Industry insiders say the practice of working simultaneously in the legal and illicit markets is all too commonplace, a financial reality brought on by the difficulties and costs of doing business with a product they call the most heavily regulated in America.
Nearly 500 applicants are waiting for approval to open cannabis-related businesses in Long Beach. The city says a $3.9 million state grant will help work through that backlog.
Long Beach has tried giving away aquarium tickets, cheeseburgers and gaming systems to entice more residents to get vaccinated, but now a community group is taking a new approach by offering free joints for people who may still be holding out on getting a COVID-19 vaccine.
The change will allow businesses that infuse concentrates into products, extract cannabis oils using butter or oils or just package and label products to use the same space, similar to a commercial kitchen, but the law will require common-use space to be used at scheduled times by individual operators.
The original mural, approved but the city’s Cultural Heritage Commission in February, showed a large female figure with a butterfly on her finger, but some residents were concerned with the amount of female’s cleavage shown in the rendering.
Future Long Beach cannabis operators received a boost this month after the city received over $1.2 million in grants to help people open up businesses through the city’s social equity program.
The cities of Long Beach and Los Angeles received $1.26 million and $2.03 million, respectively, through the Cannabis Equity Grants Program, which aims to advance economic justice for communities that were disproportionately affected by cannabis prohibition.
The city’s cannabis equity program has required 40% of employee hires to be lower-income residents, but getting the same equity in ownership positions has been evasive.
The city manager’s office this week announced that it will be extending the deadline for licensed cannabis dispensaries to obtain a business license.
From cultivation to retail, the eight-week class will cover all sectors of the industry, with sessions taught by local business owners.