California’s cannabis program is entering a new chapter.
In a last-minute push that ended in June, hundreds of California marijuana businesses were issued the final significant batch of provisional licenses the state will ever grant.
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The end of the provisional license program is expected to raise the barriers to entry into the state’s cannabis market, particularly for newcomers, because annual licenses will be harder to obtain than the provisional permits were.
Provisional licenses essentially provided a path for businesses to continue operations and maintain state compliance while they applied for more permanent annual permits.
The California Department of Cannabis Control (DCC) in June approved 529 provisional licenses covering retailers, distributors, manufacturers, delivery operators and most cultivators.
The tally represents about a quarter of the nearly 2,300 provisional licenses the DCC issued during the entire fiscal year, which ended June 30.
The June approval deadline, among several enacted by
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