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

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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."

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