CV Sciences Inc (CVSI)

[captainjonesthe3rd]

(B)Exceptions
(i)In general
The term marijuana product shall not include—

(I)any article containing marijuana which has been approved by the Food and Drug Administration for sale for therapeutic purposes and is marketed and sold solely for such purpose, or
(II)industrial hemp.
(ii)Industrial hemp
For purposes of clause (i)(II), the term industrial hemp means the plant Cannabis sativa L. and any part of such plant, whether growing or not, with a delta-9 tetrahydrocannabinol concentration of not more than 0.3 percent on a dry weight basis.