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Monday, 07/26/2021 2:40:44 PM

Monday, July 26, 2021 2:40:44 PM

Post# of 30141
CBD Legalization Update + Latest Perspective on 3 Cannabis Bills

A few more recent cosponsors for CBD Legalization have signed on to HR 841, which continues to have strong bipartisan support, a vital feature of any bill that can pass the Senate:

https://www.congress.gov/bill/117th-congress/house-bill/841/cosponsors?r=2&s=4

— — —

ValidCare has proven through its research study that there aren’t any liver safety issues with CBD taken at typical daily OTC doses:

Investigators report to FDA no evidence of liver toxicity in the 839 adults consuming oral CBD

https://validcare.com/news/clinical-study-reports-cbd-liver-safety-results/

The publishing of that study in a medical journal remains pending

— — —

So we have 3 different cannabis legalization bills in play in this Congress:

MJ Legalization/Decriminalization (Chuck’s Bill)

MJ/Hemp/CBD Banking Legalization (SAFE Banking)

CBD Legalization


SAFE Banking remains the most likely cannabis legalization bill to pass this Senate

CBD Legalization is already part of Chuck’s MJ Decriminalization Bill:

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=165007325

CBD Legalization can also wind up being pared with SAFE Banking as well, so it has 2 separate chances to pass

Chuck’s MJ Bill is still in draft form and taking comments — there’s a pretty reasonable chance that we’ll see something akin to the STATES Act (exemption of MJ from Schedule of Controlled Substances rather than outright descheduling) in the final bill if the support for descheduling isn’t there:

3 Versions of MJ Decriminalization/Legalization

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=164910659


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