After the federal law legalized hemp derived cannabinoid for medicinal purposes, many states are following its trail and changing their state regulations regarding the sale and use of CBD. Despite of the Farm bill 2018 which supports the use of CBD, a chemical compound with anti-inflammatory properties for health benefits, several states and law officials have been holding back their decision on the same.
While some have made amendments to their existing regulatory framework, others stand strong with stringent restrictions against CBD and prohibit the use of it or any other products that contain cannabinoid.
After much legislative back and forth, intensive discussions and a huge grey area in the consumer market, Maine has finally set up its legal framework regarding the sale of adult use cannabis, more than two years citizens voted for legalized sales. Gov. Janet Mills signed the bill into law this Thursday. The governor’s office said that it will accept business license applications by the end of 2019.
This move of legalizing cannabinoid is being touted as an about face in Maine’s governorship. The previous Gov. Paul LePage was notoriously famous for his anti-cannabis stances, even though the citizens voted for the law. Under the governorship of Gov. Mills, the state has seen a rather quick about face on the subject, leading to the progress of the cannabis legalization bill which had not been taken up or seen earlier.
Under the law, recreational marijuana sales could arrive as soon as 2020. Maine already runs a medical program in place for qualified citizens. Apart from this, under the regulations, municipalities can choose if it wants to participate in the sales or not. So far, only a few cities have proper legal sales framework in place for medicinal cannabis.
The law would also clarify the status of cannabis infused edibles, no longer considering them as “adulterated.” Other parameters would include state citizenship statuses for obtaining a business license to work in the CBD space legally. In this case, citizens must live in Maine for at least four years and have 51% or more ownership of the business to qualify.
Though Maine has signed off the legality of CBD making it a legal product to be produced, distributed and sold, many other states still are on a backseat. The U.S. Food and Drug Administration held a public meeting on May 31 which included stakeholders, law officials, consumers, retailers and people from the business domain to discuss about regulatory reform for CBD.
The meeting called for proper analysis and implementation of safe regulatory laws for the sale, marketing and consumption of CBD. Till now the FDA only allows Epidiolex, a CBD based drug used for two rare and severe forms of epilepsy in children.
CBD is widely popular for its healing and non-psychoactive nature. It helps reduce stress, anxiety, depression, insomnia and improve mental health altogether. Many people have also found a significant improvement in their health after using CBD based products for treating ailments like Alzheimer’s, epilepsy and even cancer in some cases.
CBD is safe to use and contains no mind-altering chemicals which might give a “high” to the user. In fact, the “high” producing compound is known as THC, tetra hydro cannabinoid which is known to cause hallucinations and permanent mental disorders if used for a prolonger period of time.
As per the federal law standards, CBD products can contain a maximum of 0.3% of THC above which it becomes illegal. There are many things that have to be formed, regulated and implemented for CBD based products as the consumer market is filled to the brim with CBD infused edibles, beverages, skin care and health products.
As per the state laws of Maine, the applications fees for business licenses are expected to range from $60 to $500. The cost for annual license fees are expected to range between $350 to $15,000.