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CBD Oil Market Morning: CBD Warning, Chemocentryx Win, Huge Tory Majority, Amazon Injuries


CBD Oil

CBD Oil Market Morning: CBD Warning, Chemocentryx Win, Huge Tory Majority, Amazon Injuries

FDA Says CBD Can Hurt Your LiverPotentially speaking. Potentially, anything can hurt your liver, but that isn’t stopping the Food and Drug Administration from singling out cannabidiol (CBD), the nonpsychoactive cannabinoid generally recognized as safe by most people, but not officially so by the FDA. The compound is now sold in pharmacies including CVS (NYSE:CVS)…

CBD Oil Market Morning: CBD Warning, Chemocentryx Win, Huge Tory Majority, Amazon Injuries

CBD Oil

singling out cannabidiol (CBD), the nonpsychoactive cannabinoid generally recognized as safe by most people, but not officially so by the FDA. The compound is now sold in pharmacies including CVS (NYSE:CVS) and Walgreens (NYSE:WBA) even in states where medical marijuana is technically illegal, though authorities aren’t stopping its sale. The FDA is fretting over CBD even though the agency already approved pure CBD oil as a safe treatment for certain types of epilepsy in GW Pharmaceuticals’ (NASDAQ:GWPH) Epidiolex. “CBD has the potential to harm you,” says the agency, “and harm can happen even before you become aware of it.” However, it came short of saying that it will definitely harm you because there is a lack of scientific information available. The scariest part is that, according to the FDA, when combined with alcohol or other depressants, it can increase the risk of drowsiness. (The news has severely upset the United Union Against Being Drowsy.)” data-reactid=”12″ type=”text”>Potentially speaking. Potentially, anything can hurt your liver, but that isn’t stopping the Food and Drug Administration from singling out cannabidiol (CBD), the nonpsychoactive cannabinoid generally recognized as safe by most people, but not officially so by the FDA. The compound is now sold in pharmacies including CVS (NYSE:CVS) and Walgreens (NYSE:WBA) even in states where medical marijuana is technically illegal, though authorities aren’t stopping its sale. The FDA is fretting over CBD even though the agency already approved pure CBD oil as a safe treatment for certain types of epilepsy in GW Pharmaceuticals’ (NASDAQ:GWPH) Epidiolex. “CBD has the potential to harm you,” says the agency, “and harm can happen even before you become aware of it.” However, it came short of saying that it will definitely harm you because there is a lack of scientific information available. The scariest part is that, according to the FDA, when combined with alcohol or other depressants, it can increase the risk of drowsiness. (The news has severely upset the United Union Against Being Drowsy.)

Khiron Becomes First Colombian Firm to Commercialize Cannabis” data-reactid=”13″ type=”text”>SEE: Khiron Becomes First Colombian Firm to Commercialize Cannabis

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NASDAQ:CCXI) was up over 300% after hours Monday after positive results were reported from the Phase III ADVOCATE trial of avacopan for the treatment of vasculitis. The endpoint of disease remission after 26 was reached and sustained at 52 weeks. 72.3% of patients on avacopan achieved remission after 26 weeks and 65.7% had sustained remission by 52 weeks. The drug achieved statistical noninferiority and superiority versus standard of care glucocordicoid treatment.  Secondary endpoints were also met, including kidney function in patients with renal disease, an improvement in kidney function, and improvement in quality of life metrics. There were also fewer serious adverse events reported in the avacopan group than in the control.” data-reactid=”15″ type=”text”>ChmoCentryx (NASDAQ:CCXI) was up over 300% after hours Monday after positive results were reported from the Phase III ADVOCATE trial of avacopan for the treatment of vasculitis. The endpoint of disease remission after 26 was reached and sustained at 52 weeks. 72.3% of patients on avacopan achieved remission after 26 weeks and 65.7% had sustained remission by 52 weeks. The drug achieved statistical noninferiority and superiority versus standard of care glucocordicoid treatment.  Secondary endpoints were also met, including kidney function in patients with renal disease, an improvement in kidney function, and improvement in quality of life metrics. There were also fewer serious adverse events reported in the avacopan group than in the control.

latest polls out of the United Kingdom show the Conservative Tories under Boris Johnson winning a landslide 80-seat majority in the House of Commons come December 12. Reportedly, 20% of Labour Leave votors are considering abandoning the party over leader Jeremy Corbyn’s noncommittal Brexit stance. Johnson has ridiculed Corbyn’s spending plans as fleecing the country with added borrowing and heavy taxes in the most left-wing manifesto since the party crashed in 1983. The manifesto includes free housing and free internet, and outlawing private education among other centralized plans that will be paid for by higher taxes. Corbyn is also under attack for condoning anti Semitism, with the UK’s Chief Rabbi Ephraim Mirvis accusing the Labour party of systemic anti Semitism and saying that Jews in the country have reason to worry about a Corbyn administration. In any case, with an 80-seat majority, Johnson should be able to easily get his Brexit deal passed, he says by Christmas.” data-reactid=”17″ type=”text”>The latest polls out of the United Kingdom show the Conservative Tories under Boris Johnson winning a landslide 80-seat majority in the House of Commons come December 12. Reportedly, 20% of Labour Leave votors are considering abandoning the party over leader Jeremy Corbyn’s noncommittal Brexit stance. Johnson has ridiculed Corbyn’s spending plans as fleecing the country with added borrowing and heavy taxes in the most left-wing manifesto since the party crashed in 1983. The manifesto includes free housing and free internet, and outlawing private education among other centralized plans that will be paid for by higher taxes. Corbyn is also under attack for condoning anti Semitism

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