On Wednesday, California Governor Gavin Newsom signed four landmark bills into law. The new bills directly affect the legality of the state’s marijuana industry. Before the deadline of the legislative session, California lawmakers had approved and sent the new measures to the governor.
Assembly Bill 1458 will raise cannabis edibles’ THC variance cap through January 2022. The new bill allows edibles with a dose of equal to or less than 10mg per serving, a milligram variance of up to 12%. Initially this was capped at plus or minus 10 percent. The bill is good news to edibles makers as it grants them some breathing space in adhering to the strict testing protocols by the state.
Assembly Bill 1525 gives power to state authorities to share cannabis license holders’ financial information with federal agencies. However, the parties involved will have to grant the authorities permission before the sharing. The bill makes it easier for financial institutions to abide to reporting requirements by federal agencies. In a press conference where the bills were signed, the governor said that Assembly Bill 1525 protects some entities that provide the legal cannabis industry with financial services.
Senate Bill 67 will set up an appellation program to initiate transparency in the production of specific cannabis products. The bill governs where and how the products are made. The new bill will also give users more information on how farming affects the final products.
Senate Bill 1244’s language is crafted to strengthen the state’s cannabis testing program. The new law authorizes licensed testing labs to get and test cannabis or cannabis product samples from the state, local law enforcement, regulatory or prosecuting agencies.
California Cannabis Industry Association (CCIA) Executive Director Lindsay Robinson thanked the governor for prioritizing the bills. She said the bills will look to alleviate regulatory burdens while enhancing California’s cannabis appellation programs.