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People often ask “I suffer from x condition – please give me advice on what CBD:THC profile to take, and how much and how often.” Related to this are other questions, such as “What strain should I take, and what range of cannabinoids and terpenes are best for my condition/s?” In some ways, this is a good, because patients are becoming increasingly aware of the concept of chemovariance.
NOTE: A few minor updates were made as of May 18, 2018. Those updates appear in the text below, defined by text that is bold and underlined. These emergency regulations will remain valid until July 1, 2018 at which point they will have been reassessed. You can read the full official legal language here but we break it down and make it easy to understand below.
Not all cannabis-related companies are created equal. In fact, in the eyes of state and federal regulators, they differ significantly, depending on whether they “touch” the cannabis plant—and they’re treated accordingly. The most common types of companies that do touch the plant are the “operators” that are cultivating, processing, or dispensing cannabis or cannabis products.
In the eight states that allow recreational marijuana use, and over two dozen states that authorize medical marijuana use, state and federal law are conflicting. And even further, Congress, since 2014 has prevented the Department of Justice from interfering with state medical marijuana laws, essentially creating conflict within the federal government itself.
Speaker: Jonathan Bench, International Cannabis and Securities Business Attorney at Harris Bricken
The U.S. cannabis industry is still in its infancy, even though states began engaging with legalization in one form or another in the late 1990s. Today, many opportunities exist for individuals and businesses that want to engage in the industry. Some want to directly own licensed businesses, while others prefer to keep the industry at an arm’s length and merely profit from it.
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