After waiting for some late Oklahoma license renewals to settle, we wanted to show the growth in cultivation licenses over the last three years. As we shared throughout 2020, the license growth has primarily occurred in California and Oklahoma. They account for 70% of the active cultivation licenses in the US, up from 67% in 2019 and 51% in 2018.
Key Findings
- Active cannabis cultivation licenses in the database finished 2020 at 18,169.
- Oklahoma is currently the leader but California added 1,869 last year compared to 1,299 by OK.
- Michigan added 322 licenses in 2020, putting it in third place with 529 total licenses.
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-licenses-2018-2020/