fbpx
QQQ
+ 0.17
347.40
+ 0.05%
DIA
-0.73
340.18
-0.22%
SPY
-0.39
423.50
-0.09%
TLT
-0.37
144.01
-0.26%
GLD
-0.08
166.33
-0.05%

China Bans All Synthetic Cannabinoids

May 11, 2021 5:31 pm
Share to Linkedin Share to Twitter Share to Facebook Share to Print License More
China Bans All Synthetic Cannabinoids

This article by Franca Quarneti was originally published on El Planteo, and appears here with permission.

The Chinese government has announced that all synthetic cannabinoids will be included in the list of banned drugs.

What are synthetic cannabinoids?

Synthetic cannabinoids are manufactured chemicals that target the same receptors in the brain as the natural cannabinoids in marijuana.

China relied on a warning issued by the FDA in 2018 against synthetic cannabinoids, where the FDA states that they "can be toxic and cause serious side effects different from marijuana." While numerous studies have been conducted since then, the FDA has not yet retracted its recommendations.

This is the second time that China has banned an entire category of substances, following the veto of fentanyl-related drugs in 2019.

In addition, the authorities announced a ban on 18 other psychoactive substances. According to a press release, the changes will come into effect on July 1.

The Chinese government has not yet communicated the sanctions that will be associated with this new ban. But it should be noted that China regularly executes people convicted of drug-related offenses.

Encuentra nuestro contenido en Español en El Planteo:

Photo Via Unsplash

 

For the latest in financial news, exclusive stories, memes follow Benzinga on Twitter, Facebook & Instagram. For the best interviews, stock market talk & videos, subscribe to our YouTube channel.


Related Articles

Cannabis Industry Chart Of The Week: The Cost Of Cannabis Debt - The Gap Grows

As debt raises continue to increase for large and smaller operators, Viridian has calculated an “effective cost” analysis to truly arrive at cost of capital for borrowers. Our calculation explicitly values all embedded options including convertibility and any warrant coverage. read more

Cannabis Movers & Shakers: Charlotte's Web, Sundial, Aleafia Health, Grown Rogue, Simplifya

Charlotte's Web Taps Former Canopy Growth's CFO To Board Of Directors read more

Living In the Age Of Cannabis Delivery On Demand

This article was originally published on Cannabis & Tech Today, and appears here with permission. Many would argue 2020 has been the most stressful year in a generation. read more

Female-Founded CBD Brand House of Wise Raises $2M, Introduces Products To Help Women With Sleep, Sex And Stress

House of Wise, a new female-founded CBD brand, is raising $2 million through a seed funding round, according to a Tuesday announcement. read more