After many delays, controversies, and changes to the regulations, Los Angeles is finally opening its second (and last) round of retail licensing.
Based on the timeline laid out by the LA Cannabis Regulations, Retail Round Two will open by early next year. This time around, the Department of Cannabis Regulation (DCR) will use a lottery system. Applicants are expected to register for the lottery within a 30-day time frame before it begins.
When the lottery proceeds, the system will choose registrants at random from the pool. Those chosen will have a year from the date they are notified to complete their applications for Temporary Approval. This timeline lines up neatly with the state’s deadlines for provisional licensing. Local equity applicants with temporary approval have until June 30th, 2023 to apply for a state provisional license, and can renew on a yearly basis until January 1st, 2025.
I know you’re already wondering, so here’s what you need to do to prepare for this round of retail licensing.
1. Obtain social equity eligibility verification (or find a social equity partner)
In order to apply for Retail Round Two, you must qualify as a Social Equity applicant. If you are new to the
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