Excellent. Should've been done a long time ago, but it's finally happening at least.
Everyone invested in RMHB should remember that this company, though it will benefit from legalization of marijuana, is not dependent on it for their success because hemp derived CBD infused goods are almost 100% federally legal already.
This statement by the DEA will certainly be followed by these clarifications being specified as these laws are re-written, and that's definitely going to be helped by federal legalization of marijuana, making federal regulation of marijuana like that of alcohol and not like that of schedule 1 controlled substances like heroin.
The DEA statement makes it clear however, the only obstacle from this point forward will be dealing with states who's lawmakers are still confused. Eventually, they should all be on board as overwhelming pressure from hemp supporters forces the issue. Here is that statement again:
LOS ANGELES, June 1, 2018 /PRNewswire/ --The Drug Enforcement Administration (DEA) has issued a statement further clarifying their interpretation and enforcement of the Controlled Substances Act (CSA). In their statement, they make clear the critical difference between CBD and THC, a distinction that cannabidiol retailers have been fighting to bring to light.
The DEA agrees that the CSA targets marijuana specifically because of the psychoactive properties found in THC, its primary active ingredient. Because THC is an intoxicating agent, and CBD is not, the DEA now sees fit to clarify that "Products and materials that are made from the cannabis plant and which fall outside the CSA definition of marijuana… are not controlled under the CSA. Such products may accordingly be sold and otherwise distributed throughout the United States without restriction under the CSA."
This is incredible news and confirmation for the millions of CBD users nationwide who have now gained yet another layer of legitimacy to their usage of cannabidiol. The statement by the DEA now means that:
•CBD may be imported/exported to and from the USA without restriction, and;
•CBD may be lawfully purchased and sold throughout the country
Although in practice this was already the case, there was a perceived gray area due to widespread misunderstanding and conflation of CBD versus THC as well as the effects (or lack thereof) of each compound. Rocky Mountain High Brands uses only CBD obtained from organic non-THC containing domestic hemp.
Everyone invested in RMHB should remember that this company, though it will benefit from legalization of marijuana, is not dependent on it for their success because hemp derived CBD infused goods are almost 100% federally legal already.
This statement by the DEA will certainly be followed by these clarifications being specified as these laws are re-written, and that's definitely going to be helped by federal legalization of marijuana, making federal regulation of marijuana like that of alcohol and not like that of schedule 1 controlled substances like heroin.
The DEA statement makes it clear however, the only obstacle from this point forward will be dealing with states who's lawmakers are still confused. Eventually, they should all be on board as overwhelming pressure from hemp supporters forces the issue. Here is that statement again:
LOS ANGELES, June 1, 2018 /PRNewswire/ --The Drug Enforcement Administration (DEA) has issued a statement further clarifying their interpretation and enforcement of the Controlled Substances Act (CSA). In their statement, they make clear the critical difference between CBD and THC, a distinction that cannabidiol retailers have been fighting to bring to light.
The DEA agrees that the CSA targets marijuana specifically because of the psychoactive properties found in THC, its primary active ingredient. Because THC is an intoxicating agent, and CBD is not, the DEA now sees fit to clarify that "Products and materials that are made from the cannabis plant and which fall outside the CSA definition of marijuana… are not controlled under the CSA. Such products may accordingly be sold and otherwise distributed throughout the United States without restriction under the CSA."
This is incredible news and confirmation for the millions of CBD users nationwide who have now gained yet another layer of legitimacy to their usage of cannabidiol. The statement by the DEA now means that:
•CBD may be imported/exported to and from the USA without restriction, and;
•CBD may be lawfully purchased and sold throughout the country
Although in practice this was already the case, there was a perceived gray area due to widespread misunderstanding and conflation of CBD versus THC as well as the effects (or lack thereof) of each compound. Rocky Mountain High Brands uses only CBD obtained from organic non-THC containing domestic hemp.
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