GREY:BHNGF - Post by User
Comment by
geodcanon Jul 23, 2019 3:23pm
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Post# 29952116
RE:The FDA has now thrown a wrench
RE:The FDA has now thrown a wrenchIgnoring the rules accompanying that sliver of legality by the Feds in regards to CBD's and manufacturers declaring health benefits is going to be the folly of more than just Curaleaf.
I speculate that CBD products are going to be the bread and butter of cannabinoids as consumers are finding uses for them for pain relief, sleep and anxiety, not to mention their proven ability for some for seizure treatment. THC has some of the same benefits but most use it for recreation and I suspect that there are more consumers that want pain relief than want to get high all the time. Just my reckoning.
When you claim medical benefits for your line of products, as the law stands right now, you will have to go through the steps that Big Pharma has gone through to bring these products to consumers. CBD preneurs have a fragile window of opportunity as long as they stay away from health claims and Curaleaf took the blow first.
There are still about 35% of the people that don't want another vice to deal with and won't even debate the issue. Big Alcohol is having to make leeway for cannabinoids and are prepping themselves to be a part of this trend instead of a foe.
Curaleaf on top of CannTrust and Canopy recent events that have reconciled their shareprices downward and put some fear in the newcomers shareholders are a lesson that government wants to err on the side of safety and normal channels to prove benefits. And yet THC products are more readily accepted for rec. We live in interesting times. Marijuana and hemp investments need to be above scrutiny, so choose well and keep management honest. glta and dyodd