CBD Monthly Update — March 2019

We gathered the top CBD news from this month to keep you in the loop.

March 15, 2019

1 Min Read
CBD Monthly Update — March 2019

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FDA chief leaves, industry worries

A week after stating he was “deeply focused” on the progress of CBD regulations, Scott Gottlieb said that he’s resigning, leaving the fate of CBD in regulatory limbo and cannabis stocks tumbling on the day of his surprise announcement. Read more at Barron’s

Researchers grow CBD from yeast

UC Berkeley biologists found a way to grow CBD, THC and other cannabinoids from bioengineered yeast, a development that could open the floodgates on cheaper, more sustainable, high-volume production. The journal Nature published their work. Read more at Berkeley College of Chemistry

Martha Stewart will launch CBD lines

The mainstream lifestyle guru—and pal of former Canopy partner, Snoop Dogg—is joining Canopy Growth as an adviser to develop CBD products for pets and people. Read more at Reuters

Tilray acquires Manitoba Harvest

Looking south toward the American CBD market, the Canadian medical cannabis manufacturer is buying the world’s largest hemp foods manufacturer for $317 million. A line of CBD products is in the works. Read more at Bloomberg

US Hemp Authority issues first certifications

The organization awarded its Certification Seal to 13 companies that met stringent quality and safety standards, demonstrating a commitment to providing consumers with safe and accurately labeled hemp-derived products. Read more at Cannabis Business Times

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