You are here
Home 🌿 Marijuana Politics 🌿 California lawmakers reach agreement on regulating medical marijuana 🌿California lawmakers reach agreement on regulating medical marijuana
Lawmakers who have been negotiating a plan to regulate medical marijuana in California said late Thursday that they have reached an agreement on legislation to be acted on by Friday's deadline.
The proposal would create a new state office that, along with cities, would issue licenses for medical cannabis dispensaries. Marijuana growers also would face regulations enforced by the state. Assemblyman Jim Wood (D-Healdsburg) said the compromise drops a proposed excise tax that would have brought in $60 million for policing and environmental protection.
“This package is the end product of countless hours meeting with stakeholders and extensive negotiations with the governor’s office,” Wood said.
The regulations of the billion-dollar industry will be divided between a couple of bills in the Senate and Assembly.
They will create a new Bureau of Medical Marijuana Regulation that would oversee a multiagency licensing and regulatory effort, relying on expertise from the California Department...
This marijuana news is brought to you by 420 Intel. For the latest breaking cannabis industry news, subscribe to the 420 Intel newsletter. If you'd like to promote your product or service in this area after every article, contact us.
420 Intel is Your Source for Marijuana News
420 Intel Canada is your leading news source for the Canadian cannabis industry. Get the latest updates on Canadian cannabis stocks and developments on how Canada continues to be a major player in the worldwide recreational and medical cannabis industry.
420 Intel Canada is the Canadian Industry news outlet that will keep you updated on how these Canadian developments in recreational and medical marijuana will impact the country and the world. Our commitment is to bring you the most important cannabis news stories from across Canada every day of the week.
Marijuana industry news is a constant endeavor with new developments each day. For marijuana news across the True North, 420 Intel Canada promises to bring you quality, Canadian, cannabis industry news.
You can get 420 Intel news delivered directly to your inbox by signing up for our daily marijuana news, ensuring you’re always kept up to date on the ever-changing cannabis industry. To stay even better informed about marijuana legalization news follow us on Twitter, Facebook and LinkedIn.
Follow us on Instagram
Connect with us on Linkedin