The FDA is putting together a group of experts to figure out how to handle the $1 billion CBD industry

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 51%

Philippines News News

Philippines Philippines Latest News,Philippines Philippines Headlines

The group will develop options for Congress to allow the cannabis-derived substance in food products, FDA Commissioner Scott Gottlieb said.

The science on CBD's therapeutic benefits is less clear, however. The FDA has approved only one CBD-based drug,Regulators are gearing up to decide how to handle the $1 billion CBD industry, whose lotions and cookies currently exist in a legal haze

"The law only allows for the FDA to contemplate putting a drug that wasn't previously in the food supply into the food supply if it goes through the rulemaking process," said Gottlieb."We've never done this before. It would be a highly novel rulemaking process."

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in PH

Philippines Philippines Latest News, Philippines Philippines Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

FDA considers yanking nicotine vaping pods off the marketU.S. Food and Drug Administration Commissioner Scott Gottlieb said Tuesday that his agency may need to pull pod-based nicotine products off the market as it fights a surge in teen vaping. Tobacco much! Smoke cigarettes And cigarettes? Those are still fine, just expensive eh?
Source: latimes - 🏆 11. / 82 Read more »