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New Regulations Roll Into Effect Around Country

As
federal level legislative action stalled from its overdrive in June,
developments around the country continue to shape evolving cannabis markets,
new and old. Of note this week:

Berkeley
C

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As
federal level legislative action stalled from its overdrive in June,
developments around the country continue to shape evolving cannabis markets,
new and old. Of note this week:


  • Berkeley
    City Council rules that dispensaries must give away medical cannabis
  • Florida
    drafts first rules on fees and dispensary allocations for new CBD market
  • New
    Rules in Colorado could boost expenses for edibles companies


Different
jurisdictions around the country are now consumed with writing new rules and
regulations as legal markets continue to expand and grow.

In the
nation’s oldest legal medical state market, California, the Berkeley City
Council has now passed a rule mandating that dispensaries must give away at
least 2 percent of what they normally sell to extremely low income if not
indigent customers and that the quality of it must be equal to that sold to
other users.

It is
the first measure of its kind in the country.

In what
is widely expected to be the next large and medical-only market, Florida is
shaping up to be one of the most expensive in the nation. Draft rules to
implement the CBD-only legislation signed into law in June by Governor Rick
Scott propose not only a lottery system to allocate dispensaries but also that
the same will cost $150,000 for successful applicants.

In
Colorado, now entering its seventh month of legal recreational sales, edible
makers face more regulations that may boost production expenses. New draft
rules just proposed by the state would mandate stricter manufacturing, marking
and product packaging rules that would reinforce a new 10mg per serving
guideline.

While
incidents of overdoses have been relatively rare, several well-publicized
incidents including one written about by New
York Times
columnist Maureen Dowd earlier in the year, have driven these
kinds of reforms (particularly in the Colorado state market). That said, with
Washington state’s new market due to begin on July 8, these kinds of reforms
are seen as just the beginning of a tighter regulatory scheme nationally for
products which already comprise of as much as 50 percent of the entire vertical.

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