AB 2540

  • California Assembly Bill
  • 2023-2024 Regular Session
  • Introduced in Assembly
  • Assembly
  • Senate
  • Governor

Cannabis: license transfers.

Bill Subjects

Cannabis License Transfers

Abstract

Existing law, the Control, Regulate and Tax Adult Use of Marijuana Act (AUMA) , an initiative measure, authorizes a person who obtains a state license under AUMA to engage in commercial adult-use cannabis activity pursuant to that license and applicable local ordinances. AUMA authorizes legislative amendment of its provisions with a 23 vote of both houses, without submission to the voters, to further its purposes and intent, except as provided. Existing law, 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, and requires the Department of Cannabis Control to administer its provisions. MAUCRSA grants to the department the sole authority to create, issue, deny, renew, discipline, condition, suspend, or revoke licenses for commercial cannabis activity. This bill would also grant to the department the sole authority to transfer, assign, or reassign those licenses. The bill would declare that its provisions further the purpose and intent of AUMA.

Bill Sponsors (1)

Votes


Actions


May 16, 2024

Assembly

In committee: Held under submission.

Apr 24, 2024

Assembly

In committee: Set, first hearing. Referred to APPR. suspense file.

  • Referral-Committee
APPR. suspense file. APPR

Apr 02, 2024

Assembly

From committee: Do pass and re-refer to Com. on APPR. with recommendation: To Consent Calendar. (Ayes 18. Noes 0.) (April 2). Re-referred to Com. on APPR.

  • Committee-Passage
  • Committee-Passage-Favorable
  • Referral-Committee
Com. on APPR.

Mar 04, 2024

Assembly

Referred to Com. on B. & P.

  • Referral-Committee
Com. on B. & P.

Feb 14, 2024

Assembly

From printer. May be heard in committee March 15.

Feb 13, 2024

Assembly

Read first time. To print.

Bill Text

Bill Text Versions Format
AB2540 HTML
02/13/24 - Introduced PDF

Related Documents

Document Format
03/28/24- Assembly Business and Professions PDF
04/22/24- Assembly Appropriations PDF

Sources

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