1851

&ldquo;The U.S. Food and Drug Administration<a href="https://www.marketwatch.com/story/cannabis-stocks-slide-as-fda-hearing-on-cannabis-and-its-ingredients-kicks-off-2019-05-31?utm_source=1851franchise.com&utm_medium=article&utm_campaign=cannabis-stocks-falter-as-fda-shares-conflicting-views-on-cbd-after-regulatory-hearing-2710152" target="_blank" rel="nofollow" style="text-decoration-line:none" target="_blank"> conducted its first-ever hearing </a>on cannabis and its nonintoxicating ingredient CBD all day Friday with more than 100 speakers offering views, including researchers, health professionals, advocates, manufacturers and opponents,&rdquo; according to an article on <a href="https://www.marketwatch.com/story/cannabis-stocks-fall-after-fda-hearing-on-cbd-finds-conflicting-views-of-substance-2019-06-03?utm_source=1851franchise.com&utm_medium=article&utm_campaign=cannabis-stocks-falter-as-fda-shares-conflicting-views-on-cbd-after-regulatory-hearing-2710152" target="_blank" rel="nofollow" style="text-decoration-line:none" target="_blank">MarketWatch</a>. The mixed results of the hearing led cannabis stocks to fall slightly on Monday, according to the article.

After hemp was legalized via the 2018 Farm Bill, a &ldquo;crop of hemp-based products&rdquo; began to be sold &ldquo;online and in stores, including at mom-and-pop stores,&rdquo; said the article. &ldquo;But CBD, which is widely held to have wellness properties, particularly in treating pain, inflammation and anxiety, was not included in the lifting of the federal ban and was instead placed under the regulatory purview of the FDA. That&rsquo;s because it&rsquo;s the key ingredient in the only cannabis-based drug to win FDA approval, GW Pharmaceuctical&rsquo;s PLC&rsquo;s <a href="https://www.marketwatch.com/investing/stock/gwph?mod=MW_story_quote&utm_source=1851franchise.com&utm_medium=article&utm_campaign=cannabis-stocks-falter-as-fda-shares-conflicting-views-on-cbd-after-regulatory-hearing-2710152" target="_blank" rel="nofollow" style="text-decoration-line:none" target="_blank">GWPH, +3.16%</a> &nbsp;Epidiolex, a treatment for severe forms of childhood epilepsy,&rdquo; the article said.

The FDA identifies CBD as a drug, meaning that it &ldquo;cannot be added to food or beverages or marketed as a dietary supplement in interstate commerce,&rdquo; according to the article. Last Friday&rsquo;s FDA hearing included discussions on &ldquo;the messy state of the industry, with widespread use of CBD products with minimal standardization,&rdquo; the article said. Despite this, &ldquo;given the strong public interest in CBD as a wellness aid, [the FDA] will seek to help provide pathways to regulatory approval,&rdquo; according to the article.

Read the full article <a href="https://www.marketwatch.com/story/cannabis-stocks-fall-after-fda-hearing-on-cbd-finds-conflicting-views-of-substance-2019-06-03?utm_source=1851franchise.com&utm_medium=article&utm_campaign=cannabis-stocks-falter-as-fda-shares-conflicting-views-on-cbd-after-regulatory-hearing-2710152" target="_blank" rel="nofollow" style="text-decoration-line:none" target="_blank">here</a>.

<div>&nbsp;</div>

Cannabis Stocks Falter as FDA Shares Conflicting Views on CBD After Regulatory Hearing

1851 Franchise

The fate of recent wellness rockstar, CBD—a cannabis derivative—remains unknown as the FDA debates regulation amidst growing public demand.


cannabis-stocks-falter-as-fda-shares-conflicting-views-on-cbd-after-regulatory-hearing

Children's Lighthouse

How Children’s Lighthouse Stands Out Among Other Children’s Education, Childcare, and Daycare Franchises

how-childrens-lighthouse-stands-out-among-other-childrens-education-childcare-and-daycare-franchises

