CBD Industry Awaits Action From New Dem-Led Congress

Law360 (February 1, 2021, 9:23 PM EST) — The new Democrat-controlled Congress could make a major impact on the future of the CBD industry with upcoming legislation that could force the U.S. Food and Drug Administration to accept some of the products, a stance the agency is unlikely to take on its own.

With hemp-derived CBD products already on shelves at Walgreens and Sephora, the hemp industry has been hopeful the FDA would issue regulations that would allow the existing industry to continue as is. But the industry has grown and attracted more supporters while it waited for word from the FDA, and insiders say it’s increasingly likely Congress…

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