California officials are making additional reforms to help the state’s marijuana businesses take advantage of federal tax and other benefits under Trump administration’s rescheduling move.
Specifically, the Department of Cannabis Control (DCC) on Monday proposed emergency regulations to let businesses with current licenses covering both medical and recreational marijuana secure a secondary license through a streamlined process to separate out the segments of their operations in light of the fact that the federal scheduling change currently only covers medical cannabis.
Under DCC’s proposal, marijuana businesses would be able to “create a second, related entity and hold two distinct licenses (one adult-use and one medicinal) at the same premises” under the expedited regulations.
“DCC is working on making this pathway available due to the timing and uncertainty of the federal process,” the department said. “Additional operational components—such as track and trace requirements, local authorization, tax collection, and other implementation matters—are still being evaluated and will be addressed through future guidance or rulemaking as needed.”
The proposed rules come weeks after the Justice Department finalized a process moving medical cannabis from Schedule I to Schedule III of the Controlled Substances Act (CSA). One of the more consequential policy impacts of that reform
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