The proposed bill establishes the Adult Use Cannabis Regulation Act, which creates a comprehensive framework for the licensure and regulation of cannabis-related activities, including cultivation, manufacturing, transportation, possession, and sale. It introduces definitions for key terms such as "cannabis business" and "cannabis retailer," and outlines penalties for violations. The act also establishes a cannabis business regulation fund and imposes a 15% tax on cannabis sales, with guidelines for revenue distribution. Additionally, the bill amends existing statutes and repeals certain sections, clarifying that cannabis use is not permitted on federal land and allowing property owners to prohibit cannabis activities on their premises.

The legislation grants the director of cannabis regulation the authority to issue, suspend, and revoke licenses, conduct investigations, and enforce compliance with the act. It mandates the creation of an electronic database for tracking cannabis from cultivation to sale and requires independent testing of cannabis products. The bill also includes provisions for cannabis delivery permits, operational requirements for cannabis businesses, and penalties for violations. Furthermore, it establishes a Cannabis Advisory Committee to provide recommendations for implementation and enforcement, with the act set to expire on July 1, 2035, unless renewed. Overall, the bill aims to create a regulated environment for cannabis while ensuring public safety and compliance with health regulations.

Statutes affected:
As introduced: 21-5703, 21-5705, 21-5706, 21-5707, 21-5709, 21-5710, 79-5201, 79-5210, 21-5705a