US Cannabis Legalization Cultivated By House Has Thorny Forecast For Harvest In Senate
Senate Democrats Want Language For Make Lawful Use Of Hemp Ingredients In Supplements
Absence of hemp provisions in House bill could be a problem with Senate Democrats, who have drafted legislation not only on producing, marketing and possessing marijuana but also using in supplements ingredients classified as hemp. Still, Senate passage of cannabis legalization is unlikely.
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Appropriators’ comments provided with FY2023 FDA budget bill suggests agency will resolve dilemma of sales of hemp ingredients in non-drug products by making only CBD lawful.
“For companies like Joy Organics, we view it as an advantage that CBD is not currently regulated as a dietary supplement,” says COO Todd Smith. Advantage is borne from hemp ingredient supplements not becoming commoditized, keeping prices from falling. Meanwhile, industry’s maturity can be seen in compliance with FDA rules.
FDA’s tolerance of sales of hemp-containing supplements isn’t the assurance industry needs for investing in development of ingredients and products which have been shown to provide various health benefits.