InvestorsHub Logo

sleekscape

02/14/20 5:09 PM

#24111 RE: DarthYoda #24110

The 2018 Farm Bill left the FDA in charge of regulating Hemp products

The FDCA is very clear

There are 4 different types of products — Foods, Supplements, Drugs and Cosmetics

Right now, only cosmetics and prescription drugs containing THC and CBD are unquestionably federally legal

Because both THC and CBD are subject to the drug exclusion clause, Foods and Supplements containing these cannabinoids are currently federally illegal according to the FDA’s interpretation of the FDCA

That is where we stand right now

The House Bill, HR 5587, is crystal clear

“Hemp-derived CBD” will be made exempt from the drug exclusion clause and therefore become legal to be placed in Foods and Supplements

If Congress wanted to legalize both Hemp-derived CBD and Hemp-derived THC in Foods and Supplements, then HR 5587 would have explicitly stated so by saying “Hemp-derived CBD and Hemp-derived THC”

But that’s not what HR 5587 says:

https://www.congress.gov/bill/116th-congress/house-bill/5587/text

SECTION 1. REGULATION OF HEMP-DERIVED CANNABIDIOL AND HEMP-DERIVED CANNABIDIOL CONTAINING SUBSTANCES.

(a) Inclusion In Definition Of Dietary Supplement.—Section 201(ff)(3)(B) of the Federal Food, Drug, and Cosmetic Act (21 U.S.C. 321(ff)(3)(B)) is amended in each of clauses (i) and (ii) by inserting “(other than hemp-derived cannabidiol or a hemp-derived cannabidiol containing substance)” after “an article”.

(b) Prohibited Act.—Section 301(ll) of the Federal Food, Drug, and Cosmetic Act (21 U.S.C. 331(ll)) is amended by inserting “(other than hemp-derived cannabidiol or a hemp-derived cannabidiol containing substance)” after “public”.


Sleek

sleekscape

02/14/20 5:11 PM

#24112 RE: DarthYoda #24110

FDA ENFORCEMENT DISCRETION FOR PURE CBD PRODUCTS ONLY

As the only publicly traded company in America growing and processing hemp for CBD Isolate and selling a full lineup of Pure CBD Oil products using terpenes to create the entourage effect, CANB is best positioned to deliver a windfall to its investors due to the FDA permitting the national sales of Pure CBD products only

Mile High Labs and Medterra are two of the biggest CBD Isolate processors and Pure CBD Oil products companies in America and both are wildly successful, but neither one is publicly traded, so where else can an investor gain exposure to a fully vertically integrated Pure CBD Oil product company besides CANB?


This is why CANB is a great stock to own before the FDA signals a policy of Enforcement Discretion for Pure CBD products

Here is a closer look at what Enforcement Discretion for Pure CBD products would mean for these products:

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=152570004


Now getting back to the question of CBD formulation and the difference between Pure CBD products, Full Spectrum CBD products and Broad Spectrum CBD products

When people say “CBD” and think about OTC products, there are 3 possible options that come to mind in terms of formulation

Before we talk about the different formulations, please understand that Hemp contains many different cannabinoids

Some say 50, others say 75, 100 or even 150+

We are only going to talk about the top 5 cannabinoids that show up in laboratory tests of hemp:

CBD

THC

CBG/CBN/CBC



Now, getting back to the most important topic of all — CBD formulations

A company has 3 basic options when it manufactures products containing CBD

1ST OPTION: “PURE CBD” OR “CBD ISOLATE”

1 CANNABINOID


CBD is CBD, right

It is often referred to as CBD Isolate

Isolate meaning the CBD is isolated from the other cannabinoids

There is Pure CBD and nothing else

A variety of different oils and fluids are typically used as solvents

Terpenes are federally legal and can be utilized to create the entourage effect


2ND OPTION: “FULL SPECTRUM CBD” OR “FULL SPECTRUM HEMP EXTRACT”

5 CANNABINOIDS


This is CBD + THC + CBG/CBN/CBC

There is no isolation or purification of the CBD here

CBD exists in its native form alongside 4 other cannabinoids (there are many more cannabinoids actually present, these are just the top 5 by concentration)

A variety of different oils and fluids are typically used as solvents


3RD OPTION: “BROAD SPECTRUM CBD”

4 CANNABINOIDS


This is CBD + CBG/CBN/CBC

The THC has been removed

In order to make this formulation, CBD is first isolated from everything else

After the THC has been removed, the CBD Isolate is then mixed back in with CBG/CBN/CBC

A variety of different oils and fluids are typically used as solvents


With this background information in mind, please feel free to read why I believe the FDA will choose Pure CBD (CBD Isolate) as the first CBD formulation to obtain federal permission to be placed into the food supply and dietary supplements, published on July 25th:

AN FDA-CENTRIC CANNABINOID-BASED PARADIGM FOR CBD PRODUCT REGULATION

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=150123700


Hard evidence supporting this Pure CBD thesis began pouring in shortly thereafter

On July 30th Dr. Gottlieb wrote a piece in the Washington Post which strongly suggested that Purified CBD will become the 1st CBD formulation permitted by the FDA:

