Cannabis reform is one of the most debated topics in recent years, and it’s not surprising given the various stakeholders involved. The new legal industry created by the cannabis reform bill affects everyone from growers to medical dispensaries, medical users, and black market buyers and sellers. In this article, we’ll explore the impact of the cannabis reform bill and what it means for the industry.
New Opportunities for Growers
The cannabis reform bill opens up new opportunities for growers. The bill allows for the creation of a legal cannabis industry, which means that growers can now cultivate, process and distribute cannabis products legally. This is a significant change for growers who have been operating in the shadows for years.
Medical Users
Medical users also benefit from the cannabis reform bill. The bill allows for the production and distribution of medical cannabis products. This means that medical users can now access cannabis products that are regulated and safe. The bill also addresses the issue of THC limits, which has been a concern for medical users. However, there is a caveat – the THC limit could eliminate and criminalize all full spectrum CBD products, which could be problematic for users who rely on these products.
New Fees for Medical Dispensaries
The cannabis reform bill brings about new fees for medical dispensaries, which could increase the cost of medical cannabis for users. The increased fees are meant to even the playing field for new dispensaries that will enter the market much later. However, some medical dispensary owners believe that these fees will increase their prices and make their products more expensive than the illegal market.
Opportunities for Black Market Sellers
The cannabis reform bill also presents an opportunity for black market buyers and sellers. With the legalization of cannabis, the demand for cannabis products is likely to increase. This means that black market sellers can now operate legally, which could increase their profits.
Debate Remains
Despite the passage of the cannabis reform bill, plenty of debate remains. There are concerns about the impact of the THC limit on medical users, the cost of medical cannabis for users, and the increase in fees for medical dispensaries. The bill is one of the largest bills in this legislative session, and lawmakers are still working to address some of these concerns.
