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Friday, 3 May 2019

Cannabis and Alaska

At least 35 US states have legalized cannabis for medical use so far. The federal US government however continues to keep cannabis in the Schedule 1 list of banned substances saying that it has no medicinal value. The list of US states that have legalized adult recreational cannabis is available here. All these states have legalized cannabis for adult recreational use, aimed specifically at improving public health, ensuring equity reducing crime, decreasing the black market, improving law enforcement, reforming criminal justice, improving the economy, agriculture and industry, to name just a few reasons.

Alaska has been looking to fine tune its legal cannabis rules so that it is optimal. It has been studying how the legalized market works and what needs to be changed and what needs to be kept the same. Some of the findings are how the demand for the herb are season dependent with peak demand in summer when tourists are around and a significant drop in demand when winter comes with probably only local consumption taking place. Alaska has also been looking at approaches to open cannabis consumption lounges, mostly places attached to retail outlets where customers can consume their cannabis post purchase. Alaska has also been focusing on channelizing taxes from cannabis revenue into school education like California.

Listed below are articles taken from various media related to the above subject. Words in italics are the thoughts of your truly at the time of reading the article.   


'So-called mature bud would be taxed at $50 an ounce, while immature or abnormal buds would be taxed at $25 an ounce. The tax rate for the rest of the plant would be unchanged.'
https://www.adn.com/alaska-marijuana/2018/10/09/alaska-plans-changes-to-how-it-taxes-marijuana/


'According to the proposal, dispensaries could sell “marijuana bud or flower in quantities not to exceed one gram to any one person per day” and “edible marijuana products in quantities not to exceed 10 mg of THC to any one person per day” to customers to consume on the premises.'
https://www.marijuanamoment.net/alaska-could-be-the-first-state-to-legalize-and-license-marijuana-lounges/


'“This is something that’s not happening anywhere else in the U.S. yet,” Cary Carrigan, executive director of the Alaska Marijuana Industry Association, told the Associated Press. “As we start to develop this, people are really looking at us, so I know that everybody wants to get it right.”

Under the new rules, consumption area would have to be physically separated from retail spaces, either by a wall and a “secure door” or an outdoor patio. Businesses would have to provide security plans and adequate ventilation.'
https://www.marijuanamoment.net/alaska-is-officially-the-first-state-to-legalize-on-site-marijuana-consumption/


'Alaska and California are linking revenue from legalized marijuana sales to after-school and out-of-school programming, according to the report, which recommended Massachusetts follow suit and "specifically funnel the revenue to programs that focus on promoting social and emotional competencies and learning."'
http://www.wbur.org/edify/2018/10/23/marijuana-could-fund-afterschool-programs


'“The cyclical nature of the retail industry here creates a boom-and-bust system for Alaska,” he said. “It’s super good – really hot in the summertime – but it slows down quite a bit in the wintertime when the tourists aren’t here.”'
https://mjbizdaily.com/chart-alaskas-recreational-cannabis-market-strong-but-seasonal-sales-swings-a-challenge-for-mj-businesses/


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