CNBC // 12.20.18

Thursday President Donald Trump signed the 2018 Farm Bill into law, an $867B piece of legislation that funds agricultural, nutrition, and other federal programs. The Food and Drug Administration's Commissioner Scott Gottlieb announced after the signing that the FDA is looking into pathways that would legalize the sale of CBD oil in food and beverages. Currently the FDA prohibits companies from adding CBD to food and beverages, as well as making therapeutic claims about the products. Further, the FDA prohibits food, beverages, and products containing CBD from being transported across state lines. Until new policies are adopted, the FDA will continue to enforce the current rules. The FDA has been making an effort to close down companies that make unproven claims, like CBD cures cancer.