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Government Bans 500 Common Drugs You've Never Heard Of...And Also Fake Pot!

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In its ongoing effort to take the fun out of literally everything, the FDA has gone on a drug banning binge that could significantly impact the way you experiment with questionable chemicals, or at least how you try to cure your cold.

The Fun Police have ordered pharmaceutical companies to stop selling 500—yes, 500—cold and allergy medicines that weren’t technically approved by the agency. That’s because these drugs came out before the 1962 law was passed that required the FDA to assess the safety of a drug before it could hit the market. These grandfathered drugs had been presumed safe for decades, but apparently someone over at the FDA had decided that enough was enough and the fun had to end.

So, so long drugs like Cardec, Rondec, PediaHist DM, and Organidin. I’ve never heard of any of you, but I wish that I had before those overprotective killjoys over at the FDA decided you just weren’t fit for public consumption.

Investors have little cause for concern, as most of these drugs were pretty small-time. And as the Journal notes, “the latest action wouldn't affect the most commonly prescribed drugs, including allergy medicines Clarinex made by Merck & Co. and Allegra from Sanofi Aventis SA, and Tussionex cold remedy from UCB Inc., because these are all FDA-approved.”

But the FDA isn’t alone in its quest to shut down our nation’s dens of iniquity. The DEA, not content to have already banned real pot, announced that it was banning “fake” pot for at least a year. “Fake” pot products are sold in head shops and online, and while they don’t contain THC, the high-inducing chemical in marijuana, they are coated with chemicals that claim to mimic THC.

The LA Times reports that the DEA used its “emergency authority to ban five chemicals in such products: JWH-018, JWH-073, JWH-200, CP-47,497 and cannabicyclohexano.”

The action follows numerous reports of “fake” pot related illnesses. Medical News Today writes that “emergency room physicians report that individuals that use these types of products experience serious side effects which include: convulsions, anxiety attacks, dangerously elevated heart rates, increased blood pressure, vomiting, and disorientation.”

So, now that Uncle Sam has taken away your Rondec and Red X Dawn, what’s left to do on a Tuesday night?

There’s always bowling. And that’s one thing they’ll never take away from us.
POSITION:  No positions in stocks mentioned.