CALIFORNIA For many medical patients and “canna professionals,” California has led the cannabis reform movement in the United States, starting with being the first state to legalize medical cannabis in 1996. While a handful of states beat California to the polls for adult recreational use in 2012 and 2014, “the world’s sixth-largest economy” paved the way (led in part by a strong cannabis culture) to ending prohibition by placing the Prop 19 legalization measure on the ballot in 2010. With California passing Amendment 64 in 2016 and finally issuing permanent rules to govern its burgeoning industry, this economic powerhouse is again poised to help lead the cannabis community into the future. Now, as the state continues to advance its legal cannabis market, lawmakers and industry leaders are working in concert. Although tax revenues fell short of initial predictions, legislation that is more progressive is making its way into law. Expect to see the Golden State explode as a nationwide, if not global, frontrunner in all things cannabis . International Cannabis Business Conference The ICBC is a global organization that brings together top government regulators, cannabis industry leaders, and prominent cannabis activists to discuss permits, business models, and institutional opportunities arising from newly enacted laws and changing social attitudes. ICBC conferences have been held in Berlin, Vancouver, Hawaii, and Barcelona.
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COMMENTS AND OBSERVATIONS FROM THE INTERNATIONAL CANNABIS BUSINESS CONFERENCE San Francisco February 7-8, 2019
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