 The Federal Trade Commission (FTC) announced this week that it will be sending refunds to customers for CBD products that were “deceptively marketed,” and allegedly “made false or unsubstantiated claims.”
$21,000 in total will be refunded to for the products sold by Arizona based company Kushly Industries LLC. This will be divided between 576 customers, which refunds each person about $36. The Federal Trade Commission said, “Consumers will receive either a PayPal payment or a check in the mail … The deadline for consumers to cash their checks is November 22, 2022. PayPal payments must be claimed by September 23, 2022.” Marijuana Moment reported that this action appears to stem from a 2021 complaint that the Federal Trade Commission filed against Kushly Industries, alleging that the company was making unsanctioned claims that its products could treat everything from acne to cancer and cited scientific studies in an attempt to substantiate those claims. The Federal Trade Commission, in conjunction with the US Food and Drug Administration, has previously warned or sued other companies about claims related to CBD products, and are currently trying to ramp up oversight of the industry. Comments are closed.
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