Republican State Senator’s New Bill To Resolve Alabama’s Medical Marijuana Licensing Deadlock Viewed As ‘Another Delay’
State Senator Tim Melson (R) introduced a new medical marijuana bill to help resolve the ongoing license issuance problem.
Even though medical marijuana was legalized in 2021 and the Alabama Medical Cannabis Commission (AMCC) awarded a limited number of licenses, the market rollout was stalled due to the multiple lawsuits by unsuccessful applicants.
In February, state Senator Larry Stutts (R) called the state’s medical marijuana industry ‘corrupt or incompetent.’
Challenges facing marijuana markets and ideas on how to resolve them will be one of many crucial topics discussed by a slew of industry experts at the upcoming Benzinga Cannabis Capital Conference next week.
New Bill Highlights
Melson’s new bill, SB306, would require the Alabama Securities Commission (ASC) to set up a five-member review panel to determine if applicants meet “basic eligibility requirements for licensure,” writes 1819 News.
Only those businesses that have applied for integrated licenses …