Article: Cannabis Ads May Find A Backdoor Onto Radio Via Limits By Congress On FCC Spending.

Article: Cannabis Ads May Find A Backdoor Onto Radio Via Limits By Congress On FCC Spending.
CANNANNEW REPORT

Inside Radio write Broadcasters have struggled with the dilemma of whether to accept advertising from the growing cannabis industry as laws changed state by state. Most companies have opted to reject such buys faced with the potential risk to their license as federal law continues to put marijuana in the same class of illegal drugs as heroin. But a rider tucked deep inside the proposed federal budget advancing in the House may change that. If passed, it would open the door to cannabis ads on radio and television. House Democrats are not proposing that federal drug laws be relaxed. Instead, they would use the budgeting process to change how they are enforced. The draft budget bill for the 2023 fiscal year would prevent the Federal Communications Commission from using any money to deny a license renewal or a station sale application as punishment for airing advertising for cannabis or cannabis-derived products. The bill would also prohibit the FCC from requiring an early license renewal application be filed by a station for taking those ads. And the FCC would be prohibited from issuing fines. The only caveat for a broadcaster to open its airwaves to such ads would be that cannabis products would need to be legal in the state, county or lands controlled by Native Tribes in which the station’s community of license is located. But even in places where local laws have not been changed, the FCC would not be able to go after a station if it takes ads from a business selling hemp, hemp-derived CBD products, or other hemp-derived cannabinoid products. The proposal is included in the Financial Services and General Government portion of the hulking federal budget outline for the fiscal year beginning Oct. 1. The bill passed its first hurdle when it was voted out…

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Source : Article: Cannabis Ads May Find A Backdoor Onto Radio Via Limits By Congress On FCC Spending.

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