Considering that the Liquor Control Board (LCB) is still working to establish regulations for the implementation of I-1183, the initiative that privatized and deregulated the sale of spirits/hard alcohol in the state, Initiative 502 has a tall order in store for them if it is approved next month. At least there was an already established alcohol industry for the LCB to build upon. I-502 will create a whole new industry that has never been established anywhere before.
Initiative 502 states that by December 1, 2013 the LCB will have to establish a regulatory system that includes, but is not limited to :
• Licensing growers, manufacturers, and retailers.
• Determining retail outlet density.
• How much marijuana a business can keep on premises.
• Security and safety requirements.
• “The provision of adequate access to licensed sources of marijuana . . . to discourage purchases from the illegal market.”
• “Economies of scale and their impact on a licensees’ ability to both comply with regulatory requirements and undercut illegal market prices.”
• What marijuana containers should look like and include on the label.
• Establish “classes” of marijuana and marijuana-infused products.
• Advertising restrictions.
• The time and method for the transport and delivery of marijuana within the state.
• Accreditation for labs to determine if marijuana businesses are following standards.
• Procedures for eliminating marijuana not up to standards.