Lack of regulation holds back the growth of legal CBD and marijuana industries in the state of New York



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The state of New York is eagerly awaiting the legalization of marijuana for adult recreational purposes and the regulation of CBD in food and beverages.

New York Governor Andrew Cuomo talks about the $ 175.5 billion budget at a press conference in the Red Room at the Capitol on Sunday, March 31, 2019 in Albany, NY (Photo AP / Hans Pennink)

ASSOCIATED PRESS

Legalized marijuana & nbsp; will not be registered at & nbsp; annual state budget & nbsp; in New York, Governor Andrew Cuomo announced Friday. Many expected this to be part of the budget that should be confirmed tomorrow.

The details will be negotiated before the end of the session in June, said Cuomo.

The air was hopeful during the recent Women in cannabis conference where policy experts, editors, producers and potential producers applauded the April 1 deadline discussions. The experts said that they were expecting a version of the proposal to go forward.

In this photo of February 14, 2019, Colton Welch, a student at the State University of New York in Morrisville, New York, is busy with hydroponic tomato plants that will provide students with cannabis-related data. The new minor in college cannabis studies is part of a handful of new university programs designed to prepare students for careers in the marijuana and hemp industries. (AP Photo / Marry Esch)

ASSOCIATED PRESS

Mary Pryor, co-founder of Cannaclusive, and Kbadandra Frederique, director of the Drug Policy Alliance in the state of New York, emphasized the need to implement equity programs in legislation, ensuring what women, OPCs and people currently selling marijuana access to business opportunities.

According to a recent Cowen report, the CBD market in the United States could be worth $ 16 billion by 2025. Nevertheless, the importance of CBD in food and beverages and repression of its use in cafes, bars and restaurants, baffled some consumers. CBD served in food and beverages is still illegal, according to the FDA.

Meanwhile, current CBD products have arrived in two major pharmacy chains, CVS and Walgreens, both announced this month. & Nbsp; Sephora, Ulta, Neiman Marcus and others already already offer products based on CBD.

Legislators need to set standards for CBD-based products so that the industry can create better products, educate consumers and help them buy and use CBD properly.

the Seal of the American Hemp Authority This is a start, but does not reach all points of entry into the CBD market: from skin care to water, unregulated, low quality CBD gum candies sold online and in bodegas.

CBD has become popular in Italy and Switzerland, but may have a higher THC content, 0.6% in Italy and 1% in Switzerland, respectively. In the United States, a CBD product may contain up to 0.3% THC to be considered legal.

The recently resigned FDA commissioner, Scott Gottlieb, said it could be years before adequate regulation is in place for CBD-based foods and beverages. For the moment, Dr. Ned Sharpless, director of the National Cancer Institute, is acting commissioner of the FDA, which could become permanent.

Conscious consumers of marijuana and CBD require an inclusive industry that educates people about effective and safe dosage.

Conscious consumers of marijuana and CBD require an inclusive sector that informs people about the safe and effective dosage. Let's hope that regulation comes to the forefront so that marijuana and CBD can help heal more people in a natural, risk-free, and non-addictive way.

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The state of New York is eagerly awaiting the legalization of marijuana for adult recreational purposes and the regulation of CBD in food and beverages.

New York Governor Andrew Cuomo talks about the $ 175.5 billion budget at a press conference in the Red Room at the Capitol on Sunday, March 31, 2019 in Albany, NY (Photo AP / Hans Pennink)

ASSOCIATED PRESS

The government Andrew Cuomo announced Friday that the legalized marijuana would not appear in the annual budget of the State of New York. Many expected this to be part of the budget that should be confirmed tomorrow.

The details will be negotiated before the end of the session in June, said Cuomo.

The air was hopeful during the recent Women in cannabis conference where policy experts, editors, producers and potential producers applauded the April 1 deadline discussions. The experts said that they were expecting a version of the proposal to go forward.

In this photo of February 14, 2019, Colton Welch, a student at the State University of New York in Morrisville, New York, is busy with hydroponic tomato plants that will provide students with cannabis-related data. The new minor in college cannabis studies is part of a handful of new university programs designed to prepare students for careers in the marijuana and hemp industries. (AP Photo / Marry Esch)

ASSOCIATED PRESS

Mary Pryor, co-founder of Cannaclusive, and Kbadandra Frederique, director of the Drug Policy Alliance in the state of New York, emphasized the need to include in equity legislation equity programs to ensure that women , mutual funds and people currently selling marijuana have access to businesses. Opportunities.

According to a recent Cowen report, the CBD market in the United States could be worth $ 16 billion by 2025. Nevertheless, the importance of CBD in food and beverages and repression of its use in cafes, bars and restaurants, baffled some consumers. CBD served in food and beverages is still illegal, according to the FDA.

In the meantime, topical CBD products have arrived in two major pharmacy chains, CVS and Walgreens, both announced this month. Sephora, Ulta, Neiman Marcus and others already carry CBD products.

Legislators need to set standards for CBD-based products so that the industry can create better products, educate consumers and help them buy and use CBD properly.

the Seal of the American Hemp Authority This is a start, but does not reach all points of entry into the CBD market: from skin care to water, unregulated, low quality CBD gum candies sold online and in bodegas.

CBD has become popular in Italy and Switzerland, but may have a higher THC content, 0.6% in Italy and 1% in Switzerland, respectively. In the United States, a CBD product may contain up to 0.3% THC to be considered legal.

The recently resigned FDA commissioner, Scott Gottlieb, said it could be years before adequate regulation is in place for CBD-based foods and beverages. For the moment, Dr. Ned Sharpless, director of the National Cancer Institute, is acting commissioner of the FDA, which could become permanent.

Conscious consumers of marijuana and CBD require an inclusive industry that educates people about effective and safe dosage.

Conscious consumers of marijuana and CBD require an inclusive industry that educates people about effective and safe dosage. Let's hope that regulation comes to the forefront so that marijuana and CBD can help heal more people in a natural, safe and addictive way.

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