Cannabis stocks sink after FDA warns CBD companies

Cannabis stocks sink after FDA warns CBD companies

Cannabis stocks slipped Tuesday after the US Food and Drug Administration issued a new list of health warnings to consumers on Monday. The FDA warned that the cannabis ingredient can cause liver damage, ’changes in mood,’ and ’gastrointestinal distress,’ among other ailments. ’The FDA is concerned that people may mistakenly believe that trying CBD ’can’t hurt’, the alert said.

Simone
Simone
Miles O'Brien
Miles O'Brien 4 months

It's no surprise that the FDA is coming out against CBD. The FDA is the handmaiden of big pharma. CBD will seriously impact the analgesic and sleep aid markets.

Miles O'Brien
Miles O'Brien 4 months

As a further note, here's where Scott Gottlieb works now: Upon leaving the FDA, Gottlieb returned to the American Enterprise Institute.[79][80] In May 2019 he returned to New Enterprise Associates as a partner in the firm's healthcare practice, and serves on the board of two NEA portfolio companies, Aetion and Tempus.[81] [82] [83] He was elected as an independent member of the Board of Directors of Pfizer, Inc on June 27, 2019.His Tweet is disingenuous and self serving.

Miles O'Brien
Miles O'Brien 4 months

It's not surprising that the FDA is coming out against CBD. The FDA is the handmaiden of Big Pharma. Who's losing market share to CBD? Analgesic and sleep aid products to name only two. Follow the money and look who's on the FDA administration. All ex pharma execs and Dr.s who support prescription drugs. CBD is cheaper and more effective than commercial gov't approved pharma therapies. Follow the money.

Based Haole
Based Haole 4 months

are they saying cannabidiol is dangerous? cause that's the dumbest shit I've ever heard..

Thomas
Thomas 4 months

Change in mood is why I smoke his sister

Miles O'Brien
Miles O'Brien 4 months

🇵🇰

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