5F-MDMB-2201 is understood to be a very potent CB1 agonist, but it is not known whether it has a strong selectivity for CB1, or indeed if it is selective at all. More testing will be required in this area.
5F-MDMB-2201 is not known to be considered a controlled substance in any country or major jurisdiction at the moment, but it may be considered an analogue of 5F-ADB or related compounds. That might make its sale or possession illegal in certain jurisdictions, so care should be taken when importing this chemical without a license.
5F-MDMB-2201 is sold purely as a research chemical, and is therefore unfit for human or animal consumption. It should be used only by trained personnel in a lab or forensic setting.