CBD Industry Awaits Action From New Dem-Led Congress

Monday, February 1, 2021

Patrick Martin was quoted in Law360 discussing a CBD bill that is about to be reintroduced. The Hemp and Hemp-Derived CBD Consumer Protection and Market Stabilization Act of 2020, originally introduced as H.R. 8179, would broadly legalize the use of hemp-derived ingredients like CBD in dietary supplements. Lead sponsor Rep. Kurt Schrader, D-Ore., plans to reintroduce it this week, according to his office. Although the bill didn't go anywhere when it was put forward last year, it's got a real shot this time, according to Patrick. "Something like 8179 does stand a relatively good chance of passing this year with the current legislative environment because it's bipartisan, and [Senate Minority Leader Mitch] McConnell seems to be interested in fixing some of these issues," he said.

To read more of this article, click here.

Share on LinkedIn
test

People

Related Practice Areas

Keep up-to-date with the latest news from Cozen O'Connor

Enter your City or Zip.

Probably shouldn't change this:
Sign up to receive alerts, publications, and event / webinar invites.

By submitting your contact information, you are giving Cozen O'Connor consent to contact you via email.