“It (FDA) can approve the sale of some CBD products immediately...”
— Dr. Scott Gottlieb, Former FDA Commissioner on 7/3019 Op-Ed in Washington Post
Here is the full paragraph for context:
Given the pressure on the FDA to create a more immediate path for CBD products, this route might simply take too long. But there is a way that the FDA can fulfill its public-health obligations and meet the political demand for these goods: It can approve the sale of some CBD products immediately, while effecting a framework for their safe and proper regulation and a pathway for an enforceable market for these goods.
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I believe “some” products = THC-Free Pure CBD products, and if I am right, then only THC-Free CBD Isolate products would become nationally legal overnight
VATE uses THC-Free Pure CBD Isolate in their ready-to-drink CBD beverages, so bottles and cans of Elev8 CBD Lemon Iced Tea and Elev8 CBD Iced Coffee would get the green light to sell nationally
VATE is a monopoly stock because it is the only publicly traded company in America selling ready-to-drink CBD Coffee, but after FDA gives the green light for national sales, supermarket chains will begin to carry CBD Beverages and investors will want exposure to this very lucrative category — VATE is their only choice for RTD CBD Coffee
CANB uses THC-Free Pure CBD Isolate in all of their CBD Oil products, so their entire lineup of products would get the green light to sell nationally
Given the fact that they are the only publicly traded company in America whose entire lineup is composed of THC-Free Pure CBD Isolate (Charlotte’s Web, CV Sciences and the others make Full Spectrum CBD Oil products containing .3% THC), CANB would become a monopoly stock and all investors who want exposure to “FDA Legal” CBD Oil products approved for national sales would have only 1 choice — CANB
I wrote a fairly extensive piece last week about why THC-Free Pure CBD products are most likely to be the first ones permitted by the FDA to sell nationally:
AN FDA-CENTRIC CANNABINOID-BASED PARADIGM FOR CBD PRODUCT REGULATION
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