Stock Market News

How to Regulate Cannabis Compound with CBD-FDA

2022.12.27 14:41

 

How to Regulate Cannabis Compound with CBD-FDA

Budrigannews.com – The Wall Street Journal, citing FDA officials, reported on Tuesday that the FDA plans to issue recommendations on how to regulate the popular cannabis compound CBD’s use in food and supplements.

According to the report, the FDA will decide within months how to regulate legal cannabis and whether this will require new agency rules or new legislation from Congress after weighing the evidence regarding the compound’s safety.

In the wake of the report, U.S.-listed cannabis companies’ shares were down between 5% and 9% in afternoon trade.

CBD, or cannabidiol, is a non-psychoactive ingredient that comes from cannabis.

Cannabis merchandise, with Jazz Pharmaceuticals (NASDAQ:) excluded In the United States, Plc’s Epidiolex are prohibited by federal law, but their use is permitted in some states.

Patrick Cournoyer, who heads the FDA office that is developing the agency’s cannabis strategy, told the WSJ that the agency wants to know if CBD can be safely consumed every day for an extended period of time or during pregnancy due to concerns about future fertility.

More Court overturned verdict for insider trading of 4 accused

When Reuters inquired about the FDA’s response, the agency cited a statement from last year stating that it was working to improve regulatory pathways for the legal marketing of appropriate cannabis and products derived from cannabis.

How to Regulate Cannabis Compound with CBD-FDA

Related Articles

Leave a Reply

Back to top button
bitcoin
Bitcoin (BTC) $ 96,046.73 2.05%
ethereum
Ethereum (ETH) $ 3,372.86 1.89%
tether
Tether (USDT) $ 0.998578 0.01%
xrp
XRP (XRP) $ 2.17 3.60%
bnb
BNB (BNB) $ 694.14 1.55%
solana
Solana (SOL) $ 189.37 2.58%
dogecoin
Dogecoin (DOGE) $ 0.314436 3.24%
usd-coin
USDC (USDC) $ 0.999781 0.02%
staked-ether
Lido Staked Ether (STETH) $ 3,370.44 1.88%
cardano
Cardano (ADA) $ 0.871287 2.52%
tron
TRON (TRX) $ 0.257743 1.28%
avalanche-2
Avalanche (AVAX) $ 37.53 4.10%
the-open-network
Toncoin (TON) $ 5.76 1.86%
chainlink
Chainlink (LINK) $ 22.85 3.20%
wrapped-steth
Wrapped stETH (WSTETH) $ 4,005.63 1.87%
shiba-inu
Shiba Inu (SHIB) $ 0.000022 2.57%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 95,783.66 2.32%
sui
Sui (SUI) $ 4.21 4.11%
hedera-hashgraph
Hedera (HBAR) $ 0.282875 7.62%
stellar
Stellar (XLM) $ 0.356717 3.90%
polkadot
Polkadot (DOT) $ 7.00 3.20%
bitget-token
Bitget Token (BGB) $ 7.19 14.68%
weth
WETH (WETH) $ 3,370.73 1.91%
hyperliquid
Hyperliquid (HYPE) $ 26.86 1.88%
bitcoin-cash
Bitcoin Cash (BCH) $ 442.91 2.30%
leo-token
LEO Token (LEO) $ 9.10 4.06%
uniswap
Uniswap (UNI) $ 13.82 4.23%
litecoin
Litecoin (LTC) $ 103.27 3.28%
pepe
Pepe (PEPE) $ 0.000018 2.05%
wrapped-eeth
Wrapped eETH (WEETH) $ 3,558.16 1.96%
near
NEAR Protocol (NEAR) $ 5.11 2.70%
ethena-usde
Ethena USDe (USDE) $ 0.998213 0.00%
usds
USDS (USDS) $ 1.00 0.17%
aave
Aave (AAVE) $ 340.26 2.88%
aptos
Aptos (APT) $ 8.95 2.96%
internet-computer
Internet Computer (ICP) $ 10.38 3.64%
crypto-com-chain
Cronos (CRO) $ 0.151084 2.26%
polygon-ecosystem-token
POL (ex-MATIC) (POL) $ 0.482827 3.04%
mantle
Mantle (MNT) $ 1.19 1.59%
ethereum-classic
Ethereum Classic (ETC) $ 26.21 1.57%
vechain
VeChain (VET) $ 0.046804 5.08%
render-token
Render (RENDER) $ 7.19 1.75%
whitebit
WhiteBIT Coin (WBT) $ 24.70 0.08%
monero
Monero (XMR) $ 190.83 1.19%
bittensor
Bittensor (TAO) $ 472.36 2.09%
mantra-dao
MANTRA (OM) $ 3.61 2.45%
dai
Dai (DAI) $ 0.999606 0.01%
fetch-ai
Artificial Superintelligence Alliance (FET) $ 1.28 2.13%
arbitrum
Arbitrum (ARB) $ 0.763748 1.58%
virtual-protocol
Virtuals Protocol (VIRTUAL) $ 3.11 0.01%