CBD edibles, infused foods and beverages, are predicted to be the next major growth area.
The Natural Products Expo West 2019 included the Natural Products Hemp and CBD Summit.
Trendspotting at Expo West 2019: CBD explosion 11-Mar-2019 By Elaine Watson
The fact that CBD is not a legal ingredient in foods and supplements – at least not yet – did not deter scores of exhibitors at Expo West, who added it to everything from soda to protein bars (absent any claims), with some opting for isolates, but most promoting full or broad spectrum hemp extracts. Read more…
Perfecting your food product (s) may be the easiest part of starting your company. Prior to selling your hemp based or cbd edible product commercially you have to be prepared for production, understand your client base and how to market to them, and how to get your food product into stores. And that’s the short list!
Hemp based food products, CBD edibles, infused foods and beverages, manufacturing must adhere to the same standards and licenses as all food and beverage producers. They are subjected to Department of Public Health and Environment regulations, permits and inspections.
Colorado: Manufacturers, warehouses, re-packers, shellfish dealers, salvage operations, grain storage facilities and industrial hemp operations must be registered. Registration is specific to the owner and location, and is not transferable. If you are manufacturing industrial hemp, please refer to our policy
Depending on what you want to produce, there may be additional documentation or training requirements to register as a manufactured food company. All wholesale manufacturers, re-packers and warehouses must comply with the FDA’s Code of Federal Regulations (CFR), Title 21, section 110, also known as the Current Good Manufacturing Practice in Manufacturing, Packing or Holding Human Food.
There are also regulations specific to cbd edibles, hemp seed oil infused, hemp based foods and beverage manufacturing.
The product must be labeled in conformance with state and federal labeling laws, including: clearly identify hemp as an ingredient, clearly identify CBD and the amount of CBD if added as an isolate, include the statement “FDA has not evaluated this product for safety or efficacy” and not contain any health or benefit claims. The producer must be able to document that the finished product does not contain more than three-tenths of one percent THC.
Hemp Way Foods’ founder and CEO, Carla Boyd takes you through the process of opening a hemp based food company. Carla started her company in her kitchen in 2013. Hemp Way Foods’ products are now available in select Colorado Alfalfa’s Markets, Lucky’s Markets, and restaurants.
Jenny Germano , founder and CEO of ICS Consulting Services, will cover labeling compliance, health and safety regulations, human resources, and developing employee handbooks.
Amber Wick will cover types of extraction method.
Preston Gardner, attorney, will go over the most common business contracts, how to decipher contracts, what needs to be in the specific contract, and what red flags to look for.
Addison Morris, Women’s Cannabis Chamber of Commerce, will teach you the techniques of win-win negotiating.
The course also covers the basics of marketing cbd and hemp based food products.
Opening a Hemp Based Food Company download 6 hours $1795.00
Women’s Cannabis Chamber of Commerce members receive $425 off one business course per year. Please refer to the membership page for a list membership benefits.
Instructors’ Profiles’ & Company Links
Members & Mentors CBD Forum provides continual support to everyone who downloaded the courses. Mentoring from established experts is invaluable and provides immediate solutions. Business questions and concerns will be addressed within the forum by course instructors.
The online forum gives entrepreneurs the opportunity to connect with other startups for both support and resources.
The business course does not cover business plans, corporate structure, or licensing. Links to that information are available on the Business Resource Page.