WSLCB Virtual Listen and Learn Forum Session #2: Rules Regarding Marijuana Vapor Products

WASHINGTON:  The Washington State Liquor and Cannabis Board (WSLCB) is hosting two Listen and Learn forums to consider establishing new and amending existing sections of rule concerning marijuana definitions and marijuana vapor products. This is the second of two planned sessions. The full text of the draft conceptual rules are provided here.

For this session, we are discussing only draft conceptual rule sections 314-55-550 to implement House Bill 2826 pertaining to marijuana vapor products, and the Marijuana Vapor Product Disclosure Form. The Disclosure Form is provided here.

Please join us virtually on Tuesday, September 29, 2020, from 2:00 p.m. until 4:00 p.m. via WebEx.

**Attendees wishing to provide feedback are encouraged to participate early in the meeting, as the meeting may end early dependent on level of participation.**

Background
On March 25, 2020, HB 2826 passed the legislature in response to concerns related to marijuana vapor product and vapor related lung illnesses. The bill contained an emergency clause, and in its intent section, found that “recent reports of lung illnesses associated with vapor products” demanded “serious attention by the state in the interest of protecting public health and preventing youth access.

HB 2826 provides that the Board may adopt rules prohibiting any type of marijuana vapor product device, or prohibit the use of any type of additive, solvent, ingredient, or compound in the production and processing of marijuana products, including marijuana vapor products. However, before adopting either of these types of rules, the Board must have determined, following a consultation with the Department of Health (DOH), or any other authority the Board deems appropriate, the device, additive, solvent, ingredient, or compound may pose a risk to public health or youth access.

HB 2826 authorizes the Board to require marijuana processors to submit, under oath, to the Department of Health, a complete list of all constituent substances and the amount and sources of all constituent substances in each marijuana vapor product. HB 2826 also provides that Board may adopt rules prohibiting the use of a characterizing flavor in marijuana vapor products.

Rules are needed to implement the provisions of HB 2826, and to establish definitions for terms including, but not limited to “characterizing flavor,” botanical terpenes,” and others.

The Pre-proposal Statement of Inquiry filed by the Liquor and Cannabis Board may be found here.

Meeting Details
An agenda is attached. Please come prepared to offer feedback and suggestions regarding this rule section.

If you wish to participate virtually, we’d like to offer the following reminders:

  • Virtual participation will be structured to allow one speaker at a time through a hand-raising feature on WebEx.
  • If you experience difficulty with audio or visual elements of virtual participation, please be patient.

Please remember that we are still in the developmental phase of rulemaking, and there are not yet any proposed or final rules amendments. To help you prepare for this listen/learn/contribute forum, please review the guidance document prepared for this and future forums.

Questions? Contact Casey Schaufler at casey.schaufler@lcb.wa.gov

To join the WebEx meeting online:
https://watech.webex.com/watech/j.php?MTID=m208eaad1ec16f31cfccdf6970963e1cb


To join the WebEx meeting via audio conference only:
Dial: (415) 655-0001
Access Code: 372 115 47

NutraRisk Expands Cannabis Program For Recreational And Medicinal Operations

CALIFORNIA: NutraRisk, a division of Worldwide Facilities, announces that it is expanding its offering to include an exclusive cannabis program, providing General and Product Liability for medicinal and recreational operations.

NutraRisk can also place risks, in the eight states where recreational cannabis is legal, in another new and expanded Recreational Cannabis Program. In addition to these new General Liability Products, they can now provide a Crime option for the cannabis industry as well.

These programs represent some of the most tailored insurance coverage available for cannabis, CBD and hemp manufacture and sale.

“These insurance products are not yet mainstream, and the regulatory landscape is challenging. The cannabis industry at large faces significant challenges in finding comprehensive coverage,” says Morgan Moore, Life Science Practice Leader at NutraRisk.  “Many carriers hesitate to write these exposures and those that do often have very restrictive exclusions.”

NutraRisk has partnered with a few carriers that have decided that now is the time to enter into this sector and provide coverage for the various types of exposures. Coverage options include General and Product Liability up to $2 million, as well as Excess Liability up to $5 million. The approved classifications include (but are not limited to): cultivation – indoor, greenhouse, and outdoor operations, dispensaries / retail shops, growers, laboratories, transporters, recreational and medicinal marijuana.

“There are huge opportunities for retail insurance agents to increase their presence in this untapped and growing market,” Moore adds. “NutraRisk continues to partner with the innovative insurance carriers who are willing to explore cannabis coverages. Our Cannabis team consists of Casualty, Property and Financial Service Brokers who specialize in this space and have proprietary coverages available that are inclusive of the risks involved.”

“The cannabis industry represents the most tangible Crime risk in the history of insurance,” says Brian Savitch, Financial Services Specialist at NutraRisk. “With no banking solution in sight, this will remain a cash business. Unfortunately, most businesses have no idea that their cash on hand is insurable or that this type of insurance even exists.” Savitch adds, “Fortunately, we’ve partnered with a carrier, that is committed to cannabis, to offer a proprietary Crime product that will help bring peace of mind to cannabis business owners.”

Brian Savitch has an extensive background in D&O, E&O and Cyber. Over the past two years he has focused that expertise on the cannabis industry. Expect these ancillary lines to come to the forefront as sophisticated investors push insureds to properly round out their corporate insurance portfolios.

 

 

Eastern Washington Gets Down To CannaBiz

By Morgan, MJ Headline News

Over 100 people filled the Bing Crosby Theater in Spokane, Washington last night for the first CannaBiz panel discussion.

The host and moderator, Inlander’s Ted McGregor, Jr., posed questions to three experts from Washington and California – Hilary Bricken, Canna Law Group, an attorney known for specializing in the legal issues surrounding marijuana; Matt Cohen, a well-known advocate in the medical marijuana movement who had his farm in California raided by the feds in 2011 and has since consulted with the Washington State Liquor Control Board on I-502 production issues; and Randy Simmons, deputy director of the Washington State Liquor Control Board (WSLCB), who has been leading research teams to help the state set up and operate its new legal marijuana market.

The panels answered a wide range of questions regarding banking; the differences in business regulations between Colorado and Washington; profiling by law enforcement officers along the Idaho border; and lingering concerns about the black market. A few audience members posed questions about medical marijuana and the WSLCB’s involvement, as well as concerns regarding THC driving limits for mmj patients, and the viability of home grow limitations.

MJ Headline News was there to capture the highlights:
[youtube http://www.youtube.com/watch?v=IBkQgRMNPKE&w=560&h=315]