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Trump administration cracks down on claims that CBD can treat cancer, diabetes, Alzheimer s

Trump administration cracks down on claims that CBD can treat cancer, diabetes, Alzheimer’s Updated Dec 17, 2020; . There are all sorts of claims out there about CBD: It can cure cancer. It can protect against Alzheimer’s disease. It can treat autoimmune diseases and autism. These and other claims about cannabidiol were advertised by companies that sell those products. And they all had one thing in common, according to the Federal Trade Commission: They were false. The FTC announced on Thursday that it was penalizing six CBD companies for making such claims, including requiring some of them to pay more than $246,000 to the government from shares of their revenues.

Longmont Company Part of Federal Trade Commission CBD Crackdown, Operation CBDeceit

This is the second time that the FTC has disciplined the CBD industry, says Smith, whose agency reprimanded a California company in April for making false claims about CBD s prevention or treatment of COVID-19. This is the first time that the FTC has put the bite on multiple businesses at once, though; five of those companies paid between $20,000 and $85,000 in penalities. We are not saying CBD products cannot provide some benefit to some CBD consumers, [but] the same rules of the road apply to CBD products as all dietary health products and supplements, Smith said during a press conference announcing the operation. Some companies claimed that their CBD products were more effective than prescription medication for that condition. . That proof simply doesn t exist, and there can be serious life consequences that grasp at the hope.

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