PROOF THAT THE FDA WILL APPROVE CANB’S CBD OIL PRODUCTS

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=150292900


On August 9th, Dr. Gottlieb appeared on CNBC and added to the evidence that Pure CBD will receive the green light from the FDA:

CNBC VIDEO: PURIFIED CBD WILL BE FEDERALLY PERMITTED BY FDA

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=150438663


If you only have 15 seconds of time, watch Dr. Gottlieb rule out THC in CBD products right here:




On August 7th, Dr. Gottlieb appeared on C-SPAN and spoke about the timeframe for Pure CBD to be given the FDA’s blessing as “Immediate” — here’s a 90 second clip:

“IMMEDIATE” FDA APPROVAL FOR PURE CBD IN THE FOOD SUPPLY AND DIETARY SUPPLEMENTS


https://www.c-span.org/video/?c4813527/user-clip-dr-gottlieb-the-fda-approve-cbd-isolate-immediately


On 9/12/19 during a quarterly conference call, Aurora Cannabis CEO Terry Booth predicted the FDA will choose CBD Isolate as the first formulation to attain approval for national sales:

AURORA CEO PREDICTS FDA WILL CHOOSE CBD ISOLATE

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=151289189


On 10/17/19 Mile High Labs stated that they will be concentrating their processing and production of hemp on CBD Isolate:

MILE HIGH LABS, CANB’S BUSINESS PARTNER FOR HEMP PROCESSING, CONCENTRATING ON CBD ISOLATE


https://investorshub.advfn.com/boards/read_msg.aspx?message_id=152257781


On 12/3/19 Canopy Growth launched a line of CBD Oil products in America, comprised of CBD Isolate:

CANOPY GROWTH HAS CHOSEN CBD ISOLATE


https://investorshub.advfn.com/boards/read_msg.aspx?message_id=152599285


As the only publicly traded company in America growing and processing hemp for CBD Isolate and selling a full lineup of Pure CBD Oil products using terpenes to create the entourage effect
, CANB is best positioned to deliver a windfall to its investors due to the FDA permitting the national sales of Pure CBD products only

Mile High Labs and Medterra are two of the biggest CBD Isolate processors and Pure CBD Oil products companies in America and both are wildly successful, but neither one is publicly traded — so where else can an investor gain exposure to a fully vertically integrated Pure CBD Oil product company besides CANB?


Sleek

sleekscape

02/14/20 5:14 PM

#24113 RE: DarthYoda #24110

The FDA explains that both CBD and THC are subject to the drug exclusion clause right here:

9. Can THC or CBD products be sold as dietary supplements?

A. No. Based on available evidence, FDA has concluded that THC and CBD products are excluded from the dietary supplement definition under section 201(ff)(3)(B) of the FD&C Act [21 U.S.C. § 321(ff)(3)(B)]. Under that provision, if a substance (such as THC or CBD) is an active ingredient in a drug product that has been approved under section 505 of the FD&C Act [21 U.S.C. § 355], or has been authorized for investigation as a new drug for which substantial clinical investigations have been instituted and for which the existence of such investigations has been made public, then products containing that substance are excluded from the definition of a dietary supplement. FDA considers a substance to be "authorized for investigation as a new drug" if it is the subject of an Investigational New Drug application (IND) that has gone into effect. Under FDA’s regulations (21 CFR 312.2), unless a clinical investigation meets the limited criteria in that regulation, an IND is required for all clinical investigations of products that are subject to section 505 of the FD&C Act.

There is an exception to section 201(ff)(3)(B) if the substance was "marketed as" a dietary supplement or as a conventional food before the drug was approved or before the new drug investigations were authorized, as applicable. However, based on available evidence, FDA has concluded that this is not the case for THC or CBD.

FDA is not aware of any evidence that would call into question its current conclusions that THC and CBD products are excluded from the dietary supplement definition under section 201(ff)(3)(B) of the FD&C Act. Interested parties may present the agency with any evidence that they think has bearing on this issue. Our continuing review of information that has been submitted thus far has not caused us to change our conclusions.

When a substance is excluded from the dietary supplement definition under section 201(ff)(3)(B) of the FD&C Act, the exclusion applies unless FDA, in the agency’s discretion, has issued a regulation, after notice and comment, finding that the article would be lawful under the FD&C Act. To date, no such regulation has been issued for any substance.

11. In making the two previous determinations about THC, why did FDA conclude that THC is an active ingredient in a drug product that has been approved under section 505 of the FD&C Act? In making the two previous determinations about CBD, why did FDA determine that substantial clinical investigations have been authorized for and/or instituted, and that the existence of such investigations has been made public?

A. THC (dronabinol) is the active ingredient in the approved drug products, Marinol capsules (and generics) and Syndros oral solution. CBD is the active ingredient in the approved drug product, Epidiolex.

The existence of substantial clinical investigations regarding THC and CBD have been made public. For example, two such substantial clinical investigations include GW Pharmaceuticals’ investigations regarding Sativex.


Sleek