The North Bay Business Journal this week reported that thousands of temporary California cannabis business licenses might expire before provisional annual licenses or extensions can be issued.
“Ultimately, this will have a domino effect on the supply chain,” Josh Drayton of the California Cannabis Industry Association told the business journal.
The journal also posted a photo of cannabis growing at Glass House Farms in Carpinteria. See https://www.northbaybusinessjournal.com/northbay/sonomacounty/9367393-181/california-cannabis-business-regulation-supply?artslide=0
Some 9,000 applications in December surprised regulators, such as those at the California Department of Food and Agriculture, which issues permits to cannabis growers, the journal reported.
“Towards mid to late 2018 there was a real rush of folks filling out their temporary applications and to get those in before January first of 2019,” which was the deadline to apply for temporary licenses, Drayton told the journal.
It was reported that of the almost 5,000 cannabis licenses issued by the state, 1,806 of them could expire this month or next.
However, the journal said lawmakers are rushing a bill to the governor that might solve the problem.