October 6, 2020

Cannabis Industry Growing Pains: Regulation Updates, FDA making moves

All industries in their infancy face regulatory hurdles and growing pains. The cannabis industry is no exception. The lack of regulation on the federal level combined with the juxtaposition of state-by-state regulation has stunted the growth of the cannabis industry in the US. This week, we take a look at some of the developments on the regulatory front.

The FDA seems to be making some moves, or at least some noise, regarding cannabis and the use of cannabinoids. On the heels of new guidance materials, the FDA will hold several seminars on the use of cannabis in different sectors of the industry. California takes what could be a big step forward in paving the financial way for cannabis companies by passing legislation providing cover for banks who work with cannabis companies. The federal government has been sitting on a similar bill for almost two years.

Read the full article here at CBD Association.

Related Articles

Schedule Your Consultation

Davis Legal, PLLC is here to listen, and we want to hear your whole story. When we clearly understand your goals and challenges, we can help you get where you want to go. Fill out the form and we'll contact you to schedule a free initial consultation.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

This website uses cookies to ensure you get the best experience. Privacy Policy