Pro

Cool kids share plan to save Calif. cannabis

By Alex Halperin
Apr 14, 2022
story-image

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.

Lots more where those came from.

*

Comments can be sent to: publiccomment@cannabis.ca.gov