Medical Marijuana is Regulated. What's Different? (Nothing, yet).

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On Friday, Gov. Jerry Brown signed into law three bills that, for the first time, regulate California's massive multi billion-dollar medical cannabis industry on a state level.

For the first time, commercial marijuana activity is expressly allowed under state law. Sales and turning a profit — both long considered no-no's for cannabis growers and sellers by law enforcement — are OK. Growers, sellers, testers, transporters and manufacturers will be licensed, and all of it will be overseen by a new Bureau of Medical Marijuana regulation, run by a "weed czar" to be appointed by the governor.

Meanwhile, individual medical cannabis patients will be allowed to grow and smoke limited amounts without any license required.

The passage of AB 243, AB 266 and SB 643 required cooperation between the state's marijuana industry players, law enforcement, local government, and organized labor, and is no doubt a big deal. This is what the...

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