The Drug Enforcement Administration (DEA) has announced that it will begin accepting applications this week for medical marijuana businesses to apply for federal protections being granted under the Trump administration’s cannabis rescheduling process.
The agency’s “Medical Marijuana Dispensary Registration Portal” is set to go live on Wednesday at 9 AM ET.
The move follows last week’s announcement by the Department of Justice that marijuana is being moved from Schedule I to Schedule III of the Controlled Substances Act (CSA), in phases.
Under an order signed by Acting Attorney General Blanche on Thursday, marijuana products regulated by a state medical cannabis license will immediately move to Schedule III, as will any marijuana products that are approved by the Food and Drug Administration (FDA).
State-licensed medical cannabis dispensaries that want to take advantage of new legal protections and tax benefits that come with Schedule III status will first have to fill out an application with DEA that asks for information about their processes for storage, ordering, dispensing, inventory, maintenance of records and other aspects of their businesses.
The application specifically asks about security measures such as vaults, safes, secure storage rooms, access controls, alarm systems and on-site security personnel.
Applicants can choose
Read full article on Marijuana Moment