business

Crack Down on Delta-8 THC Products Mimicking Children’s Snacks

Published

2 months ago

July 17, 2024

admin

The Federal Trade Commission (FTC) and the Food and Drug Administration (FDA) have issued cease-and-desist letters to five companies marketing delta-8 THC products with packaging resembling popular children’s snacks, citing health risks and deceptive practices.

Regulatory Action on Delta-8 THC Products

Introduction to the Regulatory Crackdown

The FTC and FDA have targeted companies selling delta-8 THC products in packaging that could be mistaken for children’s snacks, such as cereals and candies. These actions aim to prevent health risks associated with accidental ingestion by children.

Details of the Letters

The letters were sent to five companies, demanding they stop marketing these products with deceptive packaging. The agencies emphasized that such packaging poses significant health risks and violates federal laws against deceptive marketing practices.

Health and Safety Concerns

Children who consume products containing delta-8 THC can experience severe health consequences, including confusion, hallucinations, and respiratory issues. The agencies stressed the importance of clear and accurate labeling to prevent accidental ingestion.

Industry Impact

This regulatory action highlights the ongoing scrutiny of the cannabis and psychedelics industries, particularly concerning product safety and marketing practices. Companies in these sectors are urged to review their packaging and marketing strategies to ensure compliance with federal regulations.

Why This Is Important

Protecting consumers, especially children, from accidental ingestion of cannabis products is a top priority for regulators. This action underscores the need for stringent safety standards and responsible marketing practices in the industry.

Possible Implications

Stricter Regulations: Increased regulatory oversight and stricter guidelines for packaging and marketing.
Industry Adjustments: Companies may need to redesign packaging to comply with safety standards.
Consumer Awareness: Greater public awareness about the risks associated with improperly labeled cannabis products.
Legal Consequences: Potential legal actions against companies that fail to comply with regulations.
Market Shifts: Changes in consumer trust and market dynamics as companies adjust to new regulations.

What to Follow

Regulatory Updates: Monitoring changes in federal and state regulations regarding cannabis product labeling and marketing.
Company Responses: Observing how targeted companies respond to the cease-and-desist letters and adjust their practices.
Industry Trends: Trends in packaging and marketing strategies within the cannabis and psychedelics industries.
Public Health Initiatives: Efforts by health agencies to educate the public about the risks of delta-8 THC products.

Conclusion

The FTC and FDA’s action against companies marketing delta-8 THC products with child-friendly packaging highlights the importance of consumer safety and regulatory compliance. As the cannabis industry evolves, adhering to strict safety standards will be crucial for protecting public health and maintaining consumer trust.

Source: Cannabis Business Times

Source link

business

Vacant RiNo office building Rev360 for sale at ‘incredible discount’

Published

1 week ago

September 3, 2024

admin

For sale: office building, never used.

The Rev360 building in RiNo, which has sat unused since it was completed in July 2020, is for sale.

Rev360 is owned by San Francisco-based Shorenstein, which bought it in November 2021 for $72 million.

Read the rest of this story on TheKnow.DenverPost.com.

Source link

business

Denver’s first canna-spa, opening soon, brings marijuana and massages under one roof

Published

3 weeks ago

August 22, 2024

admin

Denver’s first cannabis spa is almost ready to start serving locals R&R – as in reefer and relaxation.

When it opens on Sept. 14, Pure Elevations Canna-Spa & Salon (185 S. Santa Fe Drive) will be among the city’s first public consumption spaces, where guests who book a massage or pedicure will be able to smoke weed onsite before or after their appointment. The business will sell marijuana products from a small dispensary counter in its salon for guests to consume on the outdoor patio, and it will also integrate topicals into its services and treatments. That means THC- and CBD-infused massages for anyone who wants to get extra chill.

Owner Rebecca Marroquin’s unique concept was inspired by her own experience using cannabis lotions to help with pain. In 2011, Marroquin was preparing to finish school and become a massage therapist when she was involved in a car crash that broke her neck. Four months of using infused topicals had her back on track to graduate.

Read the rest of this story on DenverPost.com.

Source link

business

Mike Tyson debuts special cannabis gummies in Colorado because he can’t sell edible ears

Published

3 weeks ago

August 20, 2024

admin

Mike Tyson is releasing a new cannabis product exclusively for Colorado consumers, and the reason why might come as a surprise.

Mike’s Knockout Gummies, launched Aug. 20, are THC-infused edibles shaped like little boxing gloves. They’re the first gummies the boxer has been able to sell here even if he’s had others available throughout the U.S.

In 2022, Tyson released his first line of edibles, Mike Bites, featuring gummies shaped like ears with a missing piece of cartilage at the top – a nod to Tyson’s infamous 1997 fight against Evander Holyfield. Clever, right? Well, not according to state law.

Read the rest of this story on DenverPost.com.

Source link