business

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

Published

5 months ago

July 17, 2024

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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

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business

Green Dragon dispensaries, grow facility to remain open after cash infusion

Published

1 month ago

November 16, 2024

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In an unexpected turn, Green Dragon, one of the largest dispensary chains in Colorado, will keep its stores and grow facility open.

The retailer’s parent company, California-based Eaze, got an infusion of $10 million from its owner, Jim Clark, to remain operating, it announced Tuesday. Clark, the billionaire founder of the defunct tech firm Netscape, foreclosed on the company’s assets in August for $54 million.

“We’ve just been working with the new ownership group to assess what we’re doing in the future,” said Cory Azzalino, Eaze’s CEO. “It’s nothing world-shaking, but I’m excited to keep going.”

Read the rest of this story on DenverPost.com.

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Green Dragon founders fired up to “get back to where we were” with new joint

Published

1 month ago

November 10, 2024

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The first dispensary chain founded by Alex Levine, Andy Levine and Lisa Leder is preparing to cease operations in Colorado, three years after they sold it.

But they have high expectations for take two — their new chain, Fired Cannabis.

“Our plan is to get back to where we were,” said Alex Levine. “It’s just a long detour.”

Read the rest of this story on DenverPost.com.

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384 flights canceled at DIA as heavy snow pelts metro Denver

Published

1 month ago

November 9, 2024

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At least 384 flights were canceled and 467 delayed at Denver International Airport on Friday as heavy snow pelted metro Denver and Colorado’s eastern plains.

The Federal Aviation Administration activated a traffic management program for flights bound for DIA “due to weather/snow-ice.” The average delay for flights under this plane was one hour and 50 minutes, FAA officials said, adding that departing flight schedules also may be affected by the weather.

There were 851 total delayed and canceled flights at DIA as of 11:45 a.m., according to Flight Aware. SkyWest reported the most cancellations with 183, followed by Southwest with 124, and Frontier with 30.

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

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