On the last possible day of the current legislature, California lawmakers gave the go-ahead for a couple of measures on marijuana but, they shelved a potentially important part of the hemp legislation.

 

The two marijuana measures that got approved were:

Senate Bill 827, which freezes the state’s ability to raise tax rates until July 2021.

Assembly Bill 1525, which ensures that financial institutions will not face repercussions from the state for the provision of services to cannabis companies.

A bill that would establish a set of new rules for the hemp industry tabled after a protest by both hemp growers and insiders of the marijuana industry but failed consideration. 

Assembly Bill 2028, which had been awaiting a significant amendment since the changes first initiated on August 24, was neither amended nor passed before the legislative deadline.

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The latest cannabis regulations approved by California
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The latest cannabis regulations approved by California
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On the last possible day of the current legislature, California lawmakers gave the go-ahead for a couple of measures on marijuana but, they shelved a potentially important part of the hemp legislation.
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CBD.CI
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