#228 – May 2019
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The outgoing head of the Food and Drug Administration (FDA) Scott Gottlieb has suggested it could take several years for the agency to come up with rules around allowing hemp-derived CBD in food products—unless Congress steps in. The FDA recognizes that there’s strong interest among the cannabis industry and lawmakers in developing a regulatory framework…
When penalties for marijuana possession are lifted, usage rates increase—but that’s not the case when retail sales of cannabis are permitted. That’s according to researchers at Colorado Mesa University who analyzed survey data from more than 1,400 people over the course of 17 months in Colorado, Washington and Australia. The researchers determined that “the social and legal implications…
CVS stores are now selling some cannabis-based products in eight states, including Alabama, California, Colorado, Illinois, Indiana, Kentucky, Maryland and Tennessee. The pharmacy chain says the items include topicals such as creams, sprays and lotions. CVS specified it is not selling any CBD-containing supplements or food additives and all the products comply with applicable laws. …
E-commerce is here to stay. According to the latest UPS Pulse of the Online Shopper Study, 96% of Americans have made an online purchase in their life, 80% in the past month alone. It’s not just a one-time thing either — 4 in 10 purchases are now made using searching and buying. Independent retailers, especially, struggle with…
Need a job? Cannabis industry jobs are booming. Glassdoor.com found 1,512 cannabis-related job openings in the US between Dec 2018 and March 2019 — a 76% year-over-year increase. The median salary for cannabis industry job openings is $58,511 per year. The top three cities for cannabis job openings are San Francisco, CA (197 open jobs),…
Hawaii now allows visitors qualified for medical marijuana elsewhere in the U.S. to register and buy on the islands. Pedro Haro, Executive Director at Hawaii Educational Association for Therapeutic Healthcare, told Cheddar Business the decision fits with The Aloha State’s values. Those interested in applying to buy cannabis in Hawaii need to have a medical…
There’s no need to horde your stash these days. But if you’re one of those who likes to be prepared in case of emergency, new data published in Forensic Science International suggests that the best place to store your bud is in the freezer. Researchers in Italy determined that the amount of THC decreased in the…
FDA Commissioner Scott Gottlieb recently proposed new limits on sales of many fruit and candy flavored e-cigarettes. If the new rules are adopted, convenience stores and gas stations won’t be able to sell them unless they set up separate rooms that bar entry to anyone under 18. This is meant to stop the indiscriminate sales…
“It’s not always about money.” Dave Glowacki isn’t trying to set himself up as hero of conscience when he says this. It comes out as practically an afterthought, an offhand comment expressing his frustration with a particular distributor he once considered close. But the statement reflects far more than mere dismay at the actions of…