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Articles by Nicholas Saraceno


FDA Fails to Deliver Congressionally Mandated Report on CBD Regulations

February 25, 2020

The U.S. Food and Drug Administration (FDA) failed to meet its deadline to provide a Congressionally mandated report on how it plans to regulate CBD. Congress instructed the FDA in last year’s spending bill to adopt an enforcement discretion policy within 120 days and provide an update of its progress after 60 days. The agency’s first report […]

NPA Exits Chapter 11 Bankruptcy

February 20, 2020

The Natural Products Association (NPA) announced that it will exit chapter 11 bankruptcy effective immediately. A judge granted NPA’s filing to dismiss the case after just over six months of court proceedings. “This was a business decision, it was the right thing to do, and it is an exciting day for NPA because we emerge […]

CRN Applauds U.K. Food Standards Agency for Clear Path Forward for CBD

February 19, 2020

On Feb. 13, the U.K. Food Standards Agency (FSA) announced it has set a deadline for CBD authentication. FSA is giving the CBD industry a deadline of March 31, 2021 to submit valid novel food authorization applications. After the deadline, only products which have submitted a valid application will be allowed to remain on the market. The […]

Sunsoil Earns Organic Certification for Full-spectrum CBD Oils

February 18, 2020

Sunsoil (Vermont) is approved as a Certified Organic producer by the USDA (U.S. Department of Agriculture) and will feature the USDA Organic Seal on a majority of its portfolio* starting in February 2020. The USDA Organic Seal is one of the highest standards for consumer-packaged goods, requiring manufacturers to adhere to strict standards in farming, natural […]

Ahold Delhaize USA to Close Midwest Online Grocery Sales Operations

February 18, 2020

Massachusetts-based Ahold Delhaize USA announced plans to close the midwest division of its Peapod online grocery sales business, which comprises $97 million in revenue of the $1.1 billion in total online revenue in the U.S. This decision will enable Ahold Delhaize USA to focus on expanding the leadership position of its brands on the East […]

For The Biome Secures Financing from JHCapital

February 18, 2020

For The Biome, the Vermont-based wellness and skin care company launched last year by Paul and Barbi Schulick, has announced a partnership with the JHCapital family office of Jim Crook and Allison Maino. With more than 35 years of leadership experience and a track record of growing companies in Vermont and beyond, Crook is the […]

NJ Lawmakers Propose Access to Financial Services for CBD Companies

February 13, 2020

Companies producing and selling hemp-derived CBD products would have access to essential banking services under new legislation introduced yesterday in the New Jersey State Senate. The legislation, introduced by State Sen. Robert W. Singer (R-NJ-30), would clarify that banks and credit unions will not be penalized by state regulators for working with legitimate hemp businesses. The […]

Industry Coalition Sends Coronavirus Reminder to Consumers, Retailers

February 12, 2020

The U.S. dietary supplement industry is aware of the growing concern regarding the Novel Coronavirus (COVID-19) and of the public’s desire to protect itself against the virus. Four trade associations representing the dietary supplement industry, the American Herbal Products Association (AHPA), the Consumer Healthcare Products Association (CHPA), the Council for Responsible Nutrition (CRN) and the […]

Trump Requests $5 Million for CBD Regulation

February 11, 2020

President Trump requested $5 million to regulate the CBD industry in its new FY2021 budget. Specifically, the request would “allow the Food and Drug Administration (FDA) to continue enforcing the law to protect patients and the public while also providing potential regulatory pathways … for products containing cannabis and cannabis-derived compounds.” “This is a step […]

Impact of Coronavirus on the Natural Products Industry

February 11, 2020

The new strain of coronavirus grabbing headlines and generating health concerns around the world was given an official name by the World Health Organization (WHO) on Feb. 11, 2020: COVID-19. Back in December 2019, the virus was first reported in Wuhan, China, and was traced to a novel strain.  The COVID-19 virus, in some instances, can cause […]

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