InvestorsHub Logo
Followers 10
Posts 1449
Boards Moderated 0
Alias Born 12/27/2007

Re: Amac1001 post# 17031

Thursday, 12/20/2018 8:23:49 PM

Thursday, December 20, 2018 8:23:49 PM

Post# of 29669

FDA reiterates oversight role on cannabis food & drink
Dec. 20, 2018 5:13 PM ET|By: Douglas W. House, SA News Editor

In a statement, FDA Commissioner Scott Gottlieb, M.D. says the passage of the U.S. farm bill, now called the Agriculture Improvement Act of 2018 since it is law, does not diminish the agency's regulatory oversight role related to cannabis-containing food and drink.

He says the FDA will be diligent in monitoring the cannabis (hemp) marketplace to ensure that makers of non-approved products are not making unsubstantiated medical claims.

Also, the Food, Drug and Cosmetics Act prohibits interstate commerce of food containing cannabidiol (CBD) or tetrahydrocannabinol (THC) since they are active ingredients in FDA-approved drugs, but he says there are "pathways available" for those who seek to lawfully introduce these products into interstate commerce, adding that the agency will "continue to take steps" to make said pathways more efficient.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.