420 with CNW — Limited Medical Cannabis Compromise Bill

New Post Public Reply Private Reply Replies (0) Message Board
NetworkNewsWire
648
420 with CNW — Limited Medical Cannabis Compromise Bill Sent to Tennessee Governor’s Desk

The state of Tennessee is one step closer to legalizing medical cannabis after the legislature sent a limited medical cannabis bill to the governor’s desk. The legislation would expand Tennessee’s limited medical cannabis industry and create a commission tasked with analyzing broader medical cannabis reform. Although the bill is a compromise between cannabis reform advocates and those against cannabis reform, the advocates aren’t happy that a more comprehensive medical marijuana bill failed to pass.

The limited compromise bill would expand the list of qualifying conditions from only intractable epilepsy to include cancer, ALS, Alzheimer’s disease, sickle cell disease, inflammatory bowel syndrome, HIV/AIDS and multiple sclerosis. Patients with the qualifying conditions would be allowed to possess CBD oil that contains a maximum of 0.9% THC. They will be required to have proof of their medical condition as well as a recommendation from a licensed doctor to possess cannabis.

However, since the limited compromise bill doesn’t legalize the cultivation and sale of medical cannabis in the state, qualifying medical marijuana patients will have to source it from neighboring states with legal medical cannabis markets or the black market. The bill only ensures that patients who meet the strict conditions of qualifying for medical marijuana have certain legal protections.

The nine-member commission established by the bill would be charged with studying state and federal cannabis laws and helping Tennessee lawmakers prepare legislation to legalize medical cannabis in the state. However, everything the committee learns will only be implemented in the state’s own medical marijuana space if Congress federally legalizes cannabis. According to language in the bill, it does not authorize a medical cannabis program in Tennessee. Until the federal government stops classifying cannabis as a schedule I controlled substance, the state shall not authorize the licensing of medical cannabis dispensaries.

The bill passed the Senate with a 19 to 12 vote before the House unanimously passed it in a 74 to17 vote. An amendment that would have removed the Senate addition requiring cannabis to be federally legalized before the state can launch its medical cannabis market was quashed in the House right before the bill was passed.

In the meantime, the nine-member committee will be busy studying other state and federal medical cannabis legislations specifically looking at registration, patient qualification, roles of medical professionals and pharmacists, registration of cannabis businesses and testing protocols, among other factors.

The restrictive nature of the cannabis law passed in Tennessee highlights how narrow the legal space within which marijuana sector players, such as Grapefruit USA Inc. (OTCQB: GPFT), have to live within in jurisdictions where cannabis is legal in some form, especially with the added complication of federal law that prohibits marijuana.

NOTE TO INVESTORS: The latest news and updates relating to Grapefruit USA Inc. (OTCQB: GPFT) are available in the company’s newsroom at http://cnw.fm/GPFT

Please see full terms of use and disclaimers on the CannabisNewsWire website applicable to all content provided by CNW420, wherever published or re-published: http://CNW.fm/Disclaimer



GRAPEFRUIT USA INC. (GPFT) Stock Research Links

GPFT Board Company Profile Buy Rating Time & Sales News Filings Financials
Scroll down for more posts ▼

Top 10 Most Recent News Articles

Top 5 Most Recently Viewed Articles

Experience Urban Living: Discover Rosie in Downtown

Updated Category News Views 209

Welcome to Rosie: A New Urban Experience Rosie has officially opened its doors in downtown, welcoming residents to a new way of city living. With modern furnished apartments and stunning rooftop views, Rosie is designed to be the ultimate urban hot spot for those seeking convenience and quality. Stylish and Efficient Living Spaces This impressive 19-story building offers...

Continue Reading
Bitdefender's Triumph in Cybersecurity Performance Tests

Updated Category News Views 123

Bitdefender's Success in Cybersecurity Testing Bitdefender, a renowned name in the cybersecurity industry, has marked its territory by achieving exceptional results in the recent AV-Comparatives Business Security Test. The company was awarded the prestigious Approved Business Product Award, coming out on top among 17 cybersecurity vendors. Bitdefender's performance was...

Continue Reading
Philz Coffee Revolutionizes Ordering with App Clips Feature

Updated Category News Views 372

Philz Coffee Enhances Ordering Experience with App Clips Philz Coffee, a beloved brand known for its unique blends and commitment to quality, is taking a significant step forward by integrating App Clips into its ordering system. This move aims to streamline the process for customers who want their favorite drinks and food quickly and conveniently, without the need for a...

Continue Reading
SciSparc Ends AutoMax Merger Plans Amid New Focus

Updated Category News Views 162

SciSparc Cancels Merger with AutoMax Motors SciSparc Ltd. (NASDAQ: SPRC) has announced the mutual termination of its planned merger with AutoMax Motors Ltd, effectively putting an end to a deal that intended to expand SciSparc's operations into the automotive sector. This decision reflects the company's strategic shift as they recalibrate priorities following financial...

Continue Reading
Grogo App Clinches NAPPA Award as Summer Heats Up

Updated Category News Views 7

Grogo Reigns Supreme: Securing Another NAPPA Title It looks like Grogo's at it again, scooping up a second consecutive National Parenting Products Award (NAPPA). Yeah, this ain't just beginner's luck. Named the top app for kids, Grogo rides the summer wave right when parents are bracing for battles with screens. Makes you wonder if it's purely about the learning or if...

Continue Reading