Posts tagged Regulations
Thousands of cannabis licenses are set to expire in California. 'Some of them won’t be able to survive.'

“The clock is ticking for thousands of legal cannabis licenses set to expire over the coming months.

More than 10,000 licenses are due to lapse over the next six months, according to a Desert Sun analysis of state licensing data downloaded March 14. The anticipated expirations complicate the efforts of legal cannabis companies to follow the letter of state law, which requires all businesses touching the marijuana plant to have a valid license. Without a license, operators face a choice to either close their doors or slip into the black market.”

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Summary of Major Changes of the Recently Amended Article 4 of Chapter X City of Los Angeles Ordinance

The most significant updates to Article 4 include a revised definition of “Undue Concentration” to increase the number of the number of cannabis businesses and define ownership concentration.  In addition, a tiered system of “Social Equity Applicants” was permitted to allow for economically disadvantaged persons to apply for cannabis licenses.

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Chart of the Week: California Marijuana Business Licenses Expiring at a Rapid Clip

The problem: Thousands of temporary business licenses – under which most of the legal MJ supply chain has operated since the start of 2018 – will likely expire well before the state finishes processing annual or provisional licenses to replace the temporary permits.

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CAP Secures Two Major Cannabis Licensing Wins in San Bernardino, CA

Cannabis Advising Partners (CAP), a leading cannabis licensing, compliance, and business consultant, proudly announced that it attained two Commercial Cannabis Business (CCB) licenses for its clients at the San Bernardino City Council meeting on February 21. The two approved licenses achieved the highest ratings possible in their distinct categories.

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