Company: TCRG
Filing Date: 2025-03-21
Form Type: 10-K
Source: 0001185185-25-000206
Chunk: 5

Company: Cannaisseur Group Inc.
Filing Date: 2025-03-21
Form: 10-K
Item: Item 1
Chunk 5
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 the agency considered CBD
to fall within the definition of “x’ extract” (and to therefore be a Schedule I substance) if the CBD came from
the part of the cannabis plant that is included within the definition of “marijuana.”

The
passage of the AIA confirms that hemp-derived CBD products are now excluded from the CSA. As noted above, the AIA amended the definition
of “marihuana” as follows:

(A)Subject
to subparagraph (B), the term ‘marihuana’ means all parts of the plant Cannabis sativa L., whether growing or not; the seeds
thereof; the resin extracted from any part of such plant; and every compound, manufacture, salt, derivative, mixture, or preparation
of such plant, its seeds to resin.

(B)The
term ‘marihuana’ does not include—

    (i)
    hemp,
    as defined in section 297A of the Agricultural Marketing Act of 1946.

I.Limits
of the AIA

Although
the AIA removed “hemp” from the CSA, the Act has limitations.

a.Products
containing more than 0.3% of 9∆-THC are still subject to the CSA.

6

Notably,
the AIA’s exclusion of “hemp” from the CSA definition of “marihuana” is limited to those parts, derivatives,
or extracts of the plant containing less than 0.3% of 9∆-THC. Parts, derivatives, and extracts containing levels of 9∆-THC
greater than 0.3% meet the definition of marihuana and are subject to the CSA. Consequently, manufacturers and distributors of CBD
products must be prudent with respect to verifying the levels of 9∆-THC in products.

The
passage of the AIA confirms that hemp-derived CBD products are now excluded from the CSA. As noted above, the AIA amended the definition
of “marihuana” as follows:

(C)Subject
to subparagraph (B), the term ‘marihuana’ means all parts of the plant Cannabis sativa L., whether growing or not; the seeds
thereof; the resin extracted from any part of such plant; and every compound, manufacture, salt, derivative, mixture, or preparation
of such plant, its seeds to resin.

(D)The
term ‘marihuana’ does