State-licensed medical marijuana businesses can now apply for federal protections in line with the Trump administration’s cannabis rescheduling process.
The Drug Enforcement Administration’s “Medical Marijuana Dispensary Registration Portal” went live on Wednesday morning.
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, marijuana products regulated by a state medical cannabis license immediately moved to Schedule III, as did any marijuana products that are approved by the Food and Drug Administration (FDA).
Medical cannabis dispensaries with state licenses 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.
“For each activity below, indicate whether the firm has a standard operating procedure (SOP):
Ordering Receiving Inventories Storage of Marijuana Security Dispensing (including delivery services) Distributing Destruction/Disposal Theft/Loss Reporting Due Diligence (including supplier/patient/practitioner verification) Corresponding Responsibility Maintenance of Records”
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