MJBizMag July 2022 - 40

Research Renaissance
Operating in state-licensed medical
and adult-use marijuana markets help
finance cannabis research at Denverbased
MedPharm. Photo by Matt Staver
'ULTIMATE
GATEKEEPER'
By Omar Sacirbey
I
n the ever-evolving world of
cannabis research, the most
groundbreaking companies might
be those with licenses issued by the U.S.
Drug Enforcement Administration.
Depending on the license class,
these companies can legally grow,
manufacture, import, export, analyze
and conduct research with cannabis.
Currently, only six entities are
registered with the DEA as " Bulk
Manufacturer Marihuana Growers. "
The permit allows license holders
to cultivate and distribute cannabis
flower or extract, per strict DEA quotas,
to DEA-licensed researchers working
on studies approved by the U.S.
Food and Drug Administration. (See
" Can DEA-backed cannabis growers
strike gold via drug development? " at
40 Julu 2022 | MJBizMagazine
mjbizdaily.com for details.)
Some bulk-manufacturing
registrants also have the other DEA
registrations, including those for
research, with hopes of developing
cannabis-based drugs that someday
will be approved by the FDA.
DEA RESEARCH
REGISTRATIONS
One company with a DEA registration to
conduct cannabis research is MedPharm
Holdings, a Denver-based company
with recreational marijuana operations
in Colorado and Michigan as well as
medical cannabis operations in Iowa.
As a state-licensed marijuana
business with a DEA research license,
MedPharm is still a rare breed, but
company executives expect the DEA
will eventually grant licenses to other
cannabis firms.
" The ultimate gatekeeper is the
DEA license, " said Duncan Mackie,
MedPharm's director of pharmacology
and experimental therapeutics.
" Big pharmaceutical companies like
Thermo Fisher won't even talk to you
or sell you a refrigerator until you get a
DEA license. "
WHAT'S BEING STUDIED
AND WHY IT'S IMPORTANT
MedPharm's operations in the
state-regulated market-cannabis
cultivation and manufacturing vape
cartridges, concentrates, topicals
and infused ingestibles such as
pills and tinctures-help finance
its research activities, which are
DEA licenses open
new doors for the
cannabis industry
to participate in
therapeutic research
http://www.mjbizdaily.com

MJBizMag July 2022

Table of Contents for the Digital Edition of MJBizMag July 2022

MJBizMag July 2022 - 1
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