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DEA – “Much Ado About Nothing”

FORBES DEC 19, 2016 @ 10:57 AM  Debra Borchardt ,    CONTRIBUTOR I write about retail and cannabis.   The battle lines are heating up between the marijuana Marketplace and the Drug Enforcement Agency. Last Wednesday, the DEA slipped an update in the Federal Register that established a new drug code for marijuana extracts. The move panicked the industry, which is already nervous with the new administration coming in. Millions are at stake for several publicly traded companies that have invested years in marketing products based on the extract called cannabidiol, or CBD. The DEA seemed to believe it was much ado about nothing and was merely a move meant...

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