The cannabis industry has united to send a strong message to Washington with respect to the health issue with tainted vaping products. The National Cannabis Industry Association (NCIA) has delivered a public letter to both House and Senate leaders.
The clamor continues to grow. The outbreak of respiratory illnesses (and deaths) in the United States was the result of a massive regulatory failure.
Black market products. Poorly regulated additives and manufacturing processes.
How do you address a public safety problem with a (popular) black market product? You legalize the product so that it can be properly regulated.
How do you address a public health issue arising from faulty regulation? Beef-up the regulatory framework.
It’s not rocket science. The Seed Investor reached this obvious conclusion when we first began to cover the health issue surrounding tainted vape pens. So why are we not hearing this from more of the U.S. political leaders, at both the federal and state level?
Instead, what we’re seeing/hearing from many politicians is “vaping bans”. Banning legal vape products goes in the opposite direction. It forces consumers to conduct their commerce in the unregulated black market.
Signees run the gamut in the cannabis industry, from publicly listed companies to cannabis information/advocacy businesses like Leafly.
Clear. Simple. Rational.
The ball is now in Washington’s court.
Published at Thu, 03 Oct 2019 17:00:02 +0000