hr 5587 cbd

Hr 5587 cbd

Democrats and Republicans are uniting to promote hemp-derived CBD in new House legislation that would pave the way for the substance to be marketed as a dietary supplement instead of a drug.

The new legislation, introduced Monday, calls for amending the Federal Food, Drug, and Cosmetic Act to change the way the Food and Drug Administration regulates the product.

Under Peterson’s new legislation, the Agriculture Department would be required to study “regulatory and market barriers” for hemp farmers, according to a press release by the chairman.

Last month, the pressure on the FDA to move forward with developing regulations for the CBD industry received a huge push when a new bill was introduced into the US House of Representatives by Collin Peterson (D-MN). This piece of legislation serves to circumvent the FDA’s inaction and take the matter directly to congress. The bill is titled H.R.5587 – To amend the Federal Food, Drug, and Cosmetic Act with respect to the regulation of hemp-derived cannabidiol and hemp-derived cannabidiol containing substances. With bipartisan support, this new piece of legislation has the potential to have a huge impact on the hemp-based CBD industry, with important ripple effects into the world of veterinary medicine as well.

If passed, the main result would be that hemp-derived CBD and CBD-substances could be legally marketed as dietary supplements and permissible in food. It would also require the USDA to study and report on the regulatory and market barriers for farmers engaged in hemp production. Among other things, there could be viable options provided for hemp farmers who find themselves in the unfortunate (and potentially devastating) situation of having to destroy their crop if it tests above the allowable limits for THC content.

To view the bill and track its progress, click here: