The cannabis industry is growing rapidly. Since the legalization of adult-use cannabis in 2018, licensing authorities have issued over 10,000 licenses in California. Amongst these, cultivator licenses, retailers, distributors, and microbusinesses. This year is expected to be even bigger for the cannabis industry with new regulations being adopted statewide by the Office of Administrative Law (OAL) taking effect this month.
Cannabis businesses bring new opportunities to their communities from creating jobs to funding community events and donating to organizations that promote health and education. Consumers over 21 years of age can now step into licensed dispensaries to purchase cannabis and cannabis products easier than ever before in California, but with it being a new industry there are still constant changes in cannabis laws and regulations and the licensing process can be challenging and varies case by case. Get in touch with our experts who can assist with cannabis licensing, real estate, business consulting, and any challenges that may arise.