The Food and Drug Administration (FDA) is moving forward with plans to understand and oversee the booming CBD industry. A new call for bids is seeking a contractor to collect and assess samples of products containing CBD and other cannabinoids (outside of the state-legal cannabis market.) The news was first reported by Marijuana Moment.
“The purpose of these studies will be to develop a better understanding of the quantities of CBD and associated cannabinoids and their distribution,” according to the FDA. See the full document below.
All year, the hemp and CBD industry has awaited word from the FDA on what sort of rules might govern the production and manufacturing of these products (CBD-infused beverages and food, balms, tinctures and more). Last month, the administration submitted a draft enforcement policy to the White House. It’s unclear what the document lays out for the industry.
“My best guess is they’re going to give some guidance that will take immediate effect, and then discuss the plans for the regulatory process, which would probably take a few years,” Jonathan Miller, general counsel for U.S. Hemp Roundtable, told Hemp Grower. “But we’re grasping at straws here, because even some of our most powerful friends on the Hill haven’t seen this. We’re just holding our breath.”
Published: August 18, 2020
Founder & Interim Editor of L.A. Cannabis News