California Bureau of Cannabis Releases Proposed Emergency Regulations

On November 16, 2017, California’s three state cannabis licensing authorities publicly noticed proposed emergency regulations for commercial medicinal and adult-use cannabis. The regulations cover the types of licenses and enforcement and discuss a transition period from January 1 through June 30th.

One controversial rule is that edible doses may not exceed 10mg of THC, and adult-use products may not exceed 100mg per package. Fortunately, medicinal cannabis products will not be subject to this limitation. The rules discuss a phasing in of the testing of cannabis products, with a complete transition by the end of 2018.

BUREAU OF CANNABIS CONTROL PROPOSED TEXT OF REGULATIONS

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Breaking news by Alan Brochstein, CFA

Alan Brochstein, CFABased in Houston, Alan leverages his experience as founder of online communities 420 Investor, the first and still largest due diligence platform focused on the publicly-traded stocks in the cannabis industry. With his extensive network in the cannabis community, Alan continues to find new ways to connect the industry and facilitate its sustainable growth. At New Cannabis Ventures, he is responsible for content development and strategic alliances. Before shifting his focus to the cannabis industry in early 2013, Alan, who began his career on Wall Street in 1986, worked as an independent research analyst following over two decades in research and portfolio management. A prolific writer, with over 650 articles published since 2007 at Seeking Alpha, where he has 70,000 followers, Alan is a frequent speaker at industry conferences and a frequent source to the media, including the NY Times, the Wall Street Journal, Fox Business, and Bloomberg TV. Contact Alan: Twitter | Facebook | LinkedIn | Email


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