Skye Bioscience Inc (SKYE)

[Scout72]

This is huge news but it was not approved by the FDA. It was recommended for approval by an FDA advisory panel:

"The 13-to-0 vote sets the stage for the approval of the first-ever cannabis-derived treatment in the United States."

"The FDA does not have to act on the recommendations of its experts, but typically does."

"A potential approval of the drug, Epidiolex, a final decision on which is due by June 27, would confirm the therapeutic benefits of cannabidiol (CBD) - an active ingredient found in marijuana from which the drug is derived."