On Tuesday, CHPA President & CEO Scott Melville spoke at an event on Capitol Hill about H.R. 841, legislation that would provide a pathway for dietary supplements containing CBD to be legally marketed.
This week, Senate Finance Committee Chairman Ron Wyden (D-Ore.), Senator Rand Paul (R-Ky.) and Senator Jeff Merkley (D-Ore.) introduced S. 1698, “legislation to ensure hemp-derived CBD products are regulated by the U.S. Food and Drug Administration (FDA) like other legal products used in dietary supplements, foods and beverages – an action that is essential to protecting consumer safety and treating hemp producers fairly.”
COVID-19 has taught us a lot about minimizing our risk and focusing on wellness and prevention in our lives. Anita and John dig into what this shift means to the dietary supplements category of the consumer healthcare industry.
This week, by a vote of 321-101, the House of Representatives passed H.R. 1996, the SAFE Banking Act. The SAFE Banking Act prohibits a federal banking regulator from penalizing a depository institution for providing banking services to a legitimate cannabis-related business.