Pot stocks fall in after-hours trading after the FDA issues a new CBD warning.
The U.S. Food and Drug Administration updated its stance on CBD late Monday, saying that the cannabis derivative may have the potential to harm users.
Over the summer, the FDA warned that it was looking into CBD and was concerned about its spread as the agency had only approved one drug utilizing the compound — Epidiolex from GW Pharmaceuticals PLC GWPH, -3.69%. The regulator updated its summer warning to consumers on Monday evening with stronger language, including a warning to Americans that “CBD has the potential to harm you, and harm can happen even before you become aware of it.
The compound “can cause” liver injury, affect other drugs, and when combined with alcohol or other depressants can increase the risk of sedation or drowsiness, the revised consumer update reads. The FDA also detailed other potential side effects such as drowsiness, gastrointestinal distress and changes in mood.
There are number of questions regarding CBD’s safety and there are real risks that need to be considered. There is significant interest in CBD and we must work together to fill in the knowledge gaps about the science, safety and quality of many of these products.
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