A new report makes it clear that Americans are unsure about the regulation of CBD and the importance of buying their products from a reliable source.
A new report shows that nine out of ten Americans are confused about who regulates CBD.
“It is dizzying to follow and, unfortunately, too many Americans have no idea CBD is not regulated by the national agencies they know and trust,” the report’s authors wrote.
The U.S.-based company, Grocery Manufacturers Association (GMA), conducted a survey to find out if Americans were familiar with CBD. CBD, or cannabidiol, is a non-intoxicating cannabis-derived compound most often used as a dietary supplement to promote wellness.
More than six out of ten Americans have heard about CBD, and 34 percent of Americans have purchased a CBD product, according to the survey. However, most do not know the facts about the compound, particularly around how it is regulated.
While CBD products and the means by which to purchase them are wide-ranging, the regulation of CBD has not yet been solidified by the federal government. The lack of CBD clarity makes consumers easy targets for misleading or unverified claims.
The new report found that 92 percent of Americans “incorrectly assume or have no idea if CBD is federally regulated.” According to federal regulation, the fact is there is only one approved use of CBD by the U.S. Food and Drug Administration (FDA).
In July, the FDA formed the CBD Policy Working Group and pledged to expedite the regulation process. The agency also put out a message about the reality of unapproved CBD products.