The "Hemp and Hemp-Derived CBD Consumer Protection and Market Stabilization Act of 2023" is a federal bill aimed at regulating the hemp and hemp-derived CBD industry to ensure consumer safety and market stability. The key provisions of the bill include establishing quality standards for hemp products, requiring accurate labeling and testing procedures, setting guidelines for advertising practices, and creating a framework for interstate commerce of hemp and CBD products. This bill aims to address issues such as inconsistent product quality, misleading marketing claims, and lack of regulatory oversight in the hemp industry. If passed, this legislation could lead to increased consumer confidence, standardized production practices, and a more transparent marketplace for hemp and CBD products.
2023-03-17: Introduced in House
2023-03-17: Referred to the House Committee on Energy and Commerce.
2023-03-24: Referred to the Subcommittee on Health.
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