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Seller of hemp consumables pushes back against state crackdown
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InvestorNewsBreaks – Flora Growth Corp (NASDAQ: FLGC) Releases Status Update on Colombian Assets Sales Agreement
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Flora Growth Corp (FLGC) Provides Update on Sale of Colombian Assets, Sees Savings of $6 1M+
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Flora Growth Corp Announces Update on Sale of Colombian Assets; Expects Asset Sale to Contribute to Anticipated Annual Savings of US$6 1 million
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CBD Labeling Suit Doesn t Need To Wait On FDA Guidance
Law360 (May 18, 2021, 7:33 PM EDT) A California federal judge on Tuesday gave a consumer another chance to pursue a proposed class action alleging that Just Brands USA Inc. and other CBD companies overstate on their labels the amount of the popular cannabinoid that is in their products.
In an order dismissing the matter without prejudice, U.S. District Judge Otis D. Wright II denied Just Brands bid to pause the action until the U.S. Food and Drug Administration releases long-awaited CBD regulations, saying any such rules would be unlikely to affect the claims at issue.