By David Khalaf
on May 16, 2022
Earlier this month, the U.S. Food and Drug Administration (FDA) for the first time issued warning letters regarding products that contain delta-8 THC. Letters were issued to five companies that were marketing products labeled as containing delta-8 THC in ways that, according to the FDA, violate the Federal Food, Drug, and Cosmetic Act (FDCA). Additionally,…
By LegitScript Folks
on April 29, 2022
What’s the latest on cannabis, marijuana, and CBD? In this episode of Merchant Risk Live, we talk with Gerard Olson, Associate General Counsel at LegitScript, who studies the complex world of cannabis regulation and tracks trends and regulatory changes in the industry. He answers listener questions about recent federal laws to legalize marijuana, risks of…
on April 20, 2022
The regulatory landscape of cannabis is complex and constantly changing. In this episode of Merchant Risk Live, regulatory expert Gerard Olson talks about the latest regulatory movements around CBD and marijuana, risks for payment service providers, and trends for the future. Learn more.
on March 10, 2022
Learn about common psychoactive substances for sale online and the legal approaches them in the United States. Download the guide now.
on December 07, 2021
A substantial shift to e-commerce in the past two years has upended underwriting processes and required new approaches to monitoring merchants online. Furthermore, changes to the economy, the supply chain, and consumer demand have merchants frequently updating their websites and inventory. It’s difficult for payment service providers to keep up.
In this course, we look at ways to effectively monitor changes to merchant websites and products. We’ll offer tips to “triage” a website to quickly identify the most likely problematic text and products. You’ll also learn where to look to identify hidden merchant behavior that may violate the law or your terms and conditions.
By Spencer Eide
on October 29, 2021
Potency Gaps, Carcinogens, High Heavy Metal Levels - LegitScript Study Reveals Even More Get all the surprising details. LegitScript reviewed hundreds of CBD websites for regulatory compliance, tested dozens of products for potency and safety, and investigated financial activity behind the transactions. A peek at just some of the findings revealed: 67% of tested CBD…
Get Your Copy of the Guide There has been considerable confusion about the status of hemp-derived CBD, and an inaccurate belief that these products are legal in all 50 states. These misunderstandings have only multiplied since the passage of the 2018 Farm Bill, which explicitly removed hemp from the federal controlled substance schedules. In reality,…
Get Your Copy of the Report A new law permitting the sale of hemp-derived CBD is a monumental shift in the US, and it promises big opportunities for CBD producers, merchants, and retailers. However, the CBD industry still has major hurdles to overcome. Read our free report to learn what the new farm bill says…
on October 27, 2021
What are the most highly regulated industries in online payments and what do you need to know about them? In this session, we highlight industries that recently have been the subject of frequent regulatory action, and discuss the particular pitfalls that draw regulatory scrutiny and cause card brand fines.
Using real case studies from recent regulatory actions, you'll learn from our policy experts about what to watch out for so you can more successfully navigate each industry.
on September 14, 2021
The proliferation of delta-8 THC has ignited a debate over how the products should be regulated and whether they are “legal” under U.S. law. Many states have moved to ban the sale of products containing delta-8 THC or regulate them.