Could a California interstate cannabis bill save state-legal marijuana businesses?
Senate Bill 1326 would give the state governor the authority to enter into agreements between our state and one or more other states for the purpose of allowing state-legal marijuana businesses to do business with each other.
If it passes and is successful that could open the doors to some enticing prospects. As our Los Angeles marijuana business lawyers can explain, it could allow medical-only facilities to ensure ample supply without licensing additional production locally (a potentially big money-saver, given California’s astronomical cannabis taxes). It *might* also mean there is a potential for interstate exports (though that’s purely speculation at this point).
Such an agreement might allow California to ship some of its supply south to Oregon – news that has many Golden State growers excited, given the state’s current oversupply issues. Continue reading