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ARTICLE · 02 AUGUST 2024

FTC Updates (July 15-19, 2024)

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As we proceed through July, the FTC continues to bring the summer heat in cracking down on the advertising practices of cannabis manufacturers, and on the possible anti-competitive effects of serial acquisitions...

United StatesAntitrust/Competition Law

As we proceed through July, the FTC continues to bring the summer heat in cracking down on the advertising practices of cannabis manufacturers, and on the possible anti-competitive effects of serial acquisitions and roll-up strategies. All this, and more, after the jump.

Tuesday July 16, 2024

Bureau of Consumer Protection, Advertising and Marketing

  • On July 16, 2024, the FTC sent a second round of cease-and-desist letters, jointly with the U.S. Food and Drug Administration (FDA), to cannabis companies which market products containing Delta 8 tetrahydrocannabinol (THC) in packaging which closely resembles children's snack items. The first round of these letters was sent only last year, and was intended to put companies on notice that such products may violate the FTC Act and lead to enforcement. The FTC determined that such packaging may violate its prohibition against unfair or deceptive practices because it that presents unwarranted safety

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