According to a recent press release from the DCC, the emergency regulations have been approved and are now in effect.
“The regulations create consistent standards for cannabis licensees across all license types, by aligning application requirements, unifying terminology, and clarifying ownership and financial interest requirements,” the release states.
The new rules also establish requirements for trade samples between businesses, which was previously authorized by Assembly Bill 141.
As previously reported by Cannabis Business Times, Gov. Gavin Newsom signed A.B. 141 into law earlier this year.
Julia Jacobson, CEO of Aster Farms, a sustainable cannabis company in Northern California, previously told Cannabis Business Times that Newsom signing AB 141 into law helps the industry move forward, as the legislation combines the state’s three cannabis agencies into one regulatory body, which is the DCC. Additionally, Jacobson said the legislation provides “relief extensions on provisional cultivation licenses awaiting CEQA review.”
The new regulations also allow license holders to engage in business-to-business trade samples with products that contain cannabis.
“We are working towards simplifying regulatory requirements and making it easier to operate within the legal market,” DCC Director Nicole Elliott said in the release. “The approval of these regulations puts us one step closer towards meeting this objective.”