Jun 29

Last-minute California cannabis industry ‘Hail Mary’ to delay July 1 transition

A group of California cannabis companies and trade associations have sent a formal letter to Gov. Jerry Brown and the state Bureau of Cannabis Control (BCC) in a last-ditch attempt to push back the upcoming July 1 deadline for new required lab testing and packaging rules.

The letter warns of dire consequences for licensed marijuana businesses if the regulatory changeover isn’t delayed.

“Right now, we’re looking at an estimated loss of about $350-$500 million … in an industry that has already been regulated to the brink of destruction,” said Jerred Kiloh, owner of The Higher Path in Los Angeles and president of the United Cannabis Business Association (UCBA), one of the signatories of the letter to Brown.

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