SB 1318: Cannabis or cannabis products.

The Control, Regulate and Tax Adult Use of Marijuana Act of 2016 (AUMA), an initiative measure approved as Proposition 64 at the November 8, 2016, statewide general election, authorizes a person who obtains a state license under the AUMA to engage in commercial adult-use cannabis activity pursuant to that license and applicable local ordinances. The AUMA authorizes the Legislature to amend, by a majority vote, certain provisions of the act to implement specified substantive provisions, provided that the amendments are consistent with and further the purposes and intent of the act. The Medicinal and Adult-Use Cannabis Regulation and Safety Act (MAUCRSA), among other things, consolidates the licensure and regulation of commercial medicinal and adult-use cannabis activities.

The MAUCRSA prohibits a licensee from performing certain acts, including selling any cannabis or cannabis products at less than its cost for the purpose of injuring competitors, destroying competition, or misleading or deceiving purchasers or prospective purchasers.

This bill would make nonsubstantive changes to these provisions.