FDA Accuses Companies Of Marketing Cannabis Products To Children Amid Debate On Hemp Cannabinoids Ban
Portfolio Pulse from Patricio Liddle
The FDA and FTC have issued warning letters to companies marketing cannabis products to children, particularly those with hemp-derived cannabinoids like delta-8 THC. This regulatory action coincides with a congressional debate on potentially banning consumable hemp-based cannabinoid products. Concerns are also rising over unknown compounds found in hemp conversion processes.
July 17, 2024 | 11:49 pm
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Curaleaf Holdings Inc. (CURLF) may face increased regulatory scrutiny and potential market challenges due to the FDA and FTC's crackdown on deceptive marketing practices and the ongoing congressional debate on hemp cannabinoid products.
Curaleaf Holdings Inc. (CURLF) is likely to be impacted by the FDA and FTC's actions against deceptive marketing of cannabis products, as well as the potential legislative changes regarding hemp-derived cannabinoids. Increased regulatory scrutiny and potential bans could negatively affect the company's operations and market position.
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