More than 1,800 register for Los Angeles social equity cannabis business eligibility

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More than 1,800 register for Los Angeles social equity cannabis business eligibility

UNITED STATES, July 30,2019 (MARIJUANA BUSINESS DAILY) – In another sign of how hot retail marijuana business licenses are in the largest cannabis market in the world, nearly 1,900 registrants met the Monday deadline to file social equity paperwork with Los Angeles, a required first step before the city issues more MJ business permits.

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The registrants who met the deadline – 1,866, a spokeswoman for the L.A. Department of Cannabis Regulation told Marijuana Business Daily – did so simply to verify their eligibility to seek cannabis retail licenses through L.A.’s social equity program.

The next round of L.A. marijuana business licensing opens Sept. 3.