FDA, Get It Done! Says Senator In Bipartisan Push To Regulate CBD Products Prior To Committee Hearing
Portfolio Pulse from Nina Zdinjak
A bipartisan group of U.S. lawmakers reintroduced a measure to secure the FDA’s regulation of hemp-derived CBD products. The move comes seven months after the FDA announced it will not regulate CBD products as food and dietary supplements. The goal of the announced subcommittee hearing is to examine the FDA’s failure to regulate hemp-derived and cannabidiol (CBD) products under existing authorities for years. The FDA approved Jazz Pharmaceuticals' Epidiolex, a CBD-based drug for treating severe forms of epilepsy.

July 21, 2023 | 2:35 pm
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The FDA's approval of Jazz Pharmaceuticals' Epidiolex, a CBD-based drug, is highlighted in the context of the broader regulatory discussion around CBD products.
The news highlights the FDA's approval of Jazz Pharmaceuticals' Epidiolex in the context of the broader regulatory discussion around CBD products. This could bring attention to Jazz Pharmaceuticals, but it's not clear that it will have a direct impact on the company's stock price in the short term.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50