Since the passing of the Farm Bill, the CBD product market is growing exponentially. And since there’s also been an influx of CBD vape pens, gummies, baked goods and oils, it’s easy to think that CBD is here to stay. But with the legalization of CBD, it doesn’t necessarily mean that the conversation has ended on where CBD stands in the legal system. In fact it’s just the beginning.
Where CBD Regulation Stands Now
Even though the CBD industry is currently quickly expanding, it won’t be the case forever. When changes do come, the way CBD is licensed and regulated will most definitely be affected. Some companies are informed about this change and have adjusted their protocols and the way they distribute and formulate their product to match future compliance.
Vida is one company that is doing just this. The way they source and distribute their CBD is close to how CBD companies will have to be regulated in the future. Vida produces premium non-psychotropic hemp CBD extract products that are tested thoroughly using third party laboratories. Vida’s formulas are also monitored by United States Pharmacopeia, Association of Official Analytical Chemists and National Institutes of Health.
Vida is only one example of many companies who are complying to proper standards and producing a safe product in the CBD industry.
The Future Of CBD Regulation
A good way to see how CBD will evolve in the future is to model it after food and health supplements. In the same way that the food industry regulates their food grade products, the CBD industry will receive similar regulation. In order to stay ahead of the game, many CBD companies are modelling their policies in a similar way to the food and health industry. Some of these policies would include processing products in ISO-6 cleanrooms and implementing FSMA compliance, which means that you will be able to trace the product all the way back to the plant and source it was grown from. By taking a cue from the food industry, you are essentially treating CBD as a consumable, which it is, and you’re covering that base before regulatory policies cover it for you.
By complying with health standards now, CBD companies can be prepared for when the change actually happens. It’s also to ensure that they’re providing the best product possible to their customers.
Preparing For The Future Of CBD
In order to prepare for changes in CBD regulation, Vida already has things in place to ensure a quality CBD product that keeps in line with compliance rules. Vida sources their CBD from artisan growers and has their products tested for many different kinds of contaminants. Vida also ensures total transparency of their processes from cultivation of the plant to the extraction of the oil. Vida cultivates their products from organic sources whenever possible and are regulated by FDA trained professionals to establish and implement better hemp product standard operating procedures. They also use a CO2 method of extraction that makes for one of the cleanest, purest and most potent CBD product on the market.
Investing and Innovation
Once the compliance rules take effect, consumers will be more and more swayed and attuned to the companies who are already in compliance. This will no doubt cause the market to tighten up and specify, putting the leading companies at the forefront, who offer the safest and purest form of CBD.