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Greenville Business Magazine

#YeahTHATAgenda: CBD Oil Warnings, New Brewery, Prisma Health, Cleva North America, Disney's New Star Wars Mini-Park

Mar 01, 2019 09:59AM ● By Chris Haire

S.C. Department of Agriculture Says Companies Cannot Add CBD Oil to Products Meant for Human or Animal Consumption: Now that the Palmetto State has legalized hemp farming and CBD oil, we've begun seeing the two products show up in a number of curious forms, from dog treats to healing balms to ice cream, chocolate, and beer. 

However, the SCDA -- citing rulings by the US Food and Drug Adminstration --say it's currently illegal to add CBD to food products. 

“In essence, this is identical to adding a drug to a food or feed product," says Derek Underwood, assistant commissioner of consumer protection at SCDA, in a recent statement.

The SCDA says its goal "is to educate the public, our manufacturing folks, and those in the Food and Feed industry" about the illegality of using CBD oil and hemp in food or feed products.

While the FDA has approved CBD oil to treat childhood epilepsy patients -- the reason for the S.C. General Assembly's support for pro-CBD legislation -- the federal agency has not approved it to be used in any animal products. 

All of that said, will the FDA actively punished companies or individuals that infuse products with CBD oil? The answer is not clear.

The FDA says, "When a product is in violation of the FD&C Act, FDA considers many factors in deciding whether or not to initiate an enforcement action. Those factors include, among other things, agency resources and the threat to the public health. FDA also may consult with its federal and state partners in making decisions about whether to initiate a federal enforcement action."

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Colonial Life, Prisma sharing renovated headquarters (Columbia Regional Businss Report)

Event raises glass to state’s craft beer industry (Columbia Regional Businss Report)



Old Navy splits off from Gap (Business Insider)

Martha Stewart Partners With Canadian Cannabis Firm (Manufacturing.Net)

In Taiwan, openly disputing facts with elder relatives is considered bad behavior. Many people are letting fact-checking chatbot Meiyu do it. (WSJ)

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Steve Navarro
The Furman Co.
President & CEO

Steve Navarro is president and CEO of the Furman Co., a 130-year-old firm focused on development, investment advisory services, and risk management. Navarro’s development and advisory services work spans multiple states and countries, corporate, and institutional clients. His primary focus is in South Carolina.

He is a counselor of real estate, was named a fellow of the London-based Royal Institution of Chartered Surveyors, serves on the Clemson University Advancement Board for Real Estate Development, and is a Certified Commercial Investment Member (CCIM). 

Navarro’s passion is the sustainable development of land. He has been a trustee with the Urban Land Institute (ULI) since 2008 and is a ULI Foundation Board member and governor.