After years of waiting for a regulatory greenlight on CBD in food and beverage ended in the FDA deferring the question back to the legislature, could Congress finally provide some clarity on CBD this year? As negotiations for the upcoming Farm Bill get underway, the U.S. hemp industry is pushing to make it happen. The U.S. Hemp Roundtable last week released a list of its key priorities for the new Farm Bill – the first major update to the law since the 2018 Farm Bill that initially cleared the path for much of today’s legal hemp market – and regulating CBD and other hemp-derived ingredients is at the top of the industry’s wishlist. According to Jonathan Miller, general counsel for the U.S. Hemp Roundtable, the industry group is encouraging Congress to include language in the bill that would direct the FDA to issue a ruling allowing for the inclusion of hemp-derived CBD in food, beverage and dietary supplements. The lack of regulation, he said, has been a major paint point for hemp farmers and CBD manufacturers, and many farmers and brands have shifted their focus towards hemp-derived THC ingredients like Delta-9. In 2018, market data firm the Brightfield Group projected that the hemp CBD market would reach $22 billion by 2022. By mid-2022, the firm reported that the U.S. hemp CBD industry would likely reach $5 billion in retail sales. “Had the FDA gotten ahead of everybody like they should have in 2019, we would have a thriving industry both on the CBD side and on the delta cannabinoid side,” Miller told BevNET. “But there’s just so much uncertainty, a lot of unregulated products as a result, and that’s why we need to get this regulation in the Farm Bill.” Beyond CBD, the U.S. Hemp Roundtable highlighted six more key priorities for the bill, including a call to “address the shortage of testing laboratories,” “reduce regulatory requirements for hemp grain and fiber farmers,” allow hemp grain to be used in animal feed, maintain the legal definition for “hemp,” support social justice initiatives and remove the felon ban preventing convicted felons from working in the hemp industry, and rule that hemp crops containing less than 1% THC content be deemed compliant with the USDA. “We feel really good,” Miller said. “We're not so arrogant to think that everything we asked for we're going to get, but we've narrowed it down to what we think are our top, realistic priorities, so we're hopeful.” |