CBD Scorecard: Center For Food Safety Says Only 4 Companies Rate An 'A'

The Center for Food Safety, a non-profit public interest group, is taking a firm stance in bringing transparency to the rapidly growing CBD industry. The non-profit recently issued a CBD Scorecard appraising 40 national CBD brands and their practices.

The survey only awarded 4 brands an “A” ranking. These companies are:

  • RE Botanicals
  • Palmetto Harmony
  • Green Gorilla
  • Fountain of Health CBD

Of the 40 brands reviewed, 28 were graded a C or lower, including many major players in the space. Scores were determined by a survey conducted by the Center for Food Safety, taking into account hemp farming practices and organic certification; method of hemp processing; third party testing for toxic ingredients like glyphosate or heavy metals; and transparency of the above information with consumers.

“We hope our colleagues in the industry will see this as a wake-up call to improve their practices, for the sake of our industry, the health of CBD consumers and the good of the planet,” said RE Botanicals founder and CEO John Roulac.

Click here for more information about the upcoming Benzinga Cannabis Capital Conference Oct. 22-23 in Chicago.

Other interesting results include:

  • The fact that only 6 companies make primarily USDA certified organic products.
  • Only 2 companies certify that they free of glyphosate, a pesticide classified as a probable carcinogen.
  • 72% percent of companies say that they support regenerative farming practices.
  • 65% of companies share their lab results online.

See the full report card below:

Market News and Data brought to you by Benzinga APIs
Posted In: CannabisMarketsCBDCBD ScorecredCenter for Food Safety
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

The Benzinga Cannabis Capital Conference is coming to Florida

The Benzinga Cannabis Capital Conference is returning to Florida, in a new venue in Hollywood, on April 16 and 17, 2024. The two-day event at The Diplomat Beach Resort will be a chance for entrepreneurs, both large and small, to network, learn and grow. Renowned for its trendsetting abilities and influence on the future of cannabis, mark your calendars – this conference is the go-to event of the year for the cannabis world.

Get your tickets now on bzcannabis.com – Prices will increase very soon!


Loading...