The fourth quarter of 2018 was notable as states like Connecticut doubled their dispensaries from nine to 18 whilst Oklahoma went on a spree issuing 162 caregiver, 805 dispensary, 1,302 grower, and 341 processor licenses by year finish.

Even so, all this pales in comparison to California, which issued six,855 new licenses among November 1, 2018 and year finish. The regulators talked all through the fall that their employees was going to be operating nights and weekends to approach the final of the short-term licenses, and it seems they had been accurate to their word.

Important Information about California Cannabis Licenses

  • California has 10,940 active licenses, even though only a handful of dozen are annual licenses. This count does not contain 149 occasion licenses.
  • As of October 31, 2018, there had been roughly four,085 active licenses, such as 257 issued in late 2017. More than the subsequent two months California a lot more than doubled that count by issuing six,855 a lot more.
  • The California Division of Agriculture issued the vast majority of these new licenses: 65%.
  • 45 license holders garnered double digit licenses for the duration of this period and accounted for 1,665 of the six,855 (24%).

Various Licenses

As we have documented more than the final 13 months, cultivators are stacking licenses to build huge cultivation facilities. You can see the leading 5 organizations that received licenses for the duration of the final 60 days in the table beneath.

california cannabis license recipients nov-dec 2018 table

Regulators

There are 3 regulators in California and every is accountable for various components of the worth chain:

  • California Division of Meals & Agriculture (DOFA) regulates cultivators and has issued the most licenses.
  • Bureau of Cannabis Manage (BCC) regulates retailers, testing labs, distributors, microbusinesses, and delivery. It authorized pretty much a quarter of the licenses.
  • California Division of Public Well being (CDPH) issued 12% of the licenses to suppliers.

california cannabis license issuance by regulator chart

Activities

The chart beneath gives a deeper dive into the licensed activities.

california cannabis licenses by activity nov-dec 2018 chart

In comparing licenses issued by activity, lots of categories pretty much doubled like distributor at 198%, manufacturer at 188%, and cultivator at 178%. Retailers only elevated by 58% and testing labs by 68%.

california cannabis license issuance by activity chart

License Forms

The state of California has a myriad of licenses that it provides to cannabis firms. The licenses of option for the duration of the current issuance had been for cultivation and manufacturing. The leading 10 are shown in the table beneath.

top 10 types of california cannabis licenses issued nov-dec 2018 table

Compared to the 1st 10 months, the list is comparable except that the Compact Outside licenses accounted for 21.four% of the new licenses up from 17.five% of licenses issued in the 1st 10 months of the year.

california cannabis top 10 license types chart

Due to the fact California ceased issuing short-term licenses, the license onslaught has ebbed. We will monitor the disposition of these licenses as they migrate to come to be provisional and annual licenses. There are some expiration date peaks on the horizon that will confront regulators and license holders as shown in the chart beneath.

active california cannabis licenses expiration dates chart

Seeking Ahead to California Cannabis Licenses in 2019

With a year of regulation comprehensive and the newly authorized state regulations for cannabis firms, California and its license holders ought to practical experience a a lot more steady year.

This year will come with challenges as license holders perform on their annual licenses, connect to track and trace, and spend application costs and of course, taxes.