The future of the US cannabis industry is NOT fifty self-contained production silos, and every day that this industry spends preparing for an artificially segmented market brings misalllocation of capital, a failure of patient and consumer access, environmental and economic unsustainability and disincentive for both producers and consumers to enter the regulated market.
In 2019, Oregon passed legislation allowing its entry into interstate agreements for commerce in cannabis. The law's federal "trigger" provides two distinct paths to commerce, either via federal statute or Department of Justice memo or policy statement. On the heels of the Oregon law's passage, the The State Cannabis Commerce Act has been introduced in both the US House and Senate, forbidding federal agencies from interfering in state industries, specifically protecting commerce under interstate agreement.
This pannel will consider the political dynamics involved in authorizing interstate trade, as well as the substantive policy issues that may be discussed as part of an interstate framework. Join us to deep dive into this transformational issue, as we discuss the future of interstate commerce in California and in cannabis-legal states across the country.