Alcohol Titans WSWA Shape Cannabis Future Regulations
The U.S. Congress, amid deliberations over crafting a framework for the nation's budding cannabis industry, has found an unexpected advisor in the Wine & Spirits Wholesalers of America (WSWA). Drawing parallels from America's transition from Prohibition to legal alcohol, the WSWA's recent letter to congressional committees emphasizes the potential for a safe, consumer-driven, and economically prosperous marketplace for cannabis. The association, having shown its support for federal marijuana legalization earlier this year, underscores the successes post the 21st Amendment as a potential blueprint for the road ahead. Let's take a look at how the WSWA plan to shape the future of cannabis regulations.
The WSWA isn't merely advocating for a seamless shift from prohibition. They recommend the creation of a distinct regulation category for intoxicating cannabinoids like delta-8 THC, proposing that the Alcohol and Tobacco Tax and Trade Bureau (TTB) be its chief overseer. This isn't the first time the association has shown faith in the TTB; they've previously suggested its role in supervising the entire marijuana industry should federal legalization come into effect. While the association openly admits its expertise doesn't cover all realms, notably the safety and toxicity aspects of cannabinoids, they believe their experience in alcohol regulation can significantly inform certain areas of the cannabis debate.
However, WSWA's active involvement has received mixed reactions. On one hand, their advocacy for CBD's inclusion in consumable products like foods and beverages and their push for marijuana legalization indicates a progressive approach. On the other, concerns loom about the potential dominance of large alcohol enterprises in the cannabis industry, which could threaten smaller businesses and the unique state markets that have flourished so far. As America stands on the cusp of potential marijuana legalization, the influence of established industries and their lessons from history could play a pivotal role in shaping the future.