EVIO Inc (EVIO)

[Magnum7419]

As I stated it was speculation, .....but I stand by my position that unfunded mandates for Marijuana regulations will curtail state revenue and those that can change the laws will do so.........

"(5) The California Constitution requires the state to reimburse local agencies and school districts for certain costs mandated by the state. Statutory provisions establish procedures for making that reimbursement.
This bill would provide that, if the Commission on State Mandates determines that the bill contains costs mandated by the state, reimbursement for those costs shall be made pursuant to these statutory provisions."

https://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=201520160AB266

SEC. 3. No reimbursement is required by this act pursuant to
Section 6 of Article XIII B of the California Constitution for
certain costs that may be incurred by a local agency or school
district because in that regard this act creates a new crime or
infraction, eliminates a crime or infraction, or changes the penalty
for a crime or infraction, within the meaning of Section 17556 of the
Government Code, or changes the definition of a crime within the
meaning of Section 6 of Article XIII B of the California
Constitution.
In addition, no reimbursement is required by this act pursuant to
Section 6 of Article XIII B of the California Constitution for other
costs mandated by the state because this act includes additional
revenue that is specifically intended to fund the costs of the state
mandate in an amount sufficient to fund the cost of the state
mandate, within the meaning of Section 17556 of the Government Code.