trending Market Intelligence /marketintelligence/en/news-insights/trending/VmvpW7mtkMfFYCvl91BKew2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

FDA, FTC warn cannabis seller over unproven therapeutic claims

Gauging Supply Chain Risk In Volatile Times

S&P Global Market Intelligence

Cannabis: Hashing Out a Budding Industry

Segment

IFRS 9 Impairment How It Impacts Your Corporation And How We Can Help

The Market Intelligence Platform


FDA, FTC warn cannabis seller over unproven therapeutic claims

U.S. regulators issued a warning to an online cannabis retailer for illegally selling unapproved cannabidiol-infused products online with unproven therapeutic claims and said Food and Drug Administration is "working quickly" to set regulatory guidelines for various CBD products.

In a joint warning letter, FDA and the Federal Trade Commission said Rooted Apothecary LLC made unfounded claims on its website, online store and social media pages that its products can treat teething pain and earaches in infants, autism, attention-deficit/hyperactivity disorder, and Parkinson's and Alzheimer's disease.

The Naples, Fla.-based cannabis retailer was also accused of illegally marketing the products as dietary supplements. CBD-infused products cannot be marketed as dietary supplements.

Rooted Apothecary is the seventh CBD-products seller to receive FDA warning in 2019.

"We are working to protect Americans from companies marketing products with unsubstantiated claims that they prevent, diagnose, treat, or cure a number of diseases or conditions. This is especially concerning when companies are peddling unproven CBD products for use in vulnerable populations like infants and children," acting FDA Commissioner Ned Sharpless said.

"[T]hese actions should send a message to the broader market about complying with FDA requirements."

The FTC said Rooted Apothecary violated the FTC Act by advertising its products as having therapeutic properties without rigorous scientific evidence sufficient to substantiate the claims. The FTC also said the products also did not include ample directions for use.

The two federal agencies gave Rooted Apothecary 15 working days to respond to how it will correct the violations.