Hemp Labs of America is replete with information regarding CBD legalization and manufacturing. At the moment, it specializes in manufacturing balms, capsules, gels, and tinctures. If you are looking to start your own CBD company, Hemp Labs of America can be a valuable resource. Below is some information to keep in mind if you are considering whether or not to start such a business.
The Industry and Market
In December 2018, President Donald Trump signed a bill that legalized cannabis. The next month, a cannabis company called Canopy Growth had a 13% increase in shares thanks to coverage from independent investment bank and financial services company Piper Jaffray. This shows that people are willing to invest in the cannabis industry and that there is a market for it. Because of the legalization, researchers are able to test the effects of hemp in favorite consumer products.
It is believed that the legal sale of cannabis products can improve the health and wellness of consumers. It is important that you are educated on the effects of your product before you make claims of what it can do.
When dealing with matters regarding industrial hemp, it is important to be aware of what the law allows. It is important to note is that a CBD product cannot claim to treat a disease unless it gains FDA approval. CBD products can be sold commercially as long as the hemp from which they are produced contains no more than 0.3 percent tetrahydrocannabinol (THC). This includes all of the acids, salts, isomers, and salts of isomers within THC.
When in doubt about whether you are allowed to conduct business, consult your legal counsel and contact the agency in your state that is in charge of the industrial hemp pilot research program.
How Hemp Labs of American Can Help
Hemp Labs of America are efficient when it comes to CBD manufacturing. If you have your own CBD formula in mind, Hemp Labs of American will be able to make it. You can fill out a product development request form. If you need help making a custom CBD formula, the lab is full of experts who would be able to help you out with the process. The purchasing department would also be able to label and package your CBD product for you, keeping in mind the best way to reflect your brand. Before the final packaging, your product will be tested to ensure that it is in fact stable. Your hemp oil product order can be manufactured with a lead time of six to eight weeks.
For some, starting a CBD company can feel daunting. It is important to know the manufacturing process and ins and outs of the industry when starting your own CBD company. Contact Hemp Labs of America with any questions regarding CBD manufacturing.