California Issued 34.5% of the Nation’s Weed Licenses in the First Quarter of 2018
California issued 5,369 cannabis licenses during the first quarter of 2018. If that number sounds big, that’s because it is. The Golden State’s issuances represented 34.5% of all licenses granted in the U.S. during that period. Active licenses in California now outnumber Oregon’s and Colorado’s combined.
If California continues at its current pace, the state will issue another 15,000 cannabis licenses by the end of the year. This comes at a time when lawmakers are looking for ways to speed up the permitting process, rather than slow it down.
New Cannabis Ventures has a number of charts showing when the bulk of licenses were issued and by which agency, as well as how the state’s permitting process compares to other cannabis legal states.
View the report here.