First thing to remember about GW’s product, which is called Epidiolex, is that it has been approved by the FDA. Some may be saying: “Well, maybe CBD is just a fad. It is a placebo effect. Whatever.” The fact is, GW spent a huge amount of money getting it approved by regulatory agencies in the United States and other countries to prove that it is not a placebo.
A placebo is a really interesting phenomenon, which is a much longer topic than we can get into right now. But basically, if you give a group of people sugar pills and tell them that it will alleviate their “whatever,” 15-20 percent – sometimes even more – will get relief from their “whatever.” This really complicates testing new drugs. Is this new drug really effective or is it the placebo effect? So that is a big part of the FDA procedure.
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