scott gottlieb. you for your time tonight. >> thank iyou. occurs to me you can't regulate the product until you understand the rpose. are vaping products are smob smoking countriesation system, or is it just another way to smoke? >> well, probably both. i mean they could be a product at helps currently addicted adult smokers transition off combustible tobacco. there are products some kidsnd ults tition to nick teen. some of the adults might have gone to o smoking instead choosing to vape instead. but we know kids are initiated on nick teen through e-cigarettes that wouldn't smoke. we stigma a tise smoking in a lot of the kids addicted to nick teen wouldn't have turn to cigarettes but for the fact they have they have now a nick teen addiction. >> what role does thc play in this? there is the fhalingis? sort of counterfeit vaping material causing let lung diseasen and some of the deaths may involve thc. does that getd exhibitin since marijuana is not legal federally? >> i think we need to o be careful

scott gottlieb, thank you for your time.reciate it very much. >> thanks a lot. >> and we'll be hearing from the president shortly with more on this, continue to follow this developing story all hour. also coming up, we have some interesting trends happening in llg arkets right now that are teinus lot about sentiment. we'll have that and more after this was losing my independence. mmm... good. so i've spent my life developing technology to help the visually impaired. we are so good. we built a guide that uses ibm watson... to help the blind. it is already working in cities like tokyo. my dream is to help millions more people like me. liberty mutual customizes your car insurance, iso you only pay forg in cwhat you need.yo. i wish i could shake your hand. granted. only pay for what you need. ♪ liberty. liberty. liberty. liberty. ♪ doprevagen is the number oneild mempharmacist-recommendeding? memory support brand. you can find it in the vitamin aisle in stores everywhere. prevagen. healthier brain. better life. >>> welcome back

generic pharmaceutical we did it unanimously in the energy and commerce committee and under doctor scott gottlieb in the new law the approved 971 generic drugs more than more than any year in prior history and competition makes a huge difference for consumers. as you heard the past creates unanimously on the committee that says the pharmaceutical companies cannot gain given out their samples to the generic you can get generic we pass it unanimously. we do not do is pay to delay to prevent generics are coming to market that came out of committee unanimously redone a lot of the work and great brain trust on both sides of the aisle and i implore my colleagues there today to give us a copy of the film for god sakes. they've announced the hearing they did it last night to cut another day off to our ability to review it and i'm not even filed the bill yet and he will do it later today and will get one witness a subcommittee to review a complete rewrite of america's prescription drug laws. that's no way to legislate. it doesn't have to be this way. they are blowing the opportunity to get a partisan bill

. >> it goes back a couple of years when the fda, the commissioner was scott gottlieb and he wanted tolement this strategy that would not only look at e-cigarettes but would look at cigarettes and try to get people off of tobacco altogether. he was looking at this idea where you would reduce the amount of nicotine in cigarettes and at the same time he wanted to give room for e-cigarettes to grow as an alternative while you are getting adults off of smoking you are giving them something to use instead but it has not worked out that way. nothing yet that has happened officially on the nicotine front and cigarettes. the vaping industry has taken off and you have more kids hooked than ever before. >> what happens next, who has the next move? industries have a big stake in this. the president is weighing in with tweets and public comments, seeming to make it personal in a lot of ways. then you have multiple regulators and departments of the government trying to figure out how to deal with this, who has the next move? next move ise looking like it will come from the fda again. this will be d

. >> it goes back a couple of years when the fda was a scott -- the commissioner then was scott gottliebted to implement this strategy that would not only look at e-cigarettes but also cigarettes and try to get people off tobacco altogether. he was looking at this idea where you would reduce the amount of nicotine in cigarettes, and at the same time, give room for e-cigarettes to grow as an alternative while you are getting adults off of smoking. you are giving them something to use instead. but it hasn't worked out that way. what we have seen is that nothing yet has happened officially on the nicotine front. at the same time, the vaping industry has taken off and you have more kids hooked than ever before. jason: what happens next? who has the next move. stake inhas quite a this. the president is weighing in, seemingly making it personal. and as carol alluded to let you have multiple regulators in departments of the government trying to figure out how to deal with this. >> i think the next move is looking like it will come from the fda again. but it will be directed by the president and

scott gottlieb. >> no evidence to support any of the medicinal claims being made that would rise to the satisfaction of the food and drug administration. >> because cannabis is a scheduled one drug in the u.s. alongside heroin and lsd, it's nearly impossible to run clinical trials. in fact, only one fda approved cannabis-based drug, which treats a rare and specific type of seizure disorder. beyond that, nothing which raises the question, is cannabis the miracle drug that consumers and investors are banking on or simply the product of misleading marketing by the industry itself? we've got much more on the cannabis industry, including the best ways to invest tonight at 6:00 p.m. eastern on cnbc. do not miss "high risk, hireward cannabis inc.. >>> the medical benefits has been one of the driving forces for the path to legalization, but not everyone thinks pot is a miracle drug joining us now for a blunt debate, is melissa moore, new york deputy state director at the drug policy alliance and chief of staff and senior policy adviser at smart approaches to marijuana. great to have you both wi

