Rumblings in CA legislature over marijuana licensing delay

Many industry observers have doubted the capability of the California state government to meet the January deadline for having a cannabis business licensing system up and running, and now a state senator has broached the topic as well. Sen. Holly Mitchell, a Los Angeles Democrat, suggested the state delay licensing specifically for recreational marijuana businesses in order to first resolve the issue of how registered companies will be able to pay their taxes and fees without any guarantee of banking services. “Does the legislature have the authority to delay implementation of either the tax collection or the Jan. ... Rumblings in CA legislature over marijuana licensing delay is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs