Americans for Protected Access urges California Governor Gavin Newsom to sign SB 34, Cannabis: Donations, which passed in the California state legislature on September 11, 2019. SB 34 would exempt health-related cannabis from California state taxes. Governor Newsom has till October 13, 2019 to sign or veto the bill.
When California became the 1st state in the nation to create a health-related cannabis system in 1996, it was centered about compassion and access to medicine, not commercialization. Due to the fact the passage of the Manage, Regulate and Tax Adult Use of Marijuana Act (AUMA), nonprofit health-related operators have suffered the unintended consequence of getting faced with a tremendous tax burden primarily based on the quantity of cannabis they distribute, even if it was provided away for no cost. Due to AUMA, nonprofit providers face taxes of up to $1,00 per pound for the cannabis they distribute no cost of charge, even if they do not have an operating spending budget and are volunteer-run organizations. Several health-related cannabis storefronts closed as a outcome, causing a dearth of cost-effective cannabis goods for sufferers.
SB 34 would rectify this challenge by enabling sufferers with restricted sources to obtain donated health-related cannabis and by exempting that donated cannabis from specific state taxes, which includes the steep excise tax.
“SB 34 would support numerous people who are struggling with each debilitating circumstances and the affordability of the cannabis they will need to treat these circumstances,” said Americans for Protected Access’ Regulatory Affairs Coordinator Sean Khalepari. “We get in touch with on Governor Newsom to sign this bill into law without the need of delay to alleviate their suffering.”
According to a survey performed by Americans for Protected Access, 88% of respondents indicated that the affordability of medicine was the largest challenge they face.
Supply: Americans for Protected Access