A US Food and Drug Administration-approved botanical marijuana product could be available in the future if the Drug Enforcement Administration follows through on FDA’s recent recommendation to regulate the drug more loosely. But after decades of insistence by the federal government that marijuana lacks any accepted medical use, this change in course may come too late for the pharmaceutical industry to capture the economic windfalls.
Prescription Marijuana? FDA Rescheduling Memo Sets Stage To Test Whether There’s A Viable Market
Rise in state-legalized marijuana helped pushed FDA to recommend more lenient regulation of the substance, easing pathway to prescription drug approval, but those same state markets may pose a challenge for commercialization of an Rx botanical if DEA follows through on rescheduling.
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