Guest Column: FTC cracks down on CBD claims
Randy Hutchinson
Randy Hutchinson is the President and CEO of the BBB of the Mid-South, serving 28 counties in Tennessee, Mississippi and Arkansas. He graduated from Western Maryland College and has an MBA from Wilmington College.
In an initiative called Operation CBDeceit, the FTC reached settlements with seven more companies it alleged were making unsubstantiated claims about their CBD products.
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Beware of health claims for CBD products
Since 2015, the FDA has sent warning letters to at least 23 companies about claims regarding their products. The FTC co-signed some of the FDA’s letters, including three sent in March, and sent letters to three companies on its own in September.
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The fundraising companies kept as much as 90 cents of every dollar raised and, according to the FTC, very little of the money they actually delivered to the charities was used for the purposes they claimed.
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