Seventeen years after California voters legalized medical marijuana, and the state still hasn’t set up basic regulations for the industry now valued at – nearly two billion dollars.
Finally, California lawmakers are set to pass landmark medical pot rules by the end of August — or not. Senate Bill 1262 faces huge hurdles getting out of the Assembly by its deadline of August 31.
If the bill fails, it’s game over for much-needed regulations like safety testing, and dispensary security in the Golden State this year. Lawmakers are split on how tightly the rules should be on expanding marihuana industry.
California Governor Jerry Brown remains aloof, but reportedly told Mexican President Nieto that he thinks Cali voters will legalize weed by 2016.