On February 1, 2021, the Office of Administrative Law (OAL) approved and filed emergency regulations implementing the processes for cannabis businesses to authorize state cannabis licensing authorities to share licensee application and regulatory information with financial institutions pursuant to Business and Professions Code section 26260 as established by Assembly Bill 1525 (Jones-Sawyer, Chapter 270, Statutes of 2020). To view the approved text of regulations, please follow this link: https://bcc.ca.gov/law_regs/ab1525_approved_text.pdf.

 

The state cannabis licensing authorities have developed two forms to implement these regulations. The same forms are being used by all three state cannabis licensing authorities, streamlining the process for licensees and financial institutions:

 

The forms can also be found on the Bureau of Cannabis Control’s website athttps://bcc.ca.gov/clear/forms.html under the “General Licensing Forms” tab.

 

Completed forms can be sent via email to BCC@dca.ca.gov or by mail at the following address:

 

Bureau of Cannabis Control

P.O. Box 419106
Rancho Cordova, CA 95741-9106