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Re: jwind1 post# 27531

Wednesday, 11/06/2019 5:51:11 PM

Wednesday, November 06, 2019 5:51:11 PM

Post# of 30145
First of all, Dr. Gottlieb has been saying the same thing all year long

In fact, the last sentence of the article links to a 3/20/19 article titled:

“FDA Chief Warns CBD Rulemaking Could Take Years Without Congressional Action

Here’s the link:

https://www.marijuanamoment.net/fda-chief-warns-cbd-rulemaking-could-take-years-without-congressional-action/

The ironic thing about linking to that article from March 20th is that 3/20/19 was a very bullish day for CBD Regulations getting done in 2019

That’s the famous Brookings Institute interview where Gottlieb gave away FDA’s timetable of 2019 for interim regs with enforcement discretion

That it would take 3-5 years for final regulations to be created for CBD products to become completely federally legal is something that I have seen everybody say all year long — it is nothing new

Every Senator, including Mitch, Chuck, and Ron Ogden, have said the same thing

So you need to take into consideration the context of that statement before you proclaim it in any way meaningful

The key clause which always follows 3-5 years is “without any Congressional action”

So “it would take 3-5 years for the FDA to create a fully legal pathway for CBD products without Congressional action” has been said and written about dozens of times all year long

So there is nothing alarming about that quote

The great thing we’ve all seen happen already is that Congressional action has already been taken — Mitch filed legislation in September mandating the FDA to declare a formal policy of Enforcement Discretion (de facto interim federal legalization) by January 2020

In addition, Gottlieb just stated yesterday that he believed the FDA would fold under Congressional pressure and create a legal pathway for national sales very soon

And Dr. Giroir just replaced Dr. Sharpless as interim FDA Commissioner last week

Dr. Giroir is Trump’s hand-picked Interim FDA Commissioner

And Dr, Hahn is Trump’s hand-picked permanent FDA Commissioner

So it looks like Dr. Giroir will be presiding over the FDA Report that is due to be released this Fall — so the probability of interim federal “legalization” using enforcement discretion has just gone up with Sharpless out of the picture and Giroir in his place

Either way, we should be seeing a policy of Enforcement Discretion for Pure CBD products in the Nov/Dec/Jan timeframe

Please read this post from yesterday to catch up with the very latest from Dr. Gottlieb and get on the same page with the most updated and accurate information:

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=152116095

Here is the most relevant excerpt:

HAHN’S PROCESS GETTING STUCK ON CBD?

That’s what former commissioner Scott Gottlieb guessed could happen in the Senate. “I think the FDA’s hand is going to get forced on this. I saw it when I was there — this was a top question that came up in meetings with Congress,” he said at a briefing with reporters at American Enterprise Institute, where he’s now a fellow. “It’s going to be hard to confirm an FDA commissioner without some kind of pathway on this; I think there will be holds on the nominee.”

Now that doesn’t sound anything like 3-5 years — if anything, it sounds closer to 3-5 weeks


Sleek

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