Blum Holdings Inc (BLMH)

[Mediman420]

Opinions vary on whether cultivation licenses or dispensary licenses are worth more. Some say that because of the lower number of dispensaries currently allowed in the state, those permits are more valuable. Others say that with recreational marijuana likely being approved next year, cultivation permits will skyrocket in value.

Someone who holds all three licenses – those for cultivation, processing and dispensing – and is looking to sell is in the best position, said Brandon Rexroad, the co-founder of Rexroad McKee, a company that has permits in the state of Nevada and also grows, process and sells cannabis in Oregon.