Understanding Proposition 64
In November 2016, Californians voted “yes” on Proposition 64, an initiative to legalize recreational marijuana use for adults ages 21 and older. Once it goes into effect in January 2018, Californians will be legally allowed to buy, grow, possess, and transport marijuana for recreational and personal purposes. This measure also imposes taxes on medical and nonmedical marijuana, including retail, state, local, and excise taxes. Marijuana use will also be restricted to private residences and places where smoking is not prohibited, or business locations that are licensed to allow on-site ingestion of cannabis products. The marijuana industry will also be regulated by a number of state and local agencies to monitor its impact on public health, the environment, etc.
What Happens When Proposition 64 Goes into Effect?
It would seem that all the rules are in place for Californians to begin lawfully using marijuana as soon as Proposition 64 goes into effect in 2018. However, don’t expect to be able to walk into a cannabis shop and buy marijuana for recreational or personal use right away. California’s state government will not be issuing cannabis business licenses until January 1, 2018, which means the prevalence and accessibility of legal marijuana will not happen right away but will grow over time.
As of October 2017, no county or major city in California is anywhere near on-track to begin legal marijuana sales in January 2018. Because recreational marijuana businesses will require a local license to operate, cannabis shops won’t be popping up any time soon. In fact, it could be years before you are able to purchase legal weed in any city or county in California.
Starting a Cannabis Business in California
If you’re looking to jump into the marijuana business in California, you’ll need to get your ducks in a row as soon as possible. While an official start date will depend largely on state and local government, you can still begin putting together a business plan and a comprehensive setup for your cannabis business right now. Let a cannabis law attorney at Purdy & Bailey, LLP be your advocate and your legal counsel throughout the process.
Call us today at (858) 360-7080 or send us your information to get the conversation started.