CBD is a lot different than THC and other cannabinoids, it doesn't impair individuals in the same way that you might expect THC to. That is because CBD doesn't contain THC and isn't going to provide the same high.
Already over the last 10 years we have watched CBD make its way into dozens of different markets, being found in lotions, food, shampoos, and much more. Soon we might also see CBD in the dietary supplement market if a new bill gets passed that would make those changes.
The FDA has previously taken the stance that CBD foods or dietary supplements are unlawful, despite edible markets propping up across the country, along with demand for other CBD products.
Along the way to building that industry though, authorities have raided one shop or another and cracked down on those CBD food markets and other CBD products.
It looks like the bill might receive bipartisan support and there is hope that it might see passage so that these changes could be made.
“While everyone is familiar these days with CBD, most members of Congress and their staffs are not familiar with all the nuances, what the FDA has done, what the FDA hasn’t done,.... It’s been a real educational process, which makes the fact that we have 30 co-sponsors such a big deal. To take initiative is so complex and so nuanced.” - J Miller, general counsel for U.S. Hemp Roundtable
Right now the bill is pending, while lawmakers focus on other issues like stimulus issues and more, and it is expected that starting at the beginning of next year they will resume discussions on this matter once again.
Today the dietary supplement market in the U.S. alone is worth some $40 bill and expected to reach $56.7 billion or more within the next few years.
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