{"id":2542788,"date":"2023-05-18T20:00:00","date_gmt":"2023-05-19T00:00:00","guid":{"rendered":"https:\/\/platoai.gbaglobal.org\/platowire\/recapping-the-q1-2023-licensing-leaderboard-on-cannacurio-podcast-episode-51-by-cannabiz-media\/"},"modified":"2023-05-18T20:00:00","modified_gmt":"2023-05-19T00:00:00","slug":"recapping-the-q1-2023-licensing-leaderboard-on-cannacurio-podcast-episode-51-by-cannabiz-media","status":"publish","type":"platowire","link":"https:\/\/platoai.gbaglobal.org\/platowire\/recapping-the-q1-2023-licensing-leaderboard-on-cannacurio-podcast-episode-51-by-cannabiz-media\/","title":{"rendered":"Recapping the Q1 2023 Licensing Leaderboard on Cannacurio Podcast Episode 51 by Cannabiz Media"},"content":{"rendered":"

Cannacurio Podcast Episode 51 by Cannabiz Media recently recapped the Q1 2023 Licensing Leaderboard, providing valuable insights into the cannabis industry’s licensing trends. The podcast episode highlighted the top-performing states in terms of cannabis licensing, the number of licenses issued, and the types of licenses granted.<\/p>\n

According to the podcast, California remained the top-performing state in terms of cannabis licensing, with over 10,000 licenses issued in Q1 2023. This was followed by Colorado, which issued over 4,000 licenses during the same period. Other states that performed well in terms of licensing included Oregon, Washington, and Nevada.<\/p>\n

The podcast also highlighted the types of licenses that were most commonly issued during Q1 2023. Cultivation licenses were the most popular, with over 20,000 issued across the country. This was followed by manufacturing licenses, which accounted for over 10,000 licenses issued. Retail licenses were the third most popular type of license, with over 8,000 issued during the quarter.<\/p>\n

The podcast also provided insights into the challenges faced by cannabis businesses when it comes to licensing. One of the biggest challenