New DEA rule on extracts, CBD riles cannabis industry

A little three-page document published this week in the U.S. Federal Register sent some fairly big shock waves through the cannabis industry.

The U.S. Drug Enforcement Administration filed a final rule notice to establish a Controlled Substances Code Number for “marihuana extract,” and subsequently maintaining marijuana, hemp and their derivatives as Schedule I substances. According to the notice:

This code number will allow DEA and DEA-registered entities to track quantities of this material separately from quantities of marihuana. This, in turn, will aid in complying with relevant treaty provisions.

The filing published Wednesday goes on to state that a new code number is needed because the United Nations Conventions on international drug control treats cannabis plant extracts differently than marijuana or tetrahydrocannabinols (THC). The rule is expected to take effect Jan. 13, 2017.

Following some initial reports Wednesday on the rule and potential effects, the speculation and confusion swelled among...

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