1st, 2019. So a grandfathered mcd, as defined in section 190 of the planning code, that receives a permit to operate as an mcd before january 1st, 2019, so in the 2018 window shall be deemed a temporary cannabis sales use, and upon expiration of the temporary cannabis sales use authorization, the land use authorization for the parcel will revert to the original authorization to operate as an mcd unless the establishment has received a permit authorization to operate az a Retail Cannabis use. This would also need to result in an amendment to 205. 2 in the planning code. It would just add a subsection to that sub of the code stating that a temporary permit for cannabis use would last for one year and would expire on january 1st, 2019. The amendment would also provide for a process for these grandfathered mcds to obtain a Permanent Land use authorization to become Cannabis Retail uses, and that would be to section 190 of the planning code, subsection c, which would state in order for a gr
Can you tell us what section youre referring to. Supervisor kim so this is the section 1609, the section that supervisor safai had just asked a question about, so under 1609, this is b21c, it says describe how the applicant will work to encourage applicants who have received cannabis permits, and otherwise further the citys equity goals, which i also agree with. Am i misreading the first part . It seems to me that all applicants will have to talk about how theyre going to encourage and support equity applicants who have been awarded business permits. It should read equity applicants, not permit operators. Supervisor kim so to take out who have been awarded cannabis business permits . Supervisors, one opportunity to address that concern, maybe to say, instead of who have been awarded, to instead say, who are seeking . Jap ja supervisor kim i think the goal is who help those get into the business, but i wouldnt want to force people to help their competitors. Okay. So excuse me . Is that
They have 90 days to apply, and if they dont get it in a kbrae year, they revert back to mcds. President breed and i think it reverts back to i didnt want any amendment without a public process, so i know we need to do this so it relates to mcds and as it concerns land use, but the ability to do this after this legislation has passed is what im most concerned about. I would like a moment to review this particular legislation and make sure that i completely understand where youre coming from. I believe i do, but incident is we just received it, and we know in some regard that we have to do it because i know, i discussed it with our attorney, jon givner yesterday, and supervisor kim and i had a discussion about this in particular, and wanting to make sure that this is included, and so we know that its necessary. I think how its done is of question to me at this time. Supervisor kim. Supervisor kim okay. So i did ask a number of questions of mr. Givner yesterday, and i apologize. I think
Numbers. Bitcoin tumbles after one of the biggest cryptocurrency markets thinks about banning trading. I get in enough trouble talking about things i know about. Why should i talk about things i know nothing about. And the uae oil minister tells cnbc that opec measures are bearing fruit. Opec is committed to what they have decided when we meet in november, which to continue this deal for a full year. The market is balancing. This is what we have been saying good morning were about one hour into the trading session. Its thursday. As you can see, the picture bemib behind me is not looking that positive the split between red and green for europe for the first day in six days, u. S. Equities came off their highs. The opening picture for europe is pointing to slightly weaker start to the day just below that flat line. Lets get into some of the individual markets uk has a very big earnings day as far as retailers. Tesco came out, house of frazier. Whale get into tho well get into those stori
White house communication director hope hicks, hearing on capitol hill taking questions from the House Intelligence Committee as part of their investigation into russias meddling or perceived meddling. Here is the thing, everyone. This investigation has not come up with any hard evidence of any collusion of the Trump Campaign working with the russians. So is the president right, when he says this is nothing but one big, giant witchhunt . We are on it. But first, lets go back to the top story. Fed chair Jerome Powell, in his first testimony there as fed chair on capitol hill, is indicating some good things ahead. Those tax cuts are working. Maybe wages go up. Maybe that means the fed has to be more aggressive. Our own adam shapiro is following it right now. He has the latest. Hey, adam. Reporter trish, he talked about the economy. He talked about wages, expecting wages to accelerate. It is really about jobs. He pointed out in the opening testimony, in 2009, 15 unemployment for people wi