While the three agencies regulating various aspects of the California cannabis industry, the Bureau of Cannabis Control (BCC), the Department of Food and Agriculture, and the Department of Public Health will be submitting their draft today (December 3rd), the public is not expected to get a look at them until January. Draft rules were released last October 16th and industry participants and the general public submitted comments to be considered by the various agencies. After the regulatory bodies get their proposals submitted, a month-long review process kicks in, as Marijuana Business Daily reports:
“We expect to send our final version of permanent regulations to the Office of Administrative Law (OAL) on Monday, Dec. 3,” Alex Traverso, spokesman for the California Bureau of Cannabis Control (BCC), wrote in an email to Marijuana Business Daily.
“That will kick off a 30-day review period for OAL. The regulations will not be made public while OAL conducts its review,” he added.
Traverso wrote that the anticipated public release of final regulations after the OAL has given approval is “likely in early- (or) mid-January.”
Hopefully, as the BCC’s Traverso also told Marijuana Business Daily, government powers will allow the public to get a chance to start reviewing the rules before January, so industry participants can get as much time a possible to respond and prepare. With so many hurdles facing the burgeoning industry from all levels of government, it would be extremely helpful to have extra time to prepare.
Regardless of how the rules review timeline shakes out exactly, it is glaringly obvious that the timing of the International Cannabis Business Conference in San Francisco couldn’t be better for the Golden State’s cannabis industry. By bringing in top regulators, investors, and entrepreneurs to the Bay Area on February 7-8, the ICBC San Francisco, will be the best event for the industry to network and get some answers first-hand from those in the know. This important event is expected to sell out. To ensure your spot at the industry event of the year (and save some hard-earned money), purchase early-bird tickets by January 18th.