Changes in the cannabis industry
Last month a medical cannabis legalization process took place in California. The framework of three bills is now in place and the consequences of these new regulations will be seen in the coming years. Now the cannabis industry should work fast to keep up with the changes. Yet, there is one more major force in play in the cannabis business—local authorities. They retain the right to control the land, so it means that before requesting a state license you should obtain a local permission to cultivate, manufacture and dispense marijuana. New bills imply a creation of the Bureau of Marijuana Regulation that will work under the federal Department of Consumer Affairs. Led by a so-called chief, this bureau will manage the cannabis industry.