Written by The Business Journal Staff
(AP) — California Gov. Jerry Brown this month recommended spending over $50 million in his proposed budget for marijuana regulation. It’s anticipated the funds will be repaid after taxes begin coming in. Here’s a breakdown of some of the proposals:
— Department of Consumer Affairs: $22.5 million, to develop regulations for the transportation, storage, distribution and sale of legal marijuana, along with licensing and enforcement.
— Department of Food and Agriculture: $23.4 million, to develop regulations for marijuana cultivation, including licenses for growers.
— Board of Equalization: $5.3 million, to notify businesses of new tax requirements and update systems to process taxes.