(This story is part of the cover package in the July issue of MJBizMagazine.)
In the ever-evolving world of cannabis research, the most groundbreaking companies might be those with licenses issued by the U.S. Drug Enforcement Administration. Depending on the license class, these companies can legally grow, manufacture, import, export, analyze and conduct research with cannabis.
Currently, only six entities are registered with the DEA as “Bulk Manufacturer Marihuana Growers.” The permit allows license holders to cultivate and distribute cannabis flower or extract, per strict DEA quotas, to DEA-licensed researchers working on studies approved by the U.S. Food and Drug Administration. (See “Can DEA-backed cannabis growers strike gold via drug development?” for details.)
ADVERTISEMENT
Some bulk-manufacturing registrants also have the other DEA registrations, including those for research, with hopes of developing cannabis-based drugs that someday will be approved by the FDA.
DEA Research Registrations
One company with a DEA
Read full article on Marijuana Business Daily