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Politico Quotes Stewart on Rapid Legalization of Hemp Extract CBD

June 4, 2019

Ian Stewart (Partner-Los Angeles) responded to the premise in a May 31, 2019, article in Politico, “States Seeking Clarity in Booming Hemp Oil Market,” that federal regulators’ response to the rapid legalization of the hemp extract CBD has created a patchwork of state responses – “ranging from broadly permissive to raids on retailers and seizures of trailers loaded with lucrative leaf.” While FDA panelists at a meeting learned that companies wanting to use CBD as medicine believe federal red tape is holding up progress, Ian says: “The FDA meeting won't resolve any big issues but might help crystallize the complex issues involved. … Even if the meeting is a disaster and nothing comes out of it, that’s not going to stop the industry.” 

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