CBD News Roundup: FDA Tells Ex-NFL Player to Stop Making CBD, COVID-19 Claims

fda tells retired nfl player to stop making cbd, covid-19 claims

Here’s the latest CBD news:

  • The CBD company of retired NFL player Kyle Turley has received a warning letter from the FDA to stop making claims about CBD related to COVID-19.
  • Hemp businesses are eligible to receive financial assistance from the COVID-19 stimulus bill.
  • South Dakota Governor Kristi Noem has signed a bill into law that legalizes hemp and CBD, as well as establishes a hemp production program in the state.

Latest CBD News

  1. FDA Tells Ex-NFL Player to Stop Making CBD, COVID-19 Claims
  2. Hemp Businesses Are Eligible for COVID-19 Relief
  3. South Dakota Governor Signs Hemp Legalization Bill

FDA Tells Ex-NFL Player to Stop Making CBD, COVID-19 Claims

Neuro XPF, the CBD company owned by retired NFL player Kyle Turley, has received a warning letter from the FDA for its claims about CBD related to COVID-19.

In its letter, the FDA said Neuro XPF made claims about its products that “misleadingly represent them as safe and/or effective for the treatment or prevention of COVID-19.”

FDA said the following quote on Neuro XPF’s website was an example: “We want everyone to take CBD and take advantage of its potential to help prepare your body to fight a coronavirus infection.”

Another example the FDA noted was on the CBD company’s social media accounts: “Crush Corona! Your best defense against the COVID-19 blitz starts with a strong immune system.”

The FDA gave Neuro XPF 48 hours to review its “websites, product labels, and other labeling and promotional materials” and email the agency about the corrections the company made.

“Failure to immediately correct the violations cited in this letter may result in legal action, including, without limitation, seizure and injunction,” wrote the FDA.

Neuro XPF is now on a list of companies that the FDA has sent warning letters to regarding “Fraudulent Coronavirus Disease 2019 (COVID-19) Products.”

Turley—a former offensive lineman who played for the New Orleans Saints, St. Louis Rams, and Kansas City Chiefs over eight seasons—shared a copy of the response letter his company is sending to the FDA on Twitter.

In the letter, Neuro XPF states that it has “removed all written and visual references to our “Crush Corona” educational and promotional campaign from neuroxpf.com and our social media sites.”

The company also acknowledged that the FDA has not approved a vaccine or any other product to prevent, treat, or cure “this deadly virus.”

However, Neuro XPF also said, “we believe that our products are not misbranded and that neither our campaign nor any other Neuro XPF educational, promotional or marketing content makes any claim that they mitigate, prevent, treat, diagnose or cure COVID-19.”

Personally, Turley has been outspoken about his thoughts on CBD, cannabis, and COVID-19.

On March 8, Turley tweeted, “CBD CAN PREVENT AND CURE THE CORONA VIRUS!”

Later on March 31, Turley tweeted, “The [FDA] will one day acknowledge the power of cannabis and its ability to prevent & cure COVID19 and every other disease.”

Hemp Businesses Are Eligible for COVID-19 Relief

Hemp businesses and farmers may be eligible for benefits from the Coronavirus Aid, Relief and Economic Security (CARES) Act that was signed into law last Wednesday, March 25.

The legislation provides $350 billion to small businesses, defined as businesses with less than 500 employees.

Here are some of the details of the Paycheck Protection Program, according to Hemp Grower:

  • Small businesses can apply for loans to cover payroll costs and salaries, costs related to the continuation of healthcare benefits, mortgage or rent payments, utilities and interest on other debt incurred before February 15 of this year. The borrower must provide certification on what it will use the money for.
  • The covered period is between February 15 and June 30.
  • The loan amount is limited to $10 million for companies that have existed prior to 2019. For others, the limit is 2.5 times the average amount of payroll costs in a one-year period.
  • Apply for a loan through any existing SBA 7(a) lender or any federally insured depository institution, federally insured credit union and participating Farm Credit System institution. Consult with your local lender to see if it is participating in the program. 
  • A sample application form is available online.
  • Loans will be available starting April 3.
  • Loans may be partially forgiven if employers maintain their payroll during the covered period. To seek forgiveness, the borrower must submit an application that verifies payments.
  • For more details, visit the SBA website.

