MyDailyChoice recently announced the hire of Dr. Jim Sharkey as chief science officer. In his new role, Dr. Sharkey will oversee product formulations and new product development for all MyDailyChoice brands. Dr. Sharkey is a veteran of the United States Naval Nuclear Power program with a specialization in Nuclear Plant and Steam Plant Water Chemistry.…

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FDA

The U.S. Food and Drug Administration (FDA) recently issued warning letters to 15 companies for illegally selling products containing cannabidiol (CBD) in ways that violate the Federal Food, Drug, and Cosmetic Act (FD&C Act). The FDA also published a revised Consumer Update detailing safety concerns about CBD products more broadly. Based on the lack of…

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Direct Selling In 2019

In 2019 Direct Selling Faced Some Strong Headwinds Throughout this year the editors at Direct Selling News have had no shortage of topics to talk about. Never before have we seen such a year that has so dramatically impacted the future of direct selling. We began 2019 with troubling news out of China and ended…

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Medical Marijuana

Medical Marijuana, Inc. announced financial results of $17.7 million in revenue for the quarter ended September 30, 2019, a decrease of 3 percent from Q3 2018. “Medical Marijuana, Inc. and its subsidiaries are excited to continue operating as one of the hemp-based CBD industry pioneers,” said CEO Dr. Stuart Titus. “We are very confident in the continued growth…

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2019 BIG Awards

Medical Marijuana, Inc. subsidiary Kannaway was honored with two 2019 BIG Awards for Business by the Business Intelligence Group. The company was named Small Business Company of the Year in the Life Sciences, Health, Wellness and Nutrition category, and Kannaway CEO Blake Schroeder was named Small Business Executive of the Year in the Life Sciences,…

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U.S. Hemp Roundtable

Medical Marijuana, Inc.  announced that its subsidiary Kannaway® has been selected as a member of the Board of Directors for the U.S. Hemp Roundtable. The U.S. Hemp Roundtable, formed in 2017, is a coalition of more than 50 leading hemp companies representing every link of the industry’s supply chain from seed to sale. The organization has already achieved…

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DSA

DSA Brings Together Government Officials, Industry Leaders to Discuss Vital Issues for Direct Selling On October 7–8, the Direct Selling Association (DSA) hosted its annual Legal and Regulatory Seminar in Washington, D.C. The seminar brought together industry leaders to discuss legal and regulatory issues impacting the direct selling business and how companies and the Association…

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CBD market

Nature’s Sunshine Products, Inc. recently announced that it will enter the CBD market with a full line of hemp-derived CBD products. Scientists at the company’s Hughes Center for Research and Innovation have developed a series of proprietary products containing whole spectrum hemp extracts containing naturally occurring CBD that deliver targeted levels of phytocannabinoids to trigger…

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DSA’s Memo on CBD

It’s been a month since the Code Administrator of the Direct Selling Association (DSA) made it known to all member companies in a memo released July 29th stating  “…it is the determination by this office that the sale of ingestible CBD (cannabidiol-based oils) products such as a foodstuff, nutritional supplement, tincture or for any digestible means for humans or…

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