CCMA Greenbrief May 2: Feinstein Drops Opposition To Legal Pot… CA Cannabis Landlords Would Get Insured Under New Deal… CA Canna-Businesses Struggle To Comply With New Regulations… Trash x


CCMA Political greenBrief
Wednesday May 2, 2018

Sen. Dianne Feinstein Says California’s Farms Will Be Harshly Affected By A Trade War With China

“My state has legalized marijuana for personal use, and as California continues to implement this law, we need to ensure we have strong safety rules to prevent impaired driving and youth access, similar to other public health issues like alcohol.”
Dianne Feinstein, United States Senator for California

“I want to make sure that when consumers shop in cannabis businesses, when investors and owners invest in cannabis businesses, when vendors sell to cannabis businesses, and when landlords rent to cannabis businesses, there is insurance coverage available to cover everyone from losses. I encourage more insurance companies to follow California Mutual Insurance Company’s lead and file insurance programs to fill the gaps in coverage for the cannabis industry.”
Dave Jones, California’s State Insurance Commissioner

Feinstein Drops Opposition To Legal Pot, Giving Legal Marijuana A New Ally (CA – Legal Market) 
The Sacramento Bee (May 1, 2018) Sen. Dianne Feinstein, a longtime opponent of legalizing recreational marijuana, now says the federal government should not interfere in California’s legal marijuana market. Feinstein’s office said her views changed after meetings with constituents, particularly those with young children who have benefited from medical marijuana use.

California Cannabis Landlords Would Get Insured Under New State Deal (CA – State Regulations)
North Bay Business Journal (May 1, 2018) Landlords who rent property to the cannabis industry can now be insured for any liability. California’s state insurance commissioner, Dave Jones, announced the state office has approved California Mutual Insurance of Hollister to write Lessor’s Risk coverage for property owners who are exposed to specific risks resulting from cannabis related business activities of their commercial tenants.

Weed Sales OK’d At California’s First Big Marijuana Festival at Sacramento Concert (CA – Cannabis Cup)
The Sacramento Bee (May 1, 2018) Marijuana lovers will be able to light up at the Lauryn Hill concert this weekend after all. Despite the objections of the City Council member whose district represents the Cal Expo fairgrounds, the council approved a one-time license for marijuana consumption at the facility at this weekend’s Cannabis Cup festival.

More Businesses Are Mellowing Out Over Hiring Pot Smokers (CA – Cannabis Regulation)
The Sacramento Be (May 2, 2018) FPI Management, a property company in California, wants to hire dozens of people. Factories from New Hampshire to Michigan need workers. Hotels in Las Vegas are desperate to fill jobs. Those employers and many others are quietly taking what once would have been a radical step: They’re dropping marijuana from the drug tests they require of prospective employees.

California Canna-Businesses Struggle To Comply With New Regulations As Temporary Licenses Expire (CA – Cannabis Cultivation)
Merry Jane (May 1, 2018) In order to give older businesses a chance to transition over to fully licensed operations, and to give new businesses a leg up on getting into the legal industry, the state gave out temporary licenses that waived some fees and requirements. But now, as these licenses expire, some business owners are finding that the fees and regulations are so arduous that they are considering quitting the industry.

California Cannabis Company Sublime Canna Raises $6.2 Million To Fuel Expansion (CA – Cannabis Distribution) 
New Cannabis Adventures (May 1, 2018) Sublime Canna, an innovative cannabis manufacturing company, recently closed $6.2 million in Series A financing to increase production and launch new products to meet the growing demand for high-quality, legal cannabis products in California.

California Cannabis Company Sublime Canna Raises $6.2 Million to Fuel Expansion

Legislation Introduced To End The Federal Government’s Marijuana Production Monopoly (USA – Cannabis Research)
Norml (April, 27, 2018) A bipartisan coalition of over two-dozen federal lawmakers, including House Judiciary Chairman Bob Goodlatte (R-VA) and Matt Gaetz (R-FL), are backing newly introduced legislation — The Medical Cannabis Research Act of 2018 — to facilitate federally-approved clinical trials involving cannabis.

Legislation Introduced To End The Federal Government’s Marijuana Production Monopoly

New Study Will Explore Medical Marijuana As A Treatment For Autism (USA – Medicinal Marijuana)
Entrepreneur (May 1, 2018) Many people have talked about the need for more research into the potential of medical marijuana. But a foundation in California is backing the talk. The Ray and Tye Noorda Foundation has given $4.7 million, the largest private gift ever for medical marijuana research in the United States, to fund research at the Center for Medical Cannabis Research (CMCR) at the University of California, San Diego, on the use of cannabidiol (CBD) compounds to treat autism.

Time For Some Blunt Truth On National Honesty Day (USA – Cannabis Cultivation) (April 30, 2018) National Honesty Day is April 30, so let’s do some good old-fashioned truthing, people. Cannabis has made some tremendous strides in the last decade or so, both in terms of legislative reform and public acceptance, but there’s still much left to accomplish before weed can be destigmatized and take its rightful place among the rest of the non-addictive remedies it yearns to rejoin in classification.

Hemp Is In A Legal Thicket, But Bills in Congress May Clear Confusion (USA – Legalization) (April 30, 2018) Republican Senate Majority Leader Mitch McConnell’s proposed farming bill introduced April 12, 2018, could be what definitively answers the question: Is hemp legal? Since the current answer to that question is more of a noncommittal shrug, hemp industry supporters are more than a little excited about the Hemp Farming Act of 2018.

Missouri House Passes Medical Cannabis Bill (MO – Medicinal Marijuana)
Ganjaprenuer (May 2, 2018) Missouri’s House has passed a medical cannabis measure that would allow individuals with terminal illness and 11 other conditions to access the program, the Columbia Missourian reports. The bill would allow access to non-smokable products, such as pills or tinctures, and provides for in-state production overseen by the state Department of Agriculture.

Missouri House Passes Medical Cannabis Bill

Colorado Dispensary Faces Loss Of All Cannabis Licenses For ‘Looping’ Scheme (CO – Marijuana Manufacturing) 
Ganjaprenuer (May 1, 2018) Colorado’s Sweet Leaf Marijuana Centers could lose its 26 retail, cultivation, and manufacturing licenses after a municipal hearing officer ruled that the company pocketed millions of dollars in a “looping” scheme that allowed customers to purchase the maximum amount of cannabis multiple times a day and sell it in the illicit market, the Denver Post reports.

Colorado Dispensary Faces Loss of All Cannabis Licenses for ‘Looping’ Scheme

Oklahoma Advocates Approved To Begin Collecting Legalization Petition Signatures (OK – Legalization)
Ganjaprenuer (May 1, 2018) Advocates in Oklahoma have received state approval to begin collecting signatures for a ballot initiative asking voters whether to legalize both medical and recreational cannabis in November, according to a KOKH. The measure would add legalization to the state constitution, rather than as a law, which would also need to be codified by the state legislature.

Oklahoma Advocates Approved to Begin Collecting Legalization Petition Signatures