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August 2023 Policy In a surprising shift, this policy removed all references to hemp. November 2023 Policy Further removed the marijuana example from the August 2023 policy. Product Type Specifically, whether the products are topical or intended for topical application or ingestion.
Marijuana Moment report on some of the panels being proposed for 2023…… Voting is now open for the public to decide which panels will make the stage at next year’s South By Southwest (SXSW) festival—and there are about 100 marijuana- and psychedelics-related proposals to pick from. For psychedelics, there are 32 proposed panels.
“We’re continuing to drive cost savings and operational efficiencies across the company, and remain broadly on track to our target of $150 – $200 million in fiscal 2022- fiscal 2023,” added Mike Lee , CFO. “We Beverages, edibles, topicals 7. and vapes. Beverages, edibles, topicals. and vapes. Excise taxes.
Implementation of supply chain optimization well underway with network optimization and complexity reduction initiatives expected to realize our previously stated cost savings of $150 million to $200 million by the end of the first half of FY 2023. 33%. – Beverages, edibles, topicals. and vapes.
In my June 2023 post, I concluded that even if there are good arguments for THCA’s legality, practically speaking law enforcement was likely to consider THCA in calculating total THC, given the fact that THCA converts to THC upon application of heat. But, it bears mentioning that DEA’s interpretations are just that.
Griffen’s article is just one of many parsing the language of the 2018 Farm Bill and a 2023DEA letter on the topic. See also: “ THCA and the DEA: Rod Breaks Down the Latest News ” from Rod Kight, an another attorney prominent in the space. But DEA is not a court and DEA hasn’t made a rule, either.
REGISTER HERE If you haven’t already registered, please join us on July 25, 2023 at 10am PST for a free webinar on U.S. Drug Enforcement Administration (DEA), Customs and Border Protection (CBP) and their personnel. Import and Export of Marijuana, Hemp, and Paraphernalia. cannabis business lawyer Vince Sliwoski.
Note that hemp-derived topical products are excepted from the SB 353 regime. Suffice it to say that DEA has opined that it is — at least for now. The 2018 Farm Bill is set to expire September 30, 2023. Oregon’s legislative session ends June 25, 2023. That seems to be good enough for the drafters of this bill.
Celebrated author Michael Pollan has published two bestselling books on the topic: How to Change Your Mind and This is Your Mind on Plants. 8] Spravato is derived from ketamine and categorized by DEA as a Schedule III controlled substance. 9] Experts predict that this therapy could receive full FDA approval as soon as 2023. [10]
REGISTER HERE Please join us on July 25, 2023 at 10am PST for a free webinar on U.S. Drug Enforcement Administration (DEA), Customs and Border Protection (CBP) and their personnel. REGISTER HERE For more reading on this topic between now and July 25, check out the following: Can I Import Marijuana Seeds to the U.S.?
I take issue with some of the headlines , so here’s mine: “DEA Reportedly Agrees to Initiate Proposed Rulemaking to Reschedule Marijuana…”. HHS followed that directive, recommending on August 30, 2023, that marijuana be moved to Schedule III. I mentioned above that DEA “reportedly” has agreed to follow the HHS proposal.
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