Monthly Extracts – April 2021

by Justyn Bostic
04.06.2021

Monthly Extracts Newsletter

 

Edition 12 – April 2021
Cannabinoid Beauty Trends (and Brands) That Are Already Winning 2021
April 6, 2021 – 8 min read
 Author: Nicole Brown, CRO

Cannabinoids are proliferating in beauty products, and it’s poised to take your skin-care routine to a higher level. That’s because the star ingredients, known for their reputed stress-reducing and pain-relieving (among many others) benefits in the wellness space, have incredible prowess when it comes to topical, skin-boosting use.

“For 5,000 years, cannabis has been helping everyone,” says Cindy Capobianco, co-founder of Lord Jones, a brand that makes CBD-laced edibles and body lotion. “Before 1937, when it was prohibited, there was a cannabis elixir on every shelf. It reduces inflammation and pain in a way I’ve never seen anything work.”

Keep reading for more on how cannabinoids work in beauty products, their skin-care benefits, which products and brands are poised to rule 2021, and the forces driving this markets’ momentus growth.

Cannabinoids are proliferating in beauty products, and it’s poised to take your skin-care routine to a higher level. That’s because the star ingredients, known for their reputed stress-reducing and pain-relieving (among many others) benefits in the wellness space, have incredible prowess when it comes to topical, skin-boosting use.

“For 5,000 years, cannabis has been helping everyone,” says Cindy Capobianco, co-founder of Lord Jones, a brand that makes CBD-laced edibles and body lotion. “Before 1937, when it was prohibited, there was a cannabis elixir on every shelf. It reduces inflammation and pain in a way I’ve never seen anything work.”

Keep reading for more on how cannabinoids work in beauty products, their skin-care benefits, which products and brands are poised to rule 2021, and the forces driving this markets’ momentus growth.

Industry News & Education

Validcare’s Clincial Study Reports Preliminary Results of CBD Liver Safety 

Validcare Virtual Study (TM) Platform began capturing real world evidence on the effects of CBD to support the FDA’s request for science-based data and to help lawmakers determine a safe and effective regulatory path forward for CBD.

Alongside 13 prominent brands in the industry, investigators tested the potential liver effects in healthy adults ingesting either full/broad spectrum hemp derived CBD or CBD isolate. In March, Validcare reports to FDA no evidence of liver toxicity and no increase in the prevalence of elevated liver function tests in the 839 study participants.

CBD Pet Market

Open Book Extracts Joins EIHA’s Novel Food Consortium to Achieve Compliance with Novel Food Regulations for Distribution of CBD Ingredients

The EIHA Novel Food Consortium, officially launched in June 2020, is the Association’s project aimed at clearing the way for hemp foods and extracts – including CBD – in the UK and European Union member states. By joining the Consortium established by the EIHA, OBX is joining forces with other companies to pursue the safety studies to provide safe and ready access to cannabinoid-based products throughout the UK and EU.

Floyd Mayweather And Jas Mathur Join Forces To Launch New CBD Line SMILZ

Floyd Mayweather is the newest big name entering the CBD category. Alongside Jas Mathur, Limitless CEO and famed businessman, Mayweather launches SMILZ, is a full-spectrum CBD brand designed for a wide range of customers.

Two Science Experts Join Open Book Extracts as Strategic Corporate Advisors

To support the development of its IP portfolio, including proprietary processes and formulations as well as molecular enhancements, OBX has engaged two leading experts as strategic corporate advisors to develop, protect, and commercialize intellectual property.

Dr. Emmanuelle Schuler PhD, MBA, now serves as a founding member of the OBX scientific advisory board, and Dr. John Weatherspoon PhD JD, will serve as intellectual property advisor for Open Book Extracts.

Isca Launches Ultra-Premium CBD Soda for a ‘New Type of Calm’

With flavors developed by British chef Michael Caines, who holds two Michelin stars and is the brand’s director of flavor development, Isca sodas are produced in California and made with all natural, superior quality ingredients, including U.S. grown, premium hemp extract known for its bioavailability.

CBD Pet Market

Boston Hempire Introduces CBD Gummy Line Inspired by Boston’s Transit System

Boston Hempire has rolled out a line of five new CBD gummies named after the Boston subway system train lines, paying tribute to the company’s hometown. The historic “T” is the oldest subway in the country, opening the first “Green Line” tunnels in 1897.

Regulatory News & Updates

CBD Pet Market

NY marijuana law makes sweeping changes to hemp rules, too

New York’s new marijuana law includes a dramatic overhaul of how the state’s hemp industry is regulated. The law signed by Gov. Andrew Cuomo last week makes a first-in-the-nation attempt to regulate hemp operators working with flower and cannabinoid products the same way the state oversees marijuana operators, designating a new category for “cannabinoid hemp” that will be governed by a new Office of Cannabis Management.

CBD Pet Market

Marijuana Banking Bill Reintroduced In Congress With Broad Bipartisan Support From More Than 100 Lawmakers

The SAFE Banking Act would ensure that financial institutions could take on cannabis business clients without facing federal penalties. Fear of sanctions has kept many banks and credit unions from working with the industry, forcing marijuana firms to operate on a cash basis that makes them targets of crime and creates complications for financial regulators.

CBD Pet Market

Key FDA official, CBD task force leader Amy Abernethy resigns

CBD Task Force Leader, Dr. Amy Abernathy’s resignation was announced in a memo from acting FDA Commissioner Janet Woodcock. Abernethy has served as the FDA’s principal deputy commissioner and acting chief information officer since February 2019.

CBD Pet Market

Mexico Marijuana Legalization Bill Clears Key Senate Committee, With Floor Vote Expected This Month

A bill to legalize marijuana in Mexico is one step closer to final passage. The measure passed the Senate last year, but was sent back to the body after being approved in revised form by the Chamber of Deputies. Now, on Monday, a key Senate committee advanced the amended legislation toward a final floor vote

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