Replies to post #34862 on CV Sciences Inc (CVSI)

[SpaceLady]

Isn't CBD derived from IMPORTED hemp federally legal?

Yes it is, under the below circumstances, however, the DEA considers it a schedule 1 drug, that's the Federal illegality, and all the confusion within the banking industry, and they will err on the side of caution.

https://hempindustrydaily.com/cbd-import-confusion-sparks-california-lawsuit-against-us-customs/

Hemp and CBD are legal to import and export as long as the products meet federal standards – meaning they must contain less than 0.3% THC. In the case of exports, the hemp and CBD must also have been produced legally under the terms of the 2014 Farm Bill.

https://ipaytotal.com/2018/08/18/cbd-business-banking-why-cbd-businesses-cant-use-banks-normally/

Jessica Assaf, leader of the the pro-cannabis community Cannabis Feminist, agrees confusion is at the source of the problem. “It’s the federal laws. In the state of California, we have recreational cannabis, and it’s not a problem. It’s legal in over half the country, but yet it’s still classified as a Schedule I drug with no perceived medicinal benefits,” she says. “So, the CBD is still up for debate. It’s not concretely classified within the federal government.”

[Chirodoctor]

It is a good question and I think the answer is yes. CVS I on the website says they’re selling a legal product