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The Epidiolex Effect: Will Other CBD Drugs Receive FDA and DEA Approval?

Freedom Leaf

On September 28, the DEA designated Epidiolex —a plant-based CBD pharmaceutical manufactured by the UK-based GW Pharmaceuticals—a Schedule V drug in the government’s list of controlled substances. schedules were created by the Controlled Substances Act (CSA) in 1970 and are interpreted and enforced by the DEA.

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DEA removes cannabis drug Epidiolex from controlled substances list

SMPL

GW Pharmaceuticals, a biopharmaceutical company based in London, saw its stock go up 5.9% Epidiolex is used to treat rare forms of epilepsy. The DEA’s announcement lowers physician barriers to prescribing Epidiolex because they won’t have to notify the agency when prescribing it. View the entire article here.

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And Here We Go Again! NASDAQ Article: Forget Cannabis: Psychedelic Medicine Is the Better Investing Opportunity

Cannabis Law Report

First up, cannabis has now been scientifically validated as a treatment for two severe forms of childhood epilepsy (more on this in a moment). Any approved medicines will have to be rescheduled by the Drug Enforcement Administration (DEA). The IPOs of Canopy Growth and GW Pharmaceuticals illustrate this point nicely.

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CBD: Everything You Need to Know

CannaMD

Drugs, substances, and certain chemicals used to make drugs are classified into five categories (known as schedules ) depending on the Department of Drug Enforcement Agency (DEA)’s definition of the drug’s acceptable medical use and abuse/dependency potential. CBD Scheduling Rule Change. But the government is clear. Glad you asked!

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GW Pharmaceuticals Wins the Queens Prize for Innovation

SpeedWeed

The British cannabis pharmaceutical company takes home an award that demonstrates how important cannabis has been to the British economy for over 20 years—but also how much it so far has been reserved, as an industry, and as a drug, for the elite. GW Pharmaceuticals was just awarded a so-called “ Queen’s Prize for Innovation.” .

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FDA Balks at CBD Dietary Supplement Application, Maintaining Regulatory Uncertainty

SpeedWeed

The FDA objected to the application, pointing out that just a few years ago it had already sent CBD down the path of active ingredients in pharmaceutical drugs—putting the cannabinoid at odds with the ingestible food and beverage and dietary supplement market. ” ]]> View original article.

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Industry Trembles After FDA Cracks The Whip

Cannabis Law Report

Seq (1970) and Drug Enforcement Administration’s (“DEA”) clutches, 2019 hemp production and sales exploded. This article has been prepared for informational and general guidance purposes only; it does not constitute legal or professional advice. Farm Bill’s Impact and Rise of the FDA. Budgeted at $6.1

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