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CBD is getting buzz, but does it work? And is it legal?

With CBD showing up everywhere, U.S. regulators announced Tuesday they are exploring ways the marijuana extract could be used legally in foods, dietary supplements and cosmetics.

The U.S. Food and Drug Administration said it will hold a public hearing May 31 to gather more information on the science, manufacturing and sale of cannabis compounds such as CBD.

In the meantime, it issued more warning letters to companies for making unapproved health claims about CBD products.

Products containing CBD are already in stores and sold online, so it's easy to believe there must be something special about the ingredient.