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

[sleekscape]

CBD industry just caught a big break in Europe

Hopefully this is a good omen for CBD in America as well

The lack of any psychoactivity and zero impact on driving are the biggest differentiators between CBD and THC when it comes to public safety, FDA permissibility and national sales

All eyes are going to be on Validcare’s liver safety data — if there are any barriers remaining to the release of the FDA’s Enforcement Discretion Policy for CBD Products, that appears to be the sole issue pending

I would expect to see a PR from Validcare summarizing their preliminary findings once their study has concluded — “November” was the last date I heard for conclusion of the study

Here’s the pleasant surprise for the CBD industry in Europe — a continent-wide legalization ruling allowing the use of CBD in both Dietary Supplements and Food/Beverages:


European Commission reverses course, says CBD should not be regulated as a narcotic

https://hempindustrydaily.com/breaking-european-commission-reverses-course-says-cbd-should-not-be-regulated-as-a-narcotic/

The Commission cited last month’s Court of Justice ruling, which said CBD derived from the entire hemp plant is not a narcotic under an international drug treaty and is therefore subject to EU law on the free movement of goods among member states.

The Commission’s full statement to Novel Food authorization applicants reads as follows:

“In light of the comments received from applicants and of the recent Court’s judgment in case C-663/184, the Commission has reviewed its preliminary assessment and concludes that cannabidiol should not be considered as drug within the meaning of the United Nations Single Convention on Narcotic Drugs of 1961 in so far as it does not have psychotropic effect. As a consequence, cannabidiol can be qualified as food, provided that also the other conditions of Article 2 of Regulation (EC) No178/2002 are met.”

Full article here:

https://hempindustrydaily.com/breaking-european-commission-reverses-course-says-cbd-should-not-be-regulated-as-a-narcotic/


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