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Re: The Rainmaker post# 8719

Sunday, 12/18/2016 9:18:04 PM

Sunday, December 18, 2016 9:18:04 PM

Post# of 83456
Text of the New Rule Regarding CBD from the DEA

Here’s the text of the new rule:

“Final Action

After careful consideration of all comments, the DEA is hereby amending 21 CFR 1308.11(d) to include a new subparagraph (58) which creates a new code number in Schedule I as follows:

“(58) Marihuana Extract—7350

“Meaning an extract containing one or more cannabinoids that has been derived from any plant of the genus Cannabis, other than the separated resin (whether crude or purified) obtained from the plant.”

The creation of this new drug code in the DEA regulations for marihuana extracts allows for more appropriate accounting of such materials consistent with treaty provisions. Such marihuana Start Printed Page 90196extracts remain in Schedule I. Entities registered to handle marihuana (under drug code 7360) that also handle marihuana extracts, will need to apply to modify their registrations to add the new drug code 7350 to their existing DEA registrations and procure quotas specifically for drug code 7350 each year.”

CBD Ban Won’t Happen Without a Big Fight

This strange new DEA rule is going against the tide of the recent movement to legalize marijuana or cannabis, as was evidenced in the recent November 2016 elections where California, Maine, Massachusetts and other states voted to make it recreationally or medically legal. You can be sure that many cannabis lawyers, businesses and consumers are going to do their utmost to stop governmental overreach and prevent a CBD ban from occurring.

http://freedom-articles.toolsforfreedom.com/cbd-ban-dea-reclassification-schedule-1/

My posts are NOT a buy/sell recommendation, Do your Own DD, before you buy any stock.

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