A provision exists that allows certain smaller enterprises to be relieved of specific regulatory burdens under the Marijuana Opportunity Reinvestment and Expungement Act. This exception is designed to lessen the impact of federal cannabis regulations on fledgling businesses. An illustrative example would be a micro-cultivation facility being exempt from certain track-and-trace requirements, thereby reducing administrative costs.
The significance of this relief lies in its potential to foster competition and encourage entrepreneurship within the cannabis industry. By reducing compliance costs, the measure creates a more level playing field, allowing smaller operators to compete with larger, more established companies. Historically, regulatory burdens have often disproportionately affected smaller businesses, hindering their growth and innovation. This provision aims to mitigate that effect.
