-Based Medicine Derived from Marijuana Written by Orion Inskip, Attorney at Gleam Law, PLLC.  The Food and Drug Administration (FDA) has approved Epidiolex, an epilepsy medicine derived from marijuana. The drug’s active ingredient is a non-psychoactive cannabinoid known as cannabidiol (CBD) and is the first marijuana-based medication approved by the FDA. This…

The FDA recently sent warning letters two four CBD companies. Written by Orion Inskip, Attorney at Gleam Law, PLLC.  The Federal Drug Administration (FDA) regulates medicine throughout the United States.  Their power flows from the  Federal Food, Drug, and Cosmetic Act (FDCA), enacted by Congress in 1938. Under the FDCA companies cannot advertise that a drug will…