Tuesday, June 04, 2019 8:25:50 PM
The FDA can take a fast path "if" they use many safeguards that are already in place. Supplements already have standards in manufacturing, labeling already has standards as well. By working with all the existing agencies they can streamline and establish a set of rules and laws. Many major agencies and private companies have already offered all their data and research. Obviously the majority want CBD, so the pressure is on to make it happen.
Companies that jump the gun, will be penalized or shut down by the FDA or even the USDA. They can also be hurt by the OTC, with CE and or the Pink issues. The first public meeting on all of this was just last week. Many decisions companies may have made previous may have been slowed down due to all of this. IMO
I am Long in FTEG and holding, I can only assume they (FTEG) may have got caught up in some of this crap. I don't know, as they have offered no updates lately.
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