Is CBD Finally Legal?
If you’ve ever wondered where my animus for certain federal agencies originates, here’s a perfect example. I can't help but find it fascinating the ongoing relationship between the DEA and CBD. It remains very important to inform my fellow Americans of the alarming fact that the Cannabis plant remains a controlled substance in one form or another. And depending upon which state you live in, you may be subject to fines and imprisonment even now in 2021.
According to an announcement as far back as n September 2018, the DEA announced that drugs including CBD products containing a range from zero to 0.1% THC content are considered "Schedule 5" controlled substances and dangerous drugs forthwith.
This announcement is the first time the agency has lowered any type of Cannabis-derived cannabinoid or any part of the plant from "Schedule 1" designation on the list of Controlled Substances.
Meanwhile, white-collar profit-seekers and animal spirits ignore federal laws while we watch their general stock prices rise year after year. As such, investments are deemed to be of extremely high risk and clearly exhibit volatile price sensitivity.