Run Time: 12:40
EP. 36: California Law Opens up Foods and Cosmetics for CBD, but it Could Create Heavy Regs
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When California Gov. Gavin Newsom signed AB 45 into law in October, there was a lot of excitement, particularly for those in and around the CBD business. The law allows for the inclusion of hemp and cannabinoids (such as CBD), and extracts of hemp, in food and beverages, supplements and cosmetics as long as they contain less than 0.3% THC. It’s a good step, but like so many things in life, it’s not perfect, and the resulting regulatory structure could be far more restrictive than most operators looking to jump right in will like. We talked to Ian Stewart, founder and co-chair of the cannabis law practice at Wilson Elser, to find out what AB 45 does and doesn’t do.
This episode of the Insuring Cannabis Podcast is supported by CannGen Insurance Services, LLC. Providing comprehensive insurance coverage for the cannabis, CBD, and hemp industry on a nationwide basis for all product lines.
