Phivida Holdings Inc. PHVAF

RE:RE:RE:RE:Sad part of the farm bill.. just read the details.

[Northernlineman]

Ahhh I see what you’re saying , good catch.

chrome2017 wrote: That would mean that VIDA remains compliant.

Northernlineman wrote:

I hate this as much as the next guy but it appears dolla bill is right..

However, the U.S. Food and Drug Administration (FDA) still has authority over any hemp ingredient used in food, dietary supplements, and cosmetics. So, while the soon-to-be-passed Farm Bill does loosen regulation substantially for hemp cultivation, it does not technically legalize the use of CBD in food, dietary supplements, and cosmetics—a common misconception. FDA continues to hold the opinion that CBD cannot be used as a dietary ingredient in food or dietary supplements because CBD was investigated as a new drug by GW Pharmaceuticals, whose CBD drug Epidiolex is now approved by the agency as a pharmaceutical. That means that food and supplement products that market themselves as CBD products still remain at risk of enforcement action from FDA. Many of these brands have already been avoiding using the term CBD on their labels, opting instead for terminology like “full-spectrum hemp extract” for this reason.

 

quote=chrome2017]I don't think that is true.

DollaDollaBillY wrote:
once the amended farm bill is signed... though CBD is legalized federally, it is still regulated by the FDA and cannot be used in food or beverage products federally and so it cannot be distributed across state lines... This is a gutt punch to the industry as it may take a few more years to overcome this. Read for yourself.

 

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