AB – 64 WOULD ALLOW MEDICAL CANNABIS LICENSEES TO OPERATE “FOR PROFIT” OR “NOT FOR PROFIT”.

AB-64 (Bonta) – Cannabis: medical and nonmedical: regulation and advertising.

This bill would specify that licensees under the Medical Control Regulation and Safety Act may operate for profit or not for profit. This bill would authorize collectives and cooperatives to operate for profit or not for profit. The bill would limit the protection for collectives and collaboratives operating for profit to those collectives and collaboratives that possess a valid seller’s permit from the State Board of Equalization and a valid local license, permit, or other authorization.

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