The “extinction level” threat looming over the state’s legal cannabis operators no more. Gov. Newsom’s 2019-2020 budget contains language that extends the provisional licensing structure through 2025. Operators sweating the prospect of being expelled from local lists of legitimate cannabis businesses are seeing a few clouds of uncertainty clear away.
- In addition to remedying the temporary license imbroglio, the trailer bill — part of the Governor’s $214B spending package — clarifies how licenses are obtained and provides operators a two-year exemption from meeting CEQA standards.
- Four thousand temporary licenses expired in the month of April alone.