Gov Newsom Signs In AB45 – Something for everyone! .. see reports from around the world of cannabis

CANNANNEW REPORT

MJ Biz reports California’s new CBD law (AB45) is attracting attention from cannabis operators far beyond the Golden State. They have 3.2 trillion reasons to care. A legal change signed into law by Gov. Gavin Newsom last week opens the world’s fifth-largest economy  – with an estimated $3.2 trillion gross state product – to makers of hemp-derived CBD products worldwide. Read more at https://mjbizdaily.com/new-law-opens-california-market-to-cbd-operators-around-the-globe/?utm_medium=email&utm_source=newsletter&utm_campaign=MJD_20211013_NEWS_Daily Meanwhile law firm Troutman Pepper have a more regulatory view of things in their latest blog post.. California Passes CBD Law That Conflicts With FDA Guidance By Stephen C. Piepgrass, Agustin Rodriguez, Christina Sava & Nick Ramos on October 12, 2021 POSTED IN ADVERTISING AND MARKETING, CANNABIS, COMPLIANCE, FDA, FEDERAL ENFORCEMENT, OTHER STATE REGULATORS, REGULATORY LITIGATION, STATE ATTORNEYS GENERAL, TOBACCO Governor Gavin Newsome recently signed California Assembly Bill 45 (AB 45) into law, which, among other things, allows hemp-derived cannabidiol (CBD) to be included in any food, beverages, and dietary supplements sold in California. This is not only a break from California’s prior position prohibiting CBD from being included in such products even as the State began to tax and regulate its cannabis industry, but it is also in stark contrast with the U.S. Food and Drug Administration’s (FDA’s) current position on the issue. Unless and until FDA changes its guidance prohibiting CBD-infused food, beverages, and dietary supplements sold in interstate commerce, laws like California’s will continue to add to a confusing and contradictory regulatory landscape. Thus, food and beverage companies should ensure they carefully monitor state developments on this issue, which may be inconsistent with federal law and guidance. As we have previously discussed in our Tobacco Law Blog, the Agriculture Improvement Act of 2018 (2018 Farm Bill) legalized “industrial hemp” (a term used to refer to strains of the plant containing less than 0.3% delta-9 tetrahydrocannabinol (THC)) and its derivatives by removing hemp from the list of federally illegal controlled substances. While this watershed law legalizes the…

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Source : Gov Newsom Signs In AB45 – Something for everyone! .. see reports from around the world of cannabis

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