“A lot of that product was paid for with needless blood,” he said. “It’s all about the monopoly,” New Jersey Cannabis Industry Association president Hugh O’Beirne said. As noted in Hoban Law blog posts, GW Pharma previously has pushed for legislation in South Dakota and Nebraska that would give it the exclusive reins to the CBD market in those states. Still, even as a federal reconsideration of cannabinoids appears on the horizon, concerns remain with respect to the potential exclusion of others from operating in the market. The FDA, in its news release, said it provided its recommendations to the DEA, which now will be required to make a change to the federal drug schedule. Impediments to Americans receiving health and wellness products have been removed and evaluations of hemp-derived product companies will skyrocket.” He continued: “Further still, the Food and Drug Administration has eclipsed the Drug Enforcement Administration and established its primacy in regulating oil-based, hemp-derived products. (Photo courtesy of GW Pharmaceuticals, London) Hemp-derived products’ application in the health and wellness arena is officially unassailable.”ĮPIDIOLEX reduces seizures associated with Lennox-Gastaut syndrome and Dravet syndrome in patients 2 years and older. “As this directly contravenes the Controlled Substance Act supposition that marijuana has no recognized medical application, the Food and Drug Administration has just kicked in the market’s doors. “For the first time in our nation’s history, controlled studies of marijuana verify its medical application,” Schain said. Hoban Law senior attorney Steve Schain said the impact of the FDA’s decision “cannot be overstated.” It makes sense because it’s non-psychoactive.” CBD will probably be the first to go (and get rescheduled). “I think it’ll be harder and harder, to use a hackneyed phrase, to put the horse back in the barn. “It’s just one more step toward a complete federalization of cannabis,” Horn said. “(The FDA has) basically federalized the efficacy of CBD,” said Fox Rothschild’s cannabis law co-chair Josh Horn. Industry experts touted this as a landmark in the march toward federal legalization of cannabis and for the potential import to the hemp industry. Unlike the drugs Marinol and Syndros, which are synthetic versions of THC, this is the first time a naturally occurring cannabinoid - in this case cannabidiol (CBD) - has received FDA approval. So says the Food and Drug Administration, which approved GW Pharma’s Epidiolex for the treatment of seizures associated with two rare and severe forms of epilepsy, Lennox-Gastaut syndrome and Dravet syndrome. Cannabis - or at least one of the extracts derived from it - has medical value. Landmark cannabinoid decision ‘kicked in’ the doors, sets stage for federal legalization And, of course, I hope you’re also following me on Twitter. What's on yours? You can email me, post in our members-only Facebook group or reach out if you see me at an event. The state must earmark funds brought in from cannabis sales for education, community reinvestment and medical research, rather than dumping it into the general fund to plug budget holes.The Legislature must incorporate either in the primary legislation or related legislation mandates for social justice, equal economic opportunity, community reinvestment and an expungement process for prior convictions.This will build infrastructure, supply and strain variety, and reduce the price point for patients. The state must permit more cultivators, manufacturers and retailers into the medical market.The barrier to entry is still too high for patients. The Legislature must pass legislation that expands and improves the regulatory framework for the state medical marijuana program.Otherwise, this canoe won’t hold its course. The Legislature and the administration need to get on the same page and paddle in the same direction.With that said, though, there are five things that have to get cleaned up before adult-use can move forward. Phil Murphy’s budget address in March, when he indicated he’d be happy if we got to adult-use by the end of the year.Īdult-use advocates are now pushing “this fall.”įrom talking to people in and around Trenton, this isn’t necessarily the worst news because the state can focus on expanding the medical program. Six months ago, it seemed like a lock, and we didn’t see the first cracks in the foundation until Gov. I wrote a story on Tuesday I never expected to write back in January when I started on the cannabis beat.įor those of you who haven’t heard, legislation that would legalize adult-use marijuana in New Jersey won’t happen before the budget deadline at the end of this month. Justin Zaremba Bent but not broken: A recipe to get things back on track
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