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home / news releases / IONKF - Food Supplement Industry Pushes Congress on CBD Product Sales


IONKF - Food Supplement Industry Pushes Congress on CBD Product Sales

CBD products have become immensely popular in the preceding decade, owing to the host of medical benefits that users get. For a long time, people shied away from cannabidiol due to its connection to THC, but that’s slowly changed over the years. Last year the Farm Bill was passed, and it legalized the industrial cultivation of hemp from where CBD is extracted. However, the industry has been plagued by a lack of regulations, and Congress is under even more pressure to speed up their efforts in crafting suitable legislation for the industry.

Four trade associations representing the dietary supplement industry sent a letter urging policymakers to take swift action to ensure the lawful marketing of CBD products while the FDA crafts...

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Stock Information

Company Name: Ionic Brands Corp
Stock Symbol: IONKF
Market: OTC
Website: ionicbrands.com

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