ALEXANDRIA, Va.—Each week, NACS brings you a roundup of news and information on cannabis and CBD to help update you on the fast-moving products and their legality. Here are the topics in the news for the week of August 5–9:
U.S. Federal Activity
State and Local Activity
- Senate Banking Chairman Concedes Support for Marijuana Banking Legislation. Senate Banking Committee Chairman Mike Crapo (R-ID) says that Congress needs to allow federally prohibited, though locally legal, marijuana businesses to use financial institutions. (Source: WikiLeaf)
- Former FDA Commissioner Calls on Agency to Act on CBD. Former Food and Drug Administration (FDA) Commissioner Scott Gottlieb wrote an op-ed published in the Washington Post that urged the agency to establish a stable market for hemp-derived cannabidiol (CBD) envisioned by Congress. (Source: Washington Post)
- Florida Activists Move Closer to 2020 Marijuana Legalization Ballot. Advocacy group Regulate Florida announced it has gathered enough signatures on its petition to legalize marijuana to trigger a review by the Florida Supreme Court, the major step toward adding the effort to the 2020 ballot. (Source: Miami New Times)
- New York Legalization Failure Allows Massachusetts Cannabis Market to Grow. Customers from New York and other nearby states have been a boon for Massachusetts cannabis retailers. (Source: Leafly)
- Virginia Buys New Tests to Distinguish Marijuana From CBD. On July 31, Virginia’s top forensic scientist recommended police officers incorporate a new drug field test that turns distinct colors when a material contains more marijuana than its hemp cousin, CBD. (Source: NBC Washington)
- Ohio Governor Signs Bill that Legalizes Hemp, CBD. Ohio Governor Mike DeWine signed legislation on July 30 legalizing hemp and cannabidiol (CBD). The bill directs Ohio’s Department of Agriculture to develop a licensing system for farmers who want to grow hemp. (Source: U.S. News)
- Businesses Consider Off-Duty Cannabis Use for Employment. As marijuana legalization expands, employees are considering off-duty cannabis consumption differently from off-duty alcohol consumption. (Source: CNBC)
- Kroger to Sell Hemp-Based CBD Products. On July 29, Kroger announced it has begun selling products that contain cannabidiol (CBD) in multiple states with plans to expand to a total of 1,350 stores in 22 states. (Source: Yahoo Finance)
NACS has prepared a fact sheet (for members only) to help you navigate what’s legal and what’s not for CBD retailing. Don’t miss the Federal Cannabis Legislation Tracker covering bills that have been introduced in Congress in 2019 pertaining to marijuana legalization that may affect retailers.
NACS has designed two specialized education sessions for this year’s NACS Show in Atlanta to help convenience retailers better understand CBD product offerings: “Cannabis, Marijuana, CBD: The Practical and Legal Outlook” and “CBD, Hemp, Edibles: What Retailers Need to Know About this New Category.” In addition, the Expo will include a new pavilion in Hall C featuring CBD products.