 With the cannabis industry generating billions of dollars across the majority of states, the likelihood of cannabis advertising is growing.
In the past, the FCC Commissioner have said that they don’t believe current rules allow stations to accept money from cannabis businesses, even in locations where it is state legal. With this in mind, most stations have chosen to not accept any type of cannabis related advertising. A group of twenty different state’s broadcast associations have created a group called the Safe Advertising Coalition. The group has spent $170,000 on lobbying Washington to bring fairness and equality to cannabis advertising laws. And now, a proposed federal budget bill for the 2023 fiscal year may do just that. The new budget includes terms that would prevent the Federal Communications Commission from using their federal funding to fine or in any way punishing a station for airing cannabis related advertisements in locations where it is legal. Also, advertising for Hemp and hemp derived products, such as CBD, would also be exempt from fines and punishment. The proposal is now waiting for consideration by the House Appropriations Committee before going for a House vote. Comments are closed.
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