Lawmakers who have been negotiating a plan to regulate medical marijuana in California said late Thursday that they have reached an agreement on legislation to be acted on by Friday's deadline.
The proposal would create a new state office that, along with cities, would issue licenses for medical cannabis dispensaries. Marijuana growers also would face regulations enforced by the state. Assemblyman Jim Wood (D-Healdsburg) said the compromise drops a proposed excise tax that would have brought in $60 million for policing and environmental protection.
“This package is the end product of countless hours meeting with stakeholders and extensive negotiations with the governor’s office,” Wood said.