Dec 22, 2018

FDA says legalized hemp will still be regulated like cannabis

Photo: Katherine Frey/The Washington Post via Getty Images

The Food and Drug Administration said it will continue to regulate hemp products that contain "cannabis or cannabis-derived compounds" despite President Trump legalizing the production and marketing of industrial hemp under the farm bill signed Thursday.

The big picture: The hemp-derived and non-psychoactive compound cannabidiol, or CBD oil, has previously been approved by the FDA for the treatment of two forms of epilepsy. But its increasing popularity as an ingredient in lotions, dietary supplements and other medicinal applications has thrust it into murky legal territory, with the FDA ruling that, like any illegal substance, it will remain subject to regulation.

Go deeper: Great green hope — The big picture on legal marijuana

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MLB's Rob Manfred is latest villain in Astros' cheating scandal

Illustration: Aïda Amer/Axios

MLB Commissioner Rob Manfred's decision to grant Astros players immunity in exchange for confessions about their sign-stealing scheme has undermined his reputation — and he only made himself look worse on Sunday.

The interview: In a 45-minute conversation with ESPN, Manfred asserted that public shame was punishment enough for the Astros. He also called the World Series trophy "just a piece of metal" and said that taking a title away from Houston "seems like a futile act."

Go deeperArrow26 mins ago - Sports

Economists warn coronavirus risk far worse than realized

Photo: Anthony Wallace/AFP via Getty Images

Worries are growing that the economic impact from the novel coronavirus outbreak will be worse than expected and that markets are being too complacent in factoring it in as a risk.

What's happening: The number of confirmed cases has already far outpaced expectations and even those reports are being viewed through a lens of suspicion that the Chinese government is underreporting the figures.

National newspapers thrive while local outlets struggle to survive

Illustration: Sarah Grillo/Axios

While big national newspapers grow stronger, local newspaper chains that have for decades kept the vast majority of the country informed are combusting.

Why it matters: The inequity between giants like the New York Times and the Wall Street Journal and their local counterparts represents a growing problem in America as local communities no longer have the power to set the agenda for the news that most affects them.