Branded Legacy Inc (BLEG)

[CannaDude]

As FDA Principal Deputy Commissioner Amy Abernethy put it:

"We understand this is an important national issue with public health impact and of interest to American hemp farmers and many other stakeholders. The agency has a well-established pathway for drug development and drug approvals, and we remain committed to evaluating the agency’s regulatory policies related to other types of CBD products. We plan to report our progress by early this fall as we expedite our work to address the many questions about CBD. The step-wise, science-based approach we’re taking protects patients and the public health, fosters innovation for safe and appropriate products, and promotes consumer confidence."

As for Curaleaf, the company said it is “committed to the highest standards of quality and compliance and will work collaboratively with the FDA to resolve all issues addressed in the agency's letter.” It has 15 working days to do so.

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