|Legislative Update-While we have some interim work to to on the commission and homegrow, our other supported legislation is still moving through the legislative process.
SB5004 has had one wild ride already. The bill has had a second reading in Rules and next step is a floor vote. Then we get to start over again in the House of Representatives where we expect a warm reception.
SB5004 started with a fiscal note of $7 million, which would have effectively killed the bill. However, the legislative team and committee went to work! Lara Kaminsky, The Cannabis Alliance Government Affairs Liaison, lead the governor’s office, the LCB, and our Legislative Committee in a thorough investigation into the numbers. A third fiscal note and an email from LCB saying, “you were right” later, the budgetary impact is now around $7,000. You read that right. We dropped three zeros! Special thanks to Danielle Rosellison and John Kingsburry for your critical work crunching numbers!
HB1105 is also in the Rules Committee over on the house side and it is also on a third reading. Our legislative team has pivoted to lend additional support to the passage of this bill and we look forward seeing it move over to the Senate.
HB1210 is also in Rules, but marked for review. The deadline for bills to leave the house of origin is March 22nd.
HB1463, limiting the potency of concentrates and increasing the age of purchase, died in the House Commerce and Gaming Committee. While there is relief for this year, next year it will be the main event. The Cannabis Alliance is already working on a variety of avenues for engaging with the prevention community to work to seek a collaborative solution rather than a legislative battle. I want to thank Legislative Committee members Yoko Miyashita, CEO of Leafly and Lauren Fogleman, Government Affairs for PAX for collaborating on an excellent piece of testimony. you can watch it here (Bill testimony starts at 0:38:30 and The Cannabis Alliance testimony starts at 01:08:30) or read it here.
Just below are our interactive Lobby Days Handouts.