Recommended content

Critics question whether Biden-signed marijuana research law has ‘any value’

Starved for good news from Washington DC, the broad cannabis movement greeted President Joe Biden’s signing of the Medical Marijuana and Cannabidiol Research Expansion Act into law in December with enthusiasm and hope.

Surely, new research supporting the rescheduling of marijuana – and, with it, tax relief for the cannabis industry – as well as other federal reform would soon follow the first stand-alone bill related to MJ signed into law since Richard Nixon’s presidency.

ADVERTISEMENT

At least, that’s what industry executives and investors hoped would happen after the bipartisan legislation became law Dec. 2.

But six months later, a growing chorus of critics note that the federal government has registered zero new cannabis research projects under the new law.

Nor have any new applications for producers of research-grade cannabis been approved under the new law, according to the Federal Register.

That’s where the U.S. attorney general

Read full article on Marijuana Business Daily

Follow us on Instagram or join us on facebook page

Be first to rate

Marijuana Business Daily
Source

More news