Livewire Ergogenics Inc (LVVV)

[User-65225]

Here's Why Most California Cannabis Cultivators Don't Have Licenses
February 23, 2018

https://www.greenmarketreport.com/heres-california-cannabis-cultivators-dont-licenses/
----------------------

Local Policy
Local cannabis regulations in California is, to say the least, a hodgepodge of conflicting rules passed by municipalities struggling to understand the legal cannabis market. As of February 2018, only 13 out of 58 California counties have passed laws allowing commercial cannabis activities

Six counties are likely to pass ordinances in the new future, while 14 more counties are currently studying the issue. Nearly half of California counties (25) have already passed bans on commercial cannabis activity.

Of those counties that have actually passed ordinances allowing cannabis activity, many have implemented caps on the number cannabis business permits available. For example, Trinity County only has 500 available cannabis business permits despite having more than 4,000 cultivators operating in the area.

Similarly, local zoning ordinances have made it increasingly difficult for cultivators. In Sonoma County, for example, a local ban on rural residential and agricultural residential areas have helped to exclude over 3000 cannabis cultivators from the market.

Likewise, in urban areas, many zoning ordinances have left cannabis businesses huddled in small business districts; which in turn have helped spike local real estate prices, thus further making it difficult for small-scale cannabis cultivators.