A recent Gallup poll found that one in seven Americans say they personally use cannabidiol (“CBD”) based products. Approximately 90% of all respondents indicated that they used CBD for medical or therapeutic reasons. Top reasons for use included 40% for pain, 20% for anxiety, 11% for sleep, and 8% for arthritis.
Since the 2018 Farm Act federally legalized the cultivation of hemp, and Governor Ron DeSantis signed a state hemp program into law in June 2019, the CBD industry is poised to become a multi-billion dollar industry in Florida. Although you can now find CBD products almost everywhere—hair salons, med spas, grocery stores, online, even pet stores--federal and state regulations are still in the process of being developed. But, even though regulations are not yet in place, the Food and Drug Administration (“FDA”) is enforcing violations of existing laws against CBD companies that make unproven or exaggerated claims of the medical benefits of CBD.
CBD companies, and business that sell CBD products in Florida, should seek legal counsel familiar with the rapidly evolving laws and regulations effecting the distribution and sale of CBD products. The lawyers of Lubell | Rosen’s Cannabis Law Group are available to assist you to be in compliance with the laws.