In California’s First Month, Cannabis Selling Like ‘French Fries’
February 11, 2018Lessons from California, Part 2: Licensing and Compliance Issues
February 18, 2018
- So far, cultivation licenses are primarily concentrated in Northern California, with the top five producing counties (Humboldt, Santa Barbara, Mendocino, Monterey, and Calaveras) accounting for 74% of 1,256 cultivation licenses issued; Humboldt County alone hosts 20% of that total.
- Yet, the licenses issued up to now fall far below the tens of thousands of growers who operated in the state before the new law took effect.
- Manufacturing licenses are slightly less concentrated, with the top 5 counties (Alameda, Los Angeles, Riverside, Humboldt, and Monterey) accounting for 63% of 442 licenses issued.
- As the state works to expedite its process, the speed with which cannabis businesses are licensed remains key to preventing supply-chain disruptions and ensuring whether the legal market competes effectively versus California’s illicit market.
