Brazil postpones evaluation of CBD formulation for medical coverage
Industrial Hemp NewsInternational NewsMarijuana Laws, Regulations, & Politics December 11, 2020 MJ Shareholders 0
A version of this story originally appeared at Marijuana Business Daily International.
Over-the-counter CBD food products or supplements are currently illegal on the Brazilian market.
Tarso Araujo, chief business development officer for São Paulo-based Entourage Phytolab told Hemp Industry Daily he’d be “surprised” if a CBD product is included in public coverage without finished clinical trials proving its safety and efficacy.
“Moreover, its high price doesn’t help pass the cost-benefit consideration,” Araujo said.
Brazil’s health agency could take up the issue again as soon as February, according to Brazilian cannabis news website Sechat.
The product set to be evaluated is manufactured by Brazilian pharmaceutical firm Prati-Donaduzzi with imported raw material.
It is the only medical cannabis product that has received “sanitary authorization” from Brazil’s National Sanitary Surveillance Agency.
Alfredo Pascual can be reached at [email protected]
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