Transition Rules – Regulated Commercial Cannabis Market

Transition Rules – Regulated Commercial Cannabis Market The California cannabis regulators have thought through transition rules – regulated commercial cannabis market including: Beginning January 1, 2018, and before July 1, 2018, licensees may do the following: Conduct business with other licensees irrespective of the M or A  designation Sell goods in inventory that don’t meet packaging requirements if placed  in a child‐resistant package by the  retailer at the time of sale Nonedible cannabis products that do not meet THC limits per package may be transported M-Licensees may transport and sell medicinal products that are 10 milligrams or less per serving  THC regardless of the amount in the package. Cannabis goods that do not meet labeling requirements may be transported and sold if a sticker with the applicable … Continue reading “Transition Rules – Regulated Commercial Cannabis Market”

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Transition Rules – Regulated Commercial Cannabis Market The California cannabis regulators have thought through transition rules – regulated commercial cannabis market including: Beginning January 1, 2018, and before July 1, 2018, licensees may do the following: Conduct business with other licensees irrespective of the M or A  designation Sell goods in inventory that don’t meet packaging requirements if placed  in a child‐resistant package by the  retailer at the time of sale Nonedible cannabis products that do not meet THC limits per package may be transported M-Licensees may transport and sell medicinal products that are 10 milligrams or less per serving  THC regardless of the amount in the package. Cannabis goods that do not meet labeling requirements may be transported and sold if a sticker with the applicable … Continue reading "Transition Rules – Regulated Commercial Cannabis Market"
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Author: abizcannabis

Managing Director & CEO of integrated transactional financial advisory, tax, and technology consulting firm - aBIZinaBOX Inc New York, Chicago, and OaklandCPA.CITP.CISM.CGEIT.CGMAExpertise with: Alt. Investments/Private Equity, Real Estate, Professional Services, CA Cannabis, Tech Start-Ups and Distressed Assets/DebtTechnology Certifications including:Advanced & High Complexity Cloud Integrator AICPA PCPS, CAQ,, IMTA, CITP ISACA CGEIT, CISMState CPA Societies in California, Florida, Illinois, New York and TexasExpertise with Regulatory Compliance - US - HIPAA, FINRA, SEC Rule 17(a)(3)/(4), eDiscovery, FINCEN - EU- EBA, ESMA, EIOPA UK - BoE, PRA, FCA