MED started in San Francisco, and growth since 1996 has been comparatively stagnant. However, yields from a four-year-old ordinance have begun to spur growth.
Have the changes arrived too late?
MJ Biz Daily
- The 2016 revamp brought a new system that both issues licenses for legacy retailers and attempts to bring in social-equity applicants and incubators.
- San Francisco administration has been sluggish. As of last month there were 380 license applications, and only 139 processed.
- An audit by Sacramento’s mayor revealed that half of the city’s storefront dispensaries have changed hands since 2009, despite a law prohibiting such movement.