A new bipartisan measure introduced in congress would allow hemp derived CBD to be sold as dietary supplements. The new bill, The Hemp and Hemp-Derived CBD Consumer Protection and Market Stabilization Act of 2020 (H.R. 8179), was introduced to congress by Democratic Rep. Kurt Schrader and Republican Rep Morgan Griffith. If passed, this new bill would allow the legal sale and marketing of CBD derived from hemp, as a dietary supplement under the Federal Food, Drug, and Cosmetic Act.
The Hemp and Hemp-Derived CBD Consumer Protection and Market Stabilization Act of 2020 (H.R. 8179), will ensure that hemp extracts and CBD products are manufactured and sold under existing regulations for dietary supplements. (H.R. 8179) adds more clarity and guidance for use of CBD and other hemp extracts. The Agriculture Improvement Act of 2018 (H.R.2), more commonly known as the Farm Bill signed by President Trump, had allowed for FDA regulated CBD. However the Farm Bill (H.R.2) did not provide set guidance on the use of CBD and hemp extracts, as dietary supplements and as ingredients in food and drinks.
"The Hemp and Hemp-Derived CBD Consumer Protection and Market Stabilization Act of 2020"
The Hemp and Hemp-Derived CBD Consumer Protection and Market Stabilization Act of 2020 (H.R. 8179), will help prevent confusion within the hemp and CBD industry, and allow businesses and consumers to safely purchase and use CBD products. (H.R. 8179) will require all CBD companies to comply with set requirements similar to those already in place for FDA regulating dietary supplements and ingredients. Earlier bills for regulation may have allowed for farming hemp, but failed to provide proper guidance on the use of hemp and hemp-derived CBD. This caused confusion and threatened companies trying to operate legally under federal regulations. With the introduction of (H.R. 8179), CBD products may be used for dietary supplements, but there is looming concern that The Hemp and Hemp-Derived CBD Consumer Protection and Market Stabilization Act of 2020 (H.R. 8179), does not address the use of CBD in foods and drinks.
Now left for consideration by the House Committee on Energy and Commerce; (H.R. 8179) marks an important step in the CBD and Hemp industry, and brings hope of proper guidance for companies and consumers across the industry.
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