and scott gottlieb said, okay.top smoking, we're not sure they do. even if they do, if it also leads to a new generation of smokers that is not something we're going to tolerate. these flavorings do target children. and there was other examples that we've been reporting on in this program where they target young people. clearly through social media, through these flavorings. they can say, hey, it's not just for kids. it doesn't fit with the rest of the pattern that they've used to basically target children. and so if it helps people stop smoking, fine. but people who stop vaping and then that transition, that is real. that is happening. that's the problem. >> two separate issues right now catching everyone's attention. right now, vaping-related illnesses. there has been an increasing number of those. that's one thing. but we're also seeing just these new numbers in the explosive growth -- and i mean explosive growth among teenagers vaping. >> i mean, i think when we first started reporting on it, we were reporting

scott gottlieb >> no evidence to support the claims made in the state dispensaries that would rise toatisfaction of the food and drug administration. >> because cannabis is a schedule 1 drug alongside heroin and lsd it's hard to run clinical trials. in fact, there's only one fda-approved cannabis-based drug epadilex which treats a rare type of seizure disorder beyond that, nothing which raises the question, is cannabis the miracle drug that consumers and investors are banking on or simply the product of misleading marketing by the industry itself? that is just one of the fascinating debates between cannabis bulls and bears you'll hear during our new cnbc original documentary "high risk, high reward: cannabis inc. >> congratulations i know you've been working on this for quite some time excited to tune in to it tonight. the fact that there hasn't been more research and in particular at the federal level is it because of the classification of cannabis as that type of drug or what came first here i'm surprised to hear that >> it's because of the classification it's nearly impossible to s

commissioner scott gottlieb. i brought him some kids from high school in westchester who said that e-cigarettes was hurting their school, that so many kids were involved. i think it made a good impression, a strong impression on former commissioner gottlieb. we take wide-ranging steps to prevent tobacco companies from targeting underage children in their marketing but so far have done little to prevent e-cigarettes from executing the same strategy. it is past time to take these kid-friendly products off the shelf, and i commend the f.d.a.'s announcement that it plans to take action. i yield the floor. mr. portman: mr. president? the presiding officer: the senator from ohio. mr. portman: mr. president, i appreciate what the democratic leader just said about the flavored e-cigarettes, and i, too, commended the trump administration yesterday for taking this action. it's a big deal in our high schools in ohio and other venues as well, and this will help keep a lot of young people from engaging in this, which is bad f

scott gottlieb -- >> he should have done much more your document ran again. i caught some of it.a constant reminder that it wrecks families. it is very successful. i don't want to stant d in the y of juul, it has been a whole new form of a public health disgrace the fda, we have the fda, s.e.c., everyone looks the other way. >> the only way it is smoking mitigation mechanism -- >> you want to -- >> i think juul people are really nice people and when you sit down with them, they're willing to sacrifice all the problems and make it a prescription they seem like they're not merchants of death, they're merchants of life. prescription, i'm being facetious. i don't like this haircut. >> we had walmart continue on friday if a convenience store like waw suit, it is serious. >> how do they live with themselves at walgreens after what larry measuurlo did >> i haven't asked. >> they don't come on tv they don't want to answer the question, why they continue to do tobacco people can say why do i harp on tobacco? it is most preventable form of death and the answer is because it is the most pre

fda has tried the last couple of years under scott gottlieb's leadership to put a more aggressive regulatoryely, that didn't really get going until 2017, and it takes a few years -- i know people think that's a long time, to get regulatory structures in place that can monitor use, that can tell companies exactly what they need to do for products to be determined to be safe enough and appropriate for use. and fda is in the process of setting that up now. there's a deadline of next spring for getting these regulations in place i wish it could happen faster and i know people at fda are working as quickly as they can to get there >> dr. mcclellan, you mentioned that there is obviously hope and some reality in the fact that existing smokers are using these products in general to try get off of nicotine. what about the thought of essentially making it prescription or restricting the use in a greater way, as perhaps initially was done with things like the nicotine patch? >> sure, remember, it's not the nicotine that's the biggest health risk with smoking, it's all the stuff that's in the cigarette

. >> and also given the, you mentioned scott gottlieb's position and given the just opposition to cannabis i'm not so sure this is an easy lift for congress at all. >> mark, final word? >> yeah, i think you know what gives me a lot of hope on that legalization point is just that, you know, we are really getting into the details of social justice and american farmers and i think that has passed the basic principle of, hey, should cannabis be something that states have the right to legalize so i think it's a great things, at canopy, we are excited to be in the united states working with american farmers, working on production. >> mark, great to see you, next time are you in new york, stop by the set i'd love to see you. >> thank you zplp are you kidding, is that it >> you think there is a delivery >> i don't know. >> no comment. >> i'm waiting for the seek delichs. >> that's next >> where are we -- >> that explains a lot. >> i watched that town hall meeting last night, i thought i dropped some acid. i did. i'm not kidding. >> it was long >>> when we come back, what the bond market is signali

wife and i are parents of a high schooler and middle schooler so this is personally alarming >> scott gottlieb year on these issues it sounds like juul is pulling back from some is of these marketing strategies it is kind of already out there. what next? there are questions being raised, why is this the only vice being targeted. it sounds like many of the problems from the latest research is caused by unregulated vaping issues. nout just the ones being sold in the stores but it is hard to distinguish between them >> you are right i think juul and others let the marketing genie out of the bottle regardless whether they stopped last fall to target youth with social media and influencers. juul has 80% of the market they've dominated this market and continue to do so. the rise in youth vaping has been linked to the rise in their business third and final point, addressing what you said, is i think the entire market needs to be cracked down upon not just juul but also the black market vapors. one sign is that they asked everyone to stop vaping especially if they are not vaping now they didn't limit