With the public comment period for the state’s proposed regulatory changes closing on April 19, cannatech company Meadow and its community minded CEO David Hua, convened a series of discussions on what the industry needs from Sacramento. The result can be found here.
Meadow divides its recommendations into two parts: 1) Pain points it wants addressed, and 2) Support for positive changes in the proposal. (“Gain.”)
The pain column includes:
- Taxes: The state’s proposal doesn’t address taxes but “we have to call them out… as the single most detrimental (and counter-productive) element of regulated cannabis.”
- Labor: Amidst a worker shortage, document requests to lower the minimum age for workers at licensed businesses from 21 to 18.
- Accounting: The document says a state proposal that would require parties engaged in white labeling and similar deals to disclose each other as financial interest holders would be burdensome.
- Workplace: The Meadow document says a proposal to separate break rooms from storage would lead to many licensees removing their break rooms.
Among the state proposals endorsed in the document:
- It supports measures to more clearly define financial interest holders and ownership.
- It also supports being allowed to dispose of Metrc tags after use.
- The group also endorses ending the prohibition on caffeine as a product additive.
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