Gov. Gavin Newsom recently signed into law a number of bills that are generally favored by the cannabis industry and consumers alike. But the new laws can be described as being only nominally important, and hoped-for fundamental changes to state law on matters like high taxes and over-regulation will have to wait until next year.
For now, the industry will remain hobbled.
That’s mainly due to the Covid-19 pandemic.
As the legislative session was getting underway during the spring and the pandemic’s severity was becoming clear, lawmakers decided to prioritize bills in just three areas: homelessness, wildfires and coronavirus. That any cannabis-oriented legislation made it through at all should be viewed as an accomplishment.
One law will make access to banking slightly easier for cannabis companies. Another will create an appellation program to ensure that labels including place names (like “Humboldt”) appear only on cannabis products made from plants grown in those…