By Erik Muenker DC | Updated Post! | CBDbusinesBlog.com
House Republican Rep. Griffith Morgan from Virginia, has introduced a bill to the 115th Congress that would reschedule marijuana from a Schedule 1 Controlled Substance, AND exclude cannabidiol (CBD) from the definition of marijuana.
Part I – The Big News | Reschedule Marijuana!
Introduced in the House of Representatives on January 27, 2017, H.R. 715 would reschedule marijuana under section 202 of the Controlled Substance Act (21 U.S.C. 812) to a schedule under section 202 other than the dreaded schedule I.
Schedule I is reserved for substances that have a high potential for abuse, have no currently accepted medical use, and demonstrate a lack of acceptable safety when used under medical supervision.
Clearly, marijuana does not belong under Schedule I.
This bill, if passed, would be truly historic. It would completely alter the landscape for the cannabis industry nationally and perhaps even globally. Although rescheduling alone would likely not immediately end Federal prohibition, it would drive a huge crack in the wall of ignorance surrounding medical and recreational marijuana.
Part II – Equally Great News | CBD Excluded from CSA!
H.R. 715 would also remove cannabidiol (CBD), famous for its efficacy in treating intractable childhood epilepsy (e.g. Dravet Syndrome, Lennox-Gastaut Syndrome), from governance under the Controlled Substance Act!
An End to Federal Prohibition?
H.R. 715, by itself, would not prevent the FDA from restricting and regulating marijuana, but it would remove the DEA from the conversation.
Passage would also likely permit banks and other financial bodies to engage with state-compliant marijuana companies. This would bring much needed capital and financial security to an industry producing billions of dollars outside of mainstream financial institutions and poised to be crowned the #1 most valuable legal cash crop in the U.S.
Update: House Republicans have introduced a second marijuana Bill that would end Federal prohibition
I’m Just a Bill – A Marijuana Bill
What You Can Do to Support H.R. 715
H.R. 715 is headed to both the House Judiciary, and Energy and Commerce Committees. Speak up and voice your opinions. Tell your representatives to support the bill. Share your thoughts on Twitter and be sure to let President Trump know where your stand @POTUS.
Republican Bob Goodlatte (Virginia) is the Chairman of the House Judiciary Committee. I am sure he’d love to hear from you.
Wanna send him an email?
In case you are asked – sample Virginia 6th District zip codes are 22610, 22623, 22630, 22641.
Representative Greg Walden (Oregon) is the Chairman of the Energy and Commerce Committee. I am also sure he would love to hear from you on this issue.
Here is his contact page.
Make your thoughts heard today! Now is the time to remove CBD from the Controlled Substance Act and reschedule marijuana so that it can be properly studied and regulated.
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Dr. Erik Muenker D.C. is the Publisher and Editor of the CBD Business Blog, an online blog and journal – your source for exclusive business, scientific, health and political news impacting the recreational and medical marijuana industries.
Our focus is on cannabidiol (CBD), a non-addictive, non-psychotropic and medically powerful cannabinoid found in marijuana and hemp. Disclaimer