Indopedia All Things Marijuana
In order to reach compliance with the cannabis legalization bill voters passed in November, lawmakers have been working relentlessly to prepare for the Jan. 1, 2018 opening of the state’s legal marijuana market.
The first step was collecting input from concerned citizens, business owners, and stakeholders to determine what should and shouldn’t be covered in the state’s legalization language. Now, with New Year’s Day looming, the state’s Bureau of Cannabis Control must merge the ever-evolving proposed medical and recreational regulations into one all-encompassing set of rules for the entire industry to abide by.
On Thursday, the bureau made public their emergency regulations, meant to unify the medical and recreational regulations that had already been established, as well as addressing any issues brought forward during the public comment periods. While these regulations are certainly not final, they will at least provide a solid base during this transitional period from which everyone in oversight or in the industry can learn and adapt.
With conservative estimates valuing the legal market in California at $7 billion in 2018, there is a lot at stake for both…