The CARES Act grants $44 billion for agriculture businesses, which includes assistance for farmers.

  • $9.5 billion to the U.S. Department of Agriculture (USDA) to provide financial support to farmers and ranchers growing specialty crops.
  • $14 billion to the Commodity Credit Corporation to support programs to assist agricultural producers. 
  • $20.5 million of lending for the USDA Rural Development Business and Industry Loan Guarantee Program.

Please go to the USDA’s portal for farmers for more information on loan programs.

We thank Hemp Grower for compiling this information to help hemp businesses and farmers.

South Dakota Governor Signs Hemp Legalization Bill

South Dakota Governor Kristi Noem has signed a bill legalizing hemp that provides millions in funding to establish a hemp production program in the state.

However, in light of the COVID-19 pandemic, Governor Noem could not guarantee the funding for the program would remain.

“I’m signing these 15 bills with one caveat — we may need to come back in June and make drastic changes to both the current budget and next year’s fiscal year budget,” said Noem in a statement.

Before farmers can begin planting, South Dakota must submit its hemp production plan to the USDA for approval.

The USDA approved the hemp plans of South Carolina and West Virginia this week, bringing the total number of approved states to 14.

On March 8, Turley tweeted, “CBD CAN PREVENT AND CURE THE CORONA VIRUS!”

Later on March 31, Turley tweeted, “The [FDA] will one day acknowledge the power of cannabis and its ability to prevent & cure COVID19 and every other disease.”

Hemp Businesses Are Eligible for COVID-19 Relief

Hemp businesses and farmers may be eligible for benefits from the Coronavirus Aid, Relief and Economic Security (CARES) Act that was signed into law last Wednesday, March 25.

The legislation provides $350 billion to small businesses, defined as businesses with less than 500 employees.

Here are some of the details of the Paycheck Protection Program, according to Hemp Grower:

  • Small businesses can apply for loans to cover payroll costs and salaries, costs related to the continuation of healthcare benefits, mortgage or rent payments, utilities and interest on other debt incurred before February 15 of this year. The borrower must provide certification on what it will use the money for.
  • The covered period is between February 15 and June 30.
  • The loan amount is limited to $10 million for companies that have existed prior to 2019. For others, the limit is 2.5 times the average amount of payroll costs in a one-year period.
  • Apply for a loan through any existing SBA 7(a) lender or any federally insured depository institution, federally insured credit union and participating Farm Credit System institution. Consult with your local lender to see if it is participating in the program. 
  • A sample application form is available online.
  • Loans will be available starting April 3.
  • Loans may be partially forgiven if employers maintain their payroll during the covered period. To seek forgiveness, the borrower must submit an application that verifies payments.
  • For more details, visit the SBA website.

The CARES Act grants $44 billion for agriculture businesses, which includes assistance for farmers.

  • $9.5 billion to the U.S. Department of Agriculture (USDA) to provide financial support to farmers and ranchers growing specialty crops.
  • $14 billion to the Commodity Credit Corporation to support programs to assist agricultural producers. 
  • $20.5 million of lending for the USDA Rural Development Business and Industry Loan Guarantee Program.

Please go to the USDA’s portal for farmers for more information on loan programs.

We thank Hemp Grower for compiling this information to help hemp businesses and farmers.

South Dakota Governor Signs Hemp Legalization Bill

South Dakota Governor Kristi Noem has signed a bill legalizing hemp that provides millions in funding to establish a hemp production program in the state.

However, in light of the COVID-19 pandemic, Governor Noem could not guarantee the funding for the program would remain.

“I’m signing these 15 bills with one caveat — we may need to come back in June and make drastic changes to both the current budget and next year’s fiscal year budget,” said Noem in a statement.

Before farmers can begin planting, South Dakota must submit its hemp production plan to the USDA for approval.

The USDA approved the hemp plans of South Carolina and West Virginia this week, bringing the total number of approved states to 14.

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