A lawyer who helps with regulatory approvals says getting reclassified as a legal, but controlled, substance could kill the marijuana industry. This post from Inc.com considers the ‘nightmare’ scenario of marijuana’s becoming a schedule II drug. The end of marijuana prohibition is coming. But how the federal policies will change could have a dramatic effect on the nation's ... Continue Reading
FDA
Big Pharma Swooping in to Monopolize the CBD Market
While regulators debate the legal status of cannabis-derived compound, CBD, Big Pharma attempts to corner the market. This post from TruthOut highlights how Big Pharma seeks to capitalize on the pain-reducing compounds derived from cannabis. The medicinal properties of cannabidiol (better known as CBD), a compound found in the Cannabis sativa L. plant species, are quickly ... Continue Reading
DEA to Review Marijuana as Schedule I Drug
Amid a changing public perception of marijuana, DEA has agreed to review marijuana’s schedule I drug status. This post from Business Insider India discusses how the DEA is getting dragged ‘kicking and screaming’ into the new world of marijuana! In April, the US Drug Enforcement Administration (DEA) said it would review marijuana's classification as a Schedule I drug, ... Continue Reading
Will Drug Enforcement Administration Reschedule Pot by Mid-Year?
The Drug Enforcement Administration agency gave no clue whether it will remove pot from its Schedule 1 category of dangerous drugs. This article from The Huffington Post discusses the likelihood of marijuana being reclassified in the first half of 2016. The Drug Enforcement Administration plans to decide whether marijuana should reclassified under federal law in “the first ... Continue Reading
Is Hemp CBD a Legitimate Ingredient of Dietary Supplements?
Is it time for the hemp CBD dietary supplements industry to panic? Not at All, Say Insiders. This post from Nutritional Outlook highlights the questions raised by FDA’s CBD warning letters to some players of the dietary supplements industry. When FDA sends a group of warning letters calling out a particular dietary supplement ingredient, people tend to sit up and take ... Continue Reading