Accidental revocation of hundreds of cannabis licenses sends industry into tailspin

Hundreds of California cannabis businesses had their licenses briefly revoked by the Bureau of Cannabis Control last week in what appears to have been an unfortunate error.

The glitch, which affected over 300 businesses, occurred Monday, Feb. 1 and was mostly resolved by Tuesday afternoon. The revocations “sent shockwaves” through the cannabis industry, Marijuana Business Daily reports. Retailers, delivery services, and distributors were all impacted.

The BCC has not explained the origin of the error, but most industry officials say the state was helpful in resolving the issue.

Read more about the incident here.