US Hemp Supplement Market Could Go Up In Smoke, Cast Cloud On Cannabis Without Regulation

Market's direction depends on different influences, according to witnesses testifying at recent House hearing looking at FDA’s position on using hemp ingredients in food and dietary supplements. Rising costs and plummeting prices hit marketers as acreage for hemp and amount harvested shrink.

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The US market for dietary supplements containing hemp ingredients may be approaching a point of either collapsing or rebounding toward the potential expected when the botanical was de-scheduled as a controlled substance.

The direction the market goes depends on different influences, according to witnesses testifying at a recent House hearing looking at the Food and Drug Administration’s position

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