CV Sciences Inc (CVSI)

[ap17]

Will be good for CBD if this HR 8179 bill passes.

CBD’s status could get solved rather quickly via a bill that was proposed during the last Congress. The 2-pages-long HR 8179, the would-be “Hemp and Hemp-Derived CBD Consumer Protection and Market Stabilization Act of 2020,” would simply make lawful for use as a dietary ingredient in a dietary supplement “hemp, cannabidiol derived from hemp, and any other ingredient derived from hemp,” if it complies with FDA’s requirements for “new dietary ingredients” and all other applicable FDA requirements like GMPs and labeling strictures.