The state has hit a milestone in the approval and issuing of cannabis licenses, surpassing 1,000 since the Cannabis Control Division began issuing them last fall.
To date, 1,027 total licenses have been approved and issued.
Those numbers were shared by the division on Tuesday in a presentation to lawmakers on the Legislature’s interim Courts, Corrections and Justice Committee.
The update comes nearly half a year into the sale of adult-use cannabis, which has so far generated nearly $88 million in recreational sales for cannabis businesses. And it comes at a time when lawmakers and industry leaders are raising questions about equity in the cannabis industry.
(Originally posted by Cannabis News)