California’s legal weed industry ‘on the verge of collapse’ over licensing woes

California’s legal hashish industry – the largest of its variety in the world – is reportedly at severe threat of collapse as a result of the state can not sustain with the demand for licenses.

The state revealed an emergency Senate Bill on Tuesday to maintain the hundreds of hashish farms open whereas they await everlasting licensing from the California Department of Food and Agriculture (CDFA), which is struggling to maintain up with the demand. Temporary licenses can’t be prolonged with out this alteration to legislature.

If the present state of affairs continues, hundreds of short-term licenses are attributable to expire in the coming months. The chief hazard of California working out of legal hashish is that buyers will in the end flip again to the black market.

Since California legalized hashish in November 2016, the CDFA has issued solely 9 annual hashish farm licenses, whereas 39 everlasting license functions are at the moment pending fee of the as much as $44,000 license price.

The world’s largest legal hashish industry is on the verge of collapse,” warned Lauren Mendelsohn, an affiliate at Figueroa’s regulation places of work, to The CFDA informed Leafly they’re working “as rapidly as doable” to course of functions and blamed inaccurate or incomplete functions for stalling the course of.