SLEEKSCAPE'S 2022 CANNABIS & MARIJUANA MANIA GRAND SALAMI -- PART II

[sleekscape]

July 2020 CBD Recap

The FDA has submitted its Enforcement Discretion Policy for CBD to the White House, which means we are finally going to get our very first regulations for CBD Products since hemp was federally legalized in December 2018

It’s about damn time:

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=157109217

So what are the ramifications of Enforcement Discretion for CBD?

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=152461593

There are 3 possibilities for the FDA’s CBD Enforcement Discretion Policy

It will cover all 3 formulations, 2 formulations or only 1 formulation

Pure CBD or CBD Isolate is the formulation that appears to be the biggest lock to be chosen by the FDA, based on all of the evidence out there:

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=157163246

Canopy Growth is the largest cannabis company in the world and has worked most closely with the FDA on CBD, so they would be in the best position to know how the FDA feels about the differing CBD formulations:

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=156467566

Canopy Growth went with CBD Isolate for all of their CBD products (tinctures, edibles, even topicals):

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=157182370


Hemp Banking is something that the House addressed with the SAFE Banking Act contained in their economic stimulus bill, The HEROES Act:

https://hempsupporter.com/news/huge-news-safe-banking-act-included-in-house-cares-ii-bill-help-it-become-law

The Senate may have a counter proposal that would be very watered down when it comes to MJ Banking, but would fully open up Hemp Banking — we haven’t seen this proposal yet, but it may be introduced into the economic stimulus bill negotiations next week once the House and Senate reach agreement on the bare bones (unemployment, stimulus checks, PPP) aspects of the bill


Pure CBD (CBD Isolate) Legalization would be a logical move to be included in the economic stimulus bill, especially if all 3 formulations fall under the FDA’s Enforcement Discretion Policy

Jonathan Miller has been very enthusiastically touting the legislative prospects of Pure CBD Legalization, as recently as July 23rd (last link below), and he is the party closest to Mitch

Miller is the only public figure who predicted the introduction of HR 5587, which would legalize Pure CBD in Dietary Supplements and Foods/Beverages, so he has a track record of being very close to the situation in Congress:

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=156778158

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=157138712

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=157116311


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