CONNECTICUT: Start-up companies looking to get in on the state’s new medical marijuana industry are anxiously awaiting a decision by a special legislative committee.
That committee will decide on Tuesday whether to approve proposed regulations put forward by the Department of Consumer Protection.
There are about two dozen companies looking to open growing operations in the state. They can’t do anything until they get one of a handful of state-issued licenses.
“I really hope that they do approve these regulations,” Erik Williams, the COO of Bitlin Advanced Propagation of New Britain, said.
The new company could employ 150 people but a lot needs to go into the new facility in New Britain including an advanced security system.
“Our facilities are going to be more secure than a casino,” Williams said.
Williams hopes to gain a state license to grow pot for medical use.
On Tuesday the state legislature’s regulation review committee must decide whether to approve proposed medical marijuana regulations. Those regulations include everything from background checks for caregivers to the quantity of active ingredients in a product.
“They’re one of the most thorough, if not the most thorough set of regulations, proven to be a model across the country,” Williams said.
It’s still unclear how the committee will rule although legislative attorneys are now recommending that lawmakers approve the regulations.