NPA
NPA Exits Chapter 11 Bankruptcy
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 ...
NJ Lawmakers Propose Access to Financial Services for CBD Companies
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 ...
Trump Requests $5 Million for CBD Regulation
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 ...
Trump Signs Trade Deal That Includes Dietary Supplements
As the first trade agreement to specifically mention dietary supplements, on Jan. 29, President Trump signed the United States-Mexico-Canada Agreement (USMCA). Under the terms of the deal, the dairy industry, which includes manufacturers of whey protein, could see an increase in sales to Canada. NPA (Natural Products Association) applauded the Trump Administration for reaching the new trade deal. ...
“Phase One” Agreement with China Provides Some Relief to Supplement Importers
A partial trade agreement signed by the United States and China on Jan. 15, 2020, will reduce U.S.-imposed tariffs on some imported Chinese goods used by U.S. dietary supplement and food companies, but it will leave tariffs on other commodities in place, at least for the short term. The “Phase One” agreement reportedly covers many ...
Senior FDA Official Joins NPA
The Natural Products Association (NPA) announced that former U.S. Food and Drug Administration (FDA) official Sibyl Swift, PhD will be the new senior vice president for scientific and regulatory affairs for the association. The hire comes as NPA expands its international presence as a Codex Alimentarius NGO (non-governmental organization) observer and accelerates its advocacy efforts on ...
Congress Punts on Regulating CBD in Year-End Spending Bill
On Dec. 16, Congress punted on legislation to regulate the growing CBD industry and set a safe level of daily consumption. The conference report directs funding for research, policy evaluation, market surveillance and enforcement discretion related to CBD and hemp. Unlike legislation, the conference report does not have the force of law. The Natural Products Association (NPA) ...
Senate Confirms Hahn as FDA Commissioner
In a 72-18 Senate vote, Stephen Hahn, MD, FASTRO was confirmed as the new head of the U.S. Food and Drug Administration (FDA), taking charge at a regulatory agency that oversees products ranging from complex cancer drugs, to food, cosmetics, tobacco and CBD. “We look forward to working with Dr. Hahn and his staff to ...
NJ Senate Committee Approves Resolution Asking Congress to Set Safe Level for CBD Consumption
The New Jersey State Senate Health, Human Services, and Senior Citizens Committee unanimously passed a resolution asking the U.S. Congress to set a safe level for CBD consumption. President and CEO of the Natural Products Association (NPA), Daniel Fabricant, PhD, testified at the committee hearing. “NPA thanks the Committee for acknowledging that it is long past ...
President Trump Nominates Stephen Hahn as FDA Commissioner
According to Politico, President Donald Trump announced last week that he will nominate Stephen Hahn, MD, FASTRO, a cancer specialist and hospital administrator, to lead the FDA (U.S. Food and Drug Administration). Trump had been rumored to make this selection for several months. If confirmed by the Senate, the top FDA post would mark Hahn’s first ...
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