They have a license but likely not for the products they just rolled out. California is one of those States that will require a producer/distributor to submit labels and testing data for each product they sell in California. They are especially diligent on new producers and new products. The testing data allows the State to determine whether the chemical content meets the label on a consistent basis. Can take 4-6 months to be approved.
They also need to report to the State Dept of Ag every six months on their California sales and pay a fee of 3 mills per $1,000. This applies whether they sell off the web or sell direct into the State.
FYI, the license they have can be gotten by submitting a check for $100 and a completed application. It doesn't mean you can actually sell anything in the State.
Exactly...this is going to be much bigger than people think. Think MJNA and you are on the right track. Easily over a penny within the coming days. Been huge buying.