420 with CNW – US Federal Government Sends Out Advert for Cannabis Cultivators

November 21, 2018 04:20:30

The Federal Business Opportunities website recently featured an advert of great interest to the cannabis industry. In that advert, the federal government was inviting entities to submit their capability statements if they felt they could grow or supply different quantities of marijuana strains or products.

The advert stipulates that any firms interested in the opportunity should have the capacity to store at least 5000 kilos of marijuana.

This advert is good news to the cannabis industry because for long, it has been difficult to get hold of cannabis for research purposes. This is because the only federally-licensed producer, Mississippi University, could not meet the quantity and quality requirements of the marijuana needed for clinical trials and other research purposes. The sole cultivator was licensed in 1968 and that is how the situation remained for all these decades.

The advert also explains that any prospective cultivator should have the ability to grow or procure cannabis having different concentrations of CBD and THC from reputable foreign sources.

It will also be mandatory for the selected suppliers to manufacture standardized cannabis cigarettes.

Needless to say, the advert also asked interested companies to apply only if they have the capacity to ship cannabis securely to scientists in different locations around the country. FDA quality requirements will be adhered to for any manufacturing or storage facility used by the producers.

You should remember that this announcement comes a few months after University College San Diego got permission to import marijuana capsules from Canada since those needed products couldn’t be obtained within U.S. borders. The cannabis was to be used for clinical trials aimed at finding a treatment for childhood autism.

The invitation sent out by the federal government will therefore open the way for large cannabis industry players to take part in making it possible for scientific research on cannabis to be conducted in the US.

This business opportunity advert comes at a time when the news of the resignation of Jeff Sessions as Attorney General is still fresh in the cannabis industry and around the country. Could his presence in office have delayed the making of such decisions since he was so opposed to any form of cannabis legalization?

Industry players like Redfund Capital Corp. (CSE: LOAN) (OTC: PNNRF) (Frankfurt: 03X4) and SinglePoint, Inc. (OTCQB: SING) can only hope that the companies which will be selected at the end of the screening process will deliver cannabis whose quality is high enough for research purposes unlike what has been previously available from federal sources.

More from CannabisNewsWire

About CannabisNewsWire

CannabisNewsWire (CNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) CannabisNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, CNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. CNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, CNW brings its clients unparalleled visibility, recognition and brand awareness. CNW is where news, content and information converge.

To receive instant SMS alerts, text CANNABIS to 21000

For more information please visit https://www.CannabisNewsWire.com

Please see full terms of use and disclaimers on the CannabisNewsWire website applicable to all content provided by CNW, wherever published or re-published: http://CNW.fm/Disclaimer

CannabisNewsWire (CNW)
Denver, Colorado
303.498.7722 Office