Tag: FDA Stocks Cannabis CBD

Cannabis stocks rally after FDA says it will speed up effort to create rules for CBD

Cannabis stocks were mostly higher on Monday, after the U.S. Food and Drug Administration said it is expediting its effort to create a regulatory framework for CBD with plans to publish a report on its progress by early fall. Amy Abernathy, acting chief information officer, said in a series of tweets sent on Friday that…
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Cannabis stocks mostly higher as sector braces for FDA hearing on rules for CBD

Cannabis stocks were mostly higher Tuesday, as investors braced for a Friday hearing by the U.S. Food and Drug Administration on how to regulate cannabis and its popular ingredient, CBD. The substance can be extracted from the cannabis plant or from hemp, which has caused confusion ever since hemp was legalized as part of December’s…
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