The metropolis of Los Angeles issued a much-anticipated checklist of the 200 finalists within the contentious battle for social equity marijuana retail permits.
But it’s unclear when any of these companies might be able to open their doorways to clients.
The L.A. Department of Cannabis Regulation issued the checklist of 200 license winners following a settlement over the summer time involving a lawsuit that sought to throw out outcomes from the licensing window in September 2019.
The settlement resulted in a doubling of the variety of accessible enterprise licenses, from 100 to 200.
All 200 should now endure additional processing till they’ll obtain momentary approval to start gross sales.
A DCR spokesperson didn’t reply to a request for additional touch upon Thursday.
But Johnny Sayegh, spokesman for the Cannabis Equity Retailers Association, stated the earliest any of the 200 will probably be open is the second quarter of 2021.
“There are people in the community who are basically ready to go,” Sayegh famous. “They just have to get the temporary approval.”
Still, the naming of the 200 marks a “milestone” within the metropolis’s social equity program, which DCR Director Cat Packer stated in a press release makes it “the nation’s largest cohort of social equity applicants.”