New York Governor Keeps CBD Rules in Limbo

November 7, 2019 09:00:57

Although it is quite a divisive product, cannabidiol has taken the world by storm. The compound has proven itself as one of the most powerful and versatile natural medicines seen in years, if not decades. Backed by plenty of anecdotal evidence, CBD is said to be effective against a variety of conditions ranging from chronic pain, anxiety and depression to high blood pressure. For the past year, the CBD industry has seen unprecedented growth in both demand and supply. This comes after the December 2018 Farm Bill that legalized the cultivation of industrial hemp, the plant that produces cannabidiol. Last week, after pressure from stakeholders and interested parties, the USDA finally passed its interim final regulations for the hemp industry.

However, as states and tribes are reviewing and working on implementing the new regulations, the state of New York still remains in a state of uncertainty. A bill that would regulate CBD has already been passed by the State Legislature but Governor Andrew Cuomo hasn’t acted on it yet. The Senate sponsor of the bill, Jen Metzger, a Democrat from the Hudson Valley says that right now, the CBD market is like…


About CBDWire

CBDWire (CBDW) is a specialized information provider focused on (1) reporting CBD-related news and updates, (2) releasing CBDNewsBreaks crafted to keep investors abreast of the latest and greatest in the CBD market, (3) refining and enhancing corporate press releases, (4) delivering end-to-end distribution and social media services to client-partners and (5) constructing effective corporate communication solutions based on the unique requirements of CBD companies. CBDW is exclusively positioned in the burgeoning CBD sector with a proven team of journalists and researchers working to deliver high quality content to an expansive target audience of investors, consumers and industry news outlets. Our dissemination network of over 5,000 downstream distribution points allows us to deliver unparalleled reach, visibility and recognition to companies operating in both cannabidiol and the wider cannabis space. CBDWire (CBDW) is where CBD news, content and information converge.

To receive instant SMS alerts, text CBDWire to 21000 (U.S. Mobile Phones Only)

For more information please visit

Please see full terms of use and disclaimers on the CBDWire website applicable to all content provided by CBDW, wherever published or re-published:

Do you have a questions or are you interested in working with CNW? Ask Our Editor

Denver, Colorado
303.498.7722 Office