Cannabis Regulatory Reforms Put on Hold
Sacramento’s cannabis agenda has been upended by the coronavirus pandemic.
On Wednesday, CalMarijuanaPolicy noted that a bill regulating hemp-derived CBD products has been placed on hold. Now, plans for a major regulatory overhaul and tax reform are also being sidelined.
“In the budget proposal released Thursday, Gov. Gavin Newsom said that his previously announced goals – merging the state’s three regulatory agencies and streamlining marijuana tax collections – would have to be put off until next year because of complications stemming from the coronavirus,” Marijuana Business Daily reports. The governor’s office said plans to consolidate the three agencies will be part of the 2021-2022 state budget instead.
The revised 2020 budget allocates $143.8 million in funding to marijuana regulators, however ($68.2 million for the Bureau of Cannabis Control, $20.8 million for the Department of Public Health, and $54.8 million for the Department of Food and Agriculture.)