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  • Uh-Oh, California Could Run Out of Legal Cannabis by Summer

    02/25/2019 1:56:42 PM PST · by Oldeconomybuyer · 41 replies
    Leafly ^ | February 25, 2019 | by David Downs
    The supply of legal cannabis in California promises to start drying up by spring unless a quick fix becomes law. On Tuesday, Feb. 19, the California Legislature published Senate Bill 67, to keep cannabis farms open as they await permanent licensing. Right now, thousands of farms operate under temporary licenses from the California Department of Food and Agriculture (CDFA). Those 6,924 temp licenses are expiring faster than the CDFA can issue permanent annual licenses. Those temp licenses also can’t be extended unless existing law is tweaked. It’s been 834 days since California voters approved cannabis legalization in November 2016. So...