In most states that have legal cannabis markets, the legal landscape around the controversial plant is constantly shifting. Being a new market that’s centered on a product that is illegal at the federal level, lawmakers are still unsure about how to regulate cannabis and are still working out several issues. Sometimes they create policies that work, helping to boost cannabis sales as well as tax revenue for the state, while at other times, they don’t quite stick the landing.
At least that’s what medical cannabis caregivers in Maine say. Policymakers recently proposed regulations that would require medical marijuana caregivers registered by the state to use its inventory tracking system. That legislation would require local approval to run operations, and the new rules would also introduce new packaging and labeling standards, as well as 24-hour surveillance in some cases.
According to Dawson Julia, owner of East Coast CBD in Unity, the newly proposed regulations are a literal “industry crusher.” According to a copy of the preliminary draft rules posted online, small-scale caregivers who don’t operate a retail store, don’t do any wholesale transfers to other caregivers, and grow 12 plants or less would have access to a “limited inventory tracking” option.
Despite this attempt to make the regulations more palatable, more than 3,000 caregivers in Maine have called the proposed legislation a “blatant slap in the face,” arguing that it will push most of them out of the market. Julia, who leads the Maine Cannabis Coalition, estimates that up to 85% of Maine’s 3,000-plus medical marijuana caregivers would go out of business if the rules go into effect, adding that only the “very biggest” companies would emerge unscathed.
Julia is helping to launch a campaign to fight further regulation, and he says the group’s GoFundMe page raised more than $34,000 almost overnight to support the cause. These new rules are based on the policies designed for the recreational market, he says, vowing to “fight till the end” to keep policymakers from further regulating the medical cannabis market.
However, Erik Gundersen, director of the Maine Office of Marijuana Policy, argues that although the regulations may share similarities with adult-use policies that are “rooted in national best practices,” policymakers do not intend to copy-paste adult-use policies into the medical cannabis market. Rather, legislation is aimed at preserving public health, safety and making the state’s medical program more transparent and accountable.
Still on the matter of medical marijuana, RYAH Group Inc. has a Smart Pen, which is a liquid dispenser that is capable of mixing precise doses of CBD, THC and other compounds so that a patient can enjoy the synergistic effects of those different cannabinoids working together.
NOTE TO INVESTORS: The latest news and updates relating to RYAH Group Inc. are available in the company’s newsroom at https://cnw.fm/RYAH
CNW420 spotlights the latest developments in the rapidly evolving cannabis industry through the release of two informative articles each business day. Our concise, informative content serves as a gateway for investors interested in the legalized cannabis sector and provides updates on how regulatory developments may impact financial markets. Articles are released each business day at 4:20 a.m. and 4:20 p.m. Eastern – our tribute to the time synonymous with cannabis culture. If marijuana and the burgeoning industry surrounding it are on your radar, CNW420 is for you! Check back daily to stay up-to-date on the latest milestones in the fast -changing world of cannabis.
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