Company News, Regulations

Trump Aims To Regulate CBD

Requests $5 million to allow FDA to continue enforcing the law while providing potential regulatory pathways.

President Trump has requested $5 million dollars to regulate the CBD industry in its new FY2021 budget. Specifically, the request would “allow the Food and Drug Administration (FDA) to continue enforcing the law to protect patients and the public while also providing potential regulatory pathways…for products containing cannabis and cannabis-derived compounds.”   “This is a step in the right direction and is an indication that the Agency has the resources to regulate the industry. However, thi...

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