Replies to post #16482 on Charlotte's Web Holdings Inc (CWBHF)

[DarthYoda]

The vote passed with a majority of 27 votes for and 25 against with 1 abstention. This means that cannabis will now be removed from Schedule IV.

This means that cannabis and its derivatives are now maintained in schedule I rather than being in schedule I and IV. This is a major win for cannabis advocates around the world with considerable symbolic and some practical implications for cannabis regulation. Removal of cannabis from schedule IV means that the UN accepts the opinion of the WHO that cannabis is not “liable to produce ill-effects” on the scale of other drugs in Schedule IV, and that cannabis has significant potential therapeutic value.

https://prohibitionpartners.com/2020/12/02/the-un-votes-to-recognise-the-potential-medical-value-of-cannabis/