California Business and Professions Code

§ 26070.5

BPC § 26070.5 Effective Jan 1, 2024Div. 10 · Ch. 7

Statute text

(a)The Bureau of Cannabis Control shall, by January 1, 2020, investigate the feasibility of creating one or more classifications of nonprofit licenses under this section. The feasibility determination shall be made in consultation with the relevant licensing agencies and representatives of local jurisdictions which issue temporary licenses pursuant to subdivision (b). The Bureau of Cannabis Control shall consider factors, including, but not limited to, the following:

(1)Should nonprofit licensees be exempted from any or all state taxes, licensing fees, and regulatory provisions applicable to other licenses in this division?

(2)Should funding incentives be created to encourage others licensed under this division to provide professional services at reduced or no cost to nonprofit licensees?

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Legislative history

Amended by Stats. 2023, Ch. 478, Sec. 4. (AB 1756) Effective January 1, 2024. Note: This section was added on Nov. 8, 2016, by initiative Prop. 64.