Then on Tuesday, Gottlieb surprised executives with his announcement that he’s stepping down in about a month, possibly before the hearing and certainly before any policy could be written and implemented.
When asked whether Gottlieb’s resignation was good or bad for the CBD industry, one cannabis investor said that’s the “billion-dollar question.” He said it could go either way, while asking not to be named because he’s not allowed to speak publicly.
Gottlieb’s successor hasn’t been named. Whoever it is may have strong feelings on the issue or may decide to ignore it. The farm bill that legalized hemp-derived CBD also preserves the FDA’s authority to regulate products containing CBD.
“In times of transition, issues like this that are not of highest priority could get delayed,” said Jonathan Havens, co-chair of the cannabis law practice at Saul Ewing Arnstein & Lehr. For the industry, he said, the worst scenario is the FDA decides not to care about the issue.
Either way, the next commissioner will determine what happens with the industry.
In the meantime, it remains unlawful to add CBD to any food or drink.
from Update News Zone https://ift.tt/2SZOx3a
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