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Entrepreneurship: Cannabis Industry

Federal Law

Marijuana is still illegal under federal law, specifically Title 21 United States Code Controlled Substances Act.

Terms To Know

Cannabidiol (CBD): a constituent of cannabis that has been traditionally considered non-psychoactive.

Cannabinoids: one of a class of chemical compounds that act on cannabinoid receptors; may be naturally derived from the cannabis plant or manufactured.

Cannabis: a broad term that can be used to describe the various products and chemical compounds derived from the Cannabis sativa or Cannabis indica species.

Hemp: also known as industrial hemp, a variety of the cannabis sativa species with very low levels of THC.

Marijuana: a Cannabis sativa plant-derived product typically composed from the plant's dried leaves, stems, seeds, and buds.

Tetrahydrocannabinol (THC): the main psychoactive constituent of cannabis.

Taken from:
National Academies of Sciences, Engineering, and Medicine. (2017). The health effects of cannabis and cannabinoids: The current state of        evidence and recommendations for research. Washington, D. C. : The National Academies Press.
Hasse, J. (Ed.) (2018). Start your own cannabis business: Your step-by step guide to the marijuana industry.  Irvine, CA; Entrepreneur Media. 

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