Every state that’s legalized cannabis for adults 21-and-up has faced that moment or even series of moments that threatened to really derail or seriously stymie market development. California is at that crossroads and has been almost from the outset of the first issuances of cannabis licenses back in January 2018. California will, of course, eventually and sufficiently deal with its myriad of cannabis issues, but right now there are a select few that are really affecting licensed businesses and the success of this important democratic experiment. In no particular order, my top six (current) threats/growing pains to the development and success of California’s cannabis marketplace are:

State licensing woes and low licensing numbers.  Every state at some point experiences what seems to be either too much licensing (see Oregon) or just too little to satisfy demand. Right now, California is probably in the latter category. And with too few licenses comes…

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