Zinger Key Points
- The medical marijuana pilot scheduled to be voted on in the Senate was tabled until 2025.
- Get the Strategy to Trade Pre-Fed Setups and Post-Fed Swings—Live With Chris Capre on Wednesday, June 11.
Already deemed restrictive by advocates, the proposed medical marijuana pilot program slated for discussion in the Kansas Senate Federal and State Affairs Committee was shelved. This decision left Kansas residents who might benefit from medical cannabis without hope for legal access to treatment, reported Marijuana Moment.
Despite several efforts, discussion of the bill has been postponed and won't be revisited until January 13, 2025.
During the hearing, supporters of the bill presented extensive and somewhat defensive arguments covering the security measures for the program, the treatment and handling of the products, and even the profiles of drivers tasked with the logistics. A poignant appeal came from retired Marine Lieutenant Michael Snyder, who advocated for veterans like himself who could potentially benefit from cannabis treatments for chronic conditions resulting from their service. Efforts were also made by Sam Jones, COO of Kansas Natural Remedies, along with other advocates who worked on drafting a bill that aimed to alleviate conservative concerns.
Outline Of The Bill
The bill in question was structured to establish the Kansas Secretary of Health and Environment as the overseeing authority of the pilot program for cultivating, processing, and distributing medical cannabis and related products within the state. It outlined stringent regulations, including the prohibition of home cultivation, a minimum age of 21 for patients, a 35 percent THC cap on all products, and a proposed 20 percent tax on revenue. Additionally, it limited the number of authorized vertically integrated cannabis operators to just four across the state.
- Massive Demand & Disruptive Potential – Boxabl has received interest for over 190,000 homes, positioning itself as a major disruptor in the housing market.
- Revolutionary Manufacturing Approach – Inspired by Henry Ford’s assembly line, Boxabl’s foldable tiny homes are designed for high-efficiency production, making homeownership more accessible.
- Affordable Investment Opportunity – With homes priced at $60,000, Boxabl is raising $1 billion to scale production, offering investors a chance to own a stake in its growth.
However, despite numerous restrictions and specifications that only patients diagnosed with one of 16 predetermined conditions could participate, critics argued that the bill's ultimate coverage was overly broad. They contended that under the proposed guidelines, virtually any person in Kansas could qualify for a medical marijuana card if desired.
The final decision won't come till next year. After nearly two hours of deliberation, the committee decided to postpone the decision till next year. The hope for a more inclusive yet controlled framework for this restricted pilot program has thus been deferred, leaving several medical cannabis users in the State unprotected.
© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Cannabis is evolving—don’t get left behind!
Curious about what’s next for the industry and how to stay ahead in today’s competitive market?
Join top executives, investors, and industry leaders at the Benzinga Cannabis Capital Conference in Chicago on June 9-10. Dive deep into market-shaping strategies, investment trends, and brand-building insights that will define the future of cannabis.
Secure your spot now before prices go up—this is where the biggest deals and connections happen!