On Jan. 1, 2023, California’s Department of Cannabis Control will begin accepting applications for large type cannabis licenses. The DCC will not place caps on the size of large license holders’ cultivation areas, paving the way for massive single-license farms. From that point forward, the only functional limitations on cultivation licensing will be local law.
However, large-scale licensing will come at a time when prices for cannabis flower are in significant decline due to factors such as low sales and high supply after large summer and fall harvests in 2021. [1]Nevertheless, large licensing is unlikely to immediately lead to a host of…
To Read The Rest Of This Article By Griffen Thorne on Law360
Published: July 27, 2022
Founder & Interim Editor of L.A. Cannabis News
