FDA stalled on CBD for now, analyst says

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FDA stalled on CBD for now, analyst says
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The U.S. Food and Drug Administration (FDA) is not expected to move quickly on regulating cannabinoids (CBD) from hemp, Cowen analyst Harrison Vivas said.

The U.S. Food and Drug Administration is not expected to move quickly on regulating cannabinoids from hemp, Cowen analyst Harrison Vivas said Wednesday in the wake of a special meeting.

“We are encouraged by increasing numbers of studies and greater regulatory focus relative to even five years ago, but we still do not expect to see a near-term change in the FDA’s treatment of CBD in ingestible formats without pressure from Congress,” Vivas said. The FDA cited various animal studies that show negative side effects from consistent consumption at higher levels, but signaled it could consider data from animals with more human-like metabolism of CBD.At Tuesdays FDA meeting, Industry participants laid out a growing body of evidence from third parties that show that CBD can be ingested without dangerous increases in liver enzymes, Vivas noted.

Meanwhile, the FDA continues to educate consumers about potential hazards of CBD as it conducts more research.

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