The Growth Coach

The Growth Coach Franchise Costs, Fees, Profit and Data for 2025

the-growth-coach-franchise-costs-fees-profit-and-data-for-2025

One Hour Heating and Air Conditioning

Why One Hour Heating & Air Conditioning Sees People as the Power Behind Franchise Growth

one-hour-heating-air-conditioning-franchise-growth

Lawn Doctor

Design with photo of John Perry and Lawn Doctor logo

How a 20-Year Industry Veteran Tripled His Sales With a Lawn Doctor Franchise

lawn-doctor-franchise-success-story-john-perry

Fitness Premier

The Secret to Fitness Franchise Success? It's Not Just the Workouts

fitness-premier-franchise-marketing-support

Buying a Franchise Masterclass

 Franchise Opportunities

Get Support Buying a Franchise

How to Buy a Franchise White Paper

How to Buy a Franchise

How to Sell Franchises

How to Grow a Franchise

Find a Franchise Supplier

1851 Franchise Opportunities

Franchisor News

Franchisor Power Rankings

FranCamp Mastermind Summit

Franchise Development Website Builder

Franchise Resources

What ALEC-Laffer's Report Means for Franchising

Website Awards

Power Rankings

About 1851

Advertise on 1851

Contact 1851 Editorial

Terms of Use

1851 Login

GROWTH CLUB LOGIN

facebook

instagram

twitter

linkedin

youtube

Design with American and Federal Reserve flags against light blue background

Federal Reserve Expected To Cut Rates by Quarter Point, a Move That Could Boost Franchise Growth

fed-rate-cut-boosts-franchise-growth

Potbelly to be Acquired by RaceTrac in $566 Million Deal 

racetrac-acquires-potbelly-in-566-million-deal

Health Care Hiring Slowdown Highlights In-Home Care Franchise Opportunities - 1851 Franchise Agg

Health Care Hiring Slowdown Highlights In-Home Care Franchise Opportunities 

health-care-hiring-slowdown-in-home-care-franchise-opportunities

Caribou Coffee Names Scott Kennedy CEO, Eyes Continued Growth

caribou-coffee-names-scott-kennedy-ceo-eyes-continued-growth

McDonald’s Launches New Extra Value Meals as Consumer Demand for Value Continues to Climb

mcdonalds-launches-extra-value-meals

Technomic Releases Annual Ranking of the Top 15 Fast-Food Chains in the U.S.

technomic-releases-annual-ranking-of-the-top-15-fast-food-chains-in-the-us

Friendly’s Parent Company Acquired by Multi-Unit Franchisee as More Owners Take the Lead in Brand Acquisitions 

friendlys-parent-company-acquired-by-multi-unit-franchisee-as-more-owners-take-the-lead-in-brand-acquisitions

Hely and Hiral Patel Bring Their Longtime Dream to Life With The Brass Tap

brass-tap-franchise-pasadena-maryland-hely-hiral-patel

1851 Keyword - The Secret To Succeeding With a Part-Time Franchise Is Picking the Right Model

The Secret To Succeeding With a Part-Time Franchise Is Picking the Right Model

part-time-franchises-picking-the-right-model

Franchisee spotlight graphic with photo of Ricki Oberoi and Layne's Chicken Fingers logo

Multi-Unit Wendy’s Operator Signs 12-Unit Deal With Layne’s Chicken Fingers

ricki-oberoi-laynes-chicken-fingers-growth

DevHub - Meet the Supplier - 1851 Franchise

DevHub: Scalable Digital Marketing for Franchises and Multi-Location Brands

devhub-meet-the-supplier

1851 Franchise Deep Dive graphic with Sparkle Squad logo

Sparkle Squad Franchise Costs, Fees, Profit and Data for 2025

franchise-deep-dive-sparkle-squad-franchise-costs-fees-profit-and-data

Design with school-aged child standing on pencil with text "Education Franchises" and "<$500K"

Top Education Franchises Under $500K To Explore in 2025

top-education-franchises-under-500k

Cannabis Stocks Falter as FDA Shares Conflicting Views on CBD After Regulatory Hearing

MORE STORIES LIKE THIS