The Marijuana Industry Goes from Bad to Worse – FDA Will Not Approve CBD Regulations and Will Work With Congress Someday On It

As if the marijuana industry isn’t reeling enough with $75 ounces in multiple states, NASDAQ listed Akerna going under, and MSO Curaleaf pulling out of competitive markets like California and Colorado, more bad news hits the industry, this time, on the government side. It is devastating news for those who love CBD products. The Food and Drug Administration has declared that these items, made from cannabis or hemp, may not comply with federal safety regulations. These safety regulations will affect a wide range of products, from soap to seltzer, and require more stringent oversight.