We last looked at cannabis cultivation licenses in early fall and today’s post is an update on new licenses issued as well as total licenses. In September California and Oklahoma have been responsible for over 89% of the new cultivation licenses. This has dipped slightly to 87% even though California and Oklahoma issued 1,059 new cultivation licenses in September, October and November.
Key Findings
- Active cannabis cultivation licenses in the database now number 18,172
- 5,402 new cultivation licenses have been added this year
- Michigan is still a distant third with 333 licenses added this year
- 87% of the new licenses were in California and Oklahoma
The California versus Oklahoma battle has continued with Oklahoma adding many more licenses in the last three months:
For this and upcoming leaderboards we will also include the total number of licenses that we track. The table above illuminates the number of new licenses created but it does not show the affect of licenses that are cancelled, revoked, or administratively withdrawn. The following lengthy table shows all that we have tracked.
Cannabiz Media customers can stay up-to-date on these and other new licenses through our newsletters, alerts, and reports modules. Subscribe to our newsletter to receive these weekly reports delivered to your inbox. Or you can schedule a demo for more information on how to access the Cannabiz Media License Database yourself to dive further into this data.
Cannacurio is a weekly column from Cannabiz Media featuring insights from the most comprehensive license data platform. Catch up on Cannacurio posts and podcasts for the latest updates and intel.
Ed Keating is a co-founder and Chief Data Officer of Cannabiz Media and oversees our data research and government relations efforts. He has spent his whole career working with and advising information companies in the compliance space. Ed has overseen complex multijurisdictional product lines in the securities, corporate, UCC, safety, environmental and human resource markets and focuses on workflow products over the last twenty five years. During that time he has worked for both startup and established information companies where he has led marketing, product management and sales organizations. These companies include Wolters Kluwer/Commerce Clearing House, CT Corporation, EDGAR Online and Business & Legal Reports. At Cannabiz Media Ed enjoys the challenge of working with regulators across the globe as he and his team gather corporate, financial, and license information to track the people, products and businesses in the cannabis economy. Ed graduated from Hamilton College and received his MBA from the Kellogg School at Northwestern University.
Source: https://cannabiz.media/cannacurio-cultivation-leaderboard-november-2020-update/