The Drug Enforcement Administration (DEA) announced that Mountain Trading LLC has applied to be registered as a bulk manufacturer of marihuana, a controlled substance listed under schedule I. The DEA will evaluate this application, along with others, based on the criteria set out in relevant laws and regulations. Current bulk manufacturers and other applicants can submit comments or objections to this application until April 19, 2021. If registered, the company will produce active pharmaceutical ingredients for research purposes only and must comply with established safeguards against drug diversion.
Simple Explanation
The DEA is letting everyone know that a company named Mountain Trading LLC has asked for permission to grow and make medicine from marihuana for research. They will check if it's safe and follows the rules, but haven't said exactly what all those rules are.