Trump touts CBD as a way to 'revolutionize' senior health care
CNBC Television·2025-10-02 14:45
Regulatory Landscape - The 2018 Farm Bill legalized hemp-derived CBD [3] - Potential reclassification of cannabis to schedule three could reduce criminal penalties and lower costs for companies [3] Market Implications - Reclassification could lead to more affordable CBD products for consumers [3] - Increased research into medical uses of cannabis may occur [3] Potential Benefits - Hemp-derived CBD may improve the quality of life for older adults [2] - CBD could be an alternative to expensive prescription drugs [2]