“I think one of the other motivations of the TGA is to make it easier for people to access these products where they might otherwise be using illicit channels,” she told Hack.
When it comes to possible side effects, the medical association fears doctors won’t be able to properly monitor patients when the CBD oil is sold through pharmacies.
According to Cassandra Hunt from Fresh Leaf Analytics, the TGA could also be trying to move CBD users away from the black market.
Medical Association “surprised” by down-scheduling
“There is a risk that patient conditions that are associated with CBD use (e.g. anxiety, psychosis, chronic non-cancer pain, and epilepsy) will go unchecked and cause further harm to the patient,” the AMA told Hack.
“Previously, they’ve had to go to a GP and they’ve had to talk to the GP about what they’re trying to treat, and then the GP has had to get special permission in order for them to be able to access a prescription.”
Cassandra Hunt, the managing director of cannabis industry consultancy, Fresh Leaf Analytics, told Hack the change is significant.
Low-dose CBD cannabis oil can be sold in pharmacies from next year.
Mr Sclavos, a pharmacist who has specialised in medicinal cannabis, said the decision to allow pharmacies to dispense cannabidiol without a prescription was a major move forward for a “whole cohort of patients”.
Manufacturers are working at a “lightning” rate to get products approved for sale in pharmacies, the former president of the Pharmacy Guild of Australia, Kos Sclavos, said.
Clinical research has shown it can help reduce anxiety, insomnia, post-traumatic stress disorder and pain, said Dr Ben Jansen, the director and founder of Cannabis Doctors Australia.
Start your day informed
To register a product, a company must demonstrate that the products are high quality, safe, and efficacious. This is a time-consuming process, said Freshleaf. Products may not appear on shelves until next year.
FreshLeaf Analytics, specialists in the Australian medicinal cannabis industry, said the first company to get its product on chemists’ shelves will have a significant advantage in a market estimated to exceed $200 million a year.
Dr Jansen said his practice specialising in medicinal cannabis was passionate about CBD because it was life-changing for about a quarter of patients.
“History suggests that the first movers among product companies will be the winners, with the first movers in the medicinal cannabis industry in Australia still dominating the industry today,” said Cassandra Hunt, managing Director of FreshLeaf.
Therefore, if you intend to use CBD, be sure to find a reputable source.
However, while CBD companies and consumers are celebrating the new law, there is just one small catch. The Farm Bill also preserved the rights of the Food and Drug Administration (FDA) to regulate all cannabis-based products under the Food, Drug, and Cosmetic Act. So, while many companies state that their CBD is legal in all 50 states, this is not necessarily the case.
At the time of writing, a total of 33 states have medical marijuana laws in place. If you are lucky enough to live in one of these states, you can apply for a medical card and get access to a whole range of different cannabis-based products.
Which CBD Products Are Approved by the FDA?
However, the majority of Americans can now enjoy easy access to CBD oil, either online or in retail stores. While this news is undoubtedly positive, it does highlight the need for caution when choosing products. In a largely unregulated market, some brands offer high-quality CBD, while others fail to make the grade.
In this article, we explore the confusing laws surrounding cannabis-based medicine and whether you need a prescription for CBD oil. Read on to find out more.
However, if you are in one of the remaining states, CBD oil may be your only option.
While CBD oil is widely available online, consumers in select states can purchase over-the-counter CBD at drugstores such as CVS and Walgreens. However, these stores are playing it safe initially by only stocking topical products that comply with the FDA’s stringent guidelines.