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FDA Concerned Over Exaggerated Health Claims of CBD Products

FDA

According to a CNN story, concerns over exaggerated health claims have prompted a US Food and Drug Administration hearing on the effects of CBD products. The FDA is holding its first hearing today to assess the safety and efficacy of these CBD products. Cannabis-related products have flooded the market, making health claims about pain relief, immune function and…

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Evolv Health CEO Sam Caster Presents at CannaMexico World Summit

Sam Caster

Evolv Health CEO and President Sam Caster was chosen to present at the recent CannaMexico 2019 World Summit hosted by former Mexico President Vincente Fox. Held in Guanajuato, Mexico, at the Fox Center April 25-26, the international summit focused on showing the global potential of the cannabis industry. Over 1,000 participants from 14 countries attended.…

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HempWorx of MyDailyChoice: The Company Affiliates Built

How one woman’s health journey ignited a movement that drew $100 million worth of sales–and counting. MYDAILYCHOICE /HEMPWORXFounded: MyDailyChoice 2014 HempWorx 2017Headquarters: Las Vegas, NevadaTop Executives: Josh Zwagil, Co-Founder/CEO, Jenna Zwagil, Co-Founder/CMOProducts: Hemp-based Products, Cannabidiol Oil (CBD) Products, Oral Nutritional Sprays   Walking away from a rewarding residual income and an organization with fifty thousand…

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A Season of Channel Evolution!

Global

The direct selling channel has been working overtime the past few years to meet changing customer and market expectations without losing sight of what makes it unique. The Amazon Effect not only has posed challenges from a retail market and customer experience perspective, but what caught so many off guard was that some distributors would…

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Kannaway Revenue Up 200% for 2018

2019 BIG Awards

Medical Marijuana, Inc. (OTC: MJNA) subsidiary Kannaway® experienced significant growth with 2018 revenue of $46.8 million, an increase of nearly 200 percent over 2017.   MJNA, the first publicly traded cannabis company in the U.S., announced the Kannaway results as well as the company financial results for the quarter and year ending Dec. 31, 2018.   The…

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Touchstone Essentials Receives Approval to Sell CBD Oil in Japan

Touchstone Essentials Expands CBD Oil Line

Touchstone Essentials recently announced it has received approval by Japanese regulators to sell its full spectrum, CBD-rich hemp oil product line to customers in Japan. “Japan continues to be an important, growing member of the Touchstone Essentials global distribution channel,” said Founder and CEO Eddie Stone. “We are honored that the Japanese regulatory agencies have granted approval to ship our…

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Youngevity Inks $11 Million Supply Contract for CBD Isolate Powder

CBD Isolate

Youngevity International, Inc. announced that it executed a one-year Supply and Processing Agreement to produce 99 percent pure CBD Isolate. The agreement will be fulfilled by Youngevity’s wholly owned subsidiary Khrysos Industries, which Youngevity formed in February after completing the acquisition of Khrysos Global, a manufacturer of hemp-based CBD extraction equipment. Shipping under the contract is expected to…

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Where East Meets West

Vasayo

Vasayo combines the best of Asian and American elements to lay the foundation for a global brand. YOU MAY NOT HAVE HEARD OF THE HEALTH AND WELLNESS COMPANY VASAYO, BUT YOU WILL LIKELY RECOGNIZE THE NAME OF ITS FOUNDER: DALLIN LARSEN. With a background in the direct selling industry that spans three decades, Dallin is…

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40 Percent of U.S. Adults Willing to Try CBD

CBD users

According to a new study, roughly 40 percent of U.S. adults age 21 and over indicated a willingness to explore CBD under the right conditions. The study on U.S. CBD consumers by High Yield Insights is the first to quantify booming domestic consumer interest in products containing CBD, a therapeutic chemical compound found in cannabis. CBD has…

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CBD Drinks: Next Big Disruptor in Beverage Industry?

CBD Drink

Drinks infused with cannabis-derived cannabidiol (CBD) are in a prime position to bring disruption to the beverage sector. The growing consumer interest in hemp-derived CBD as a health supplement along with the recent passing of the Farm Bill has spawned a growing interest in CBD-infused drinks. In addition, the ever-increasing global trend to legalizing cannabis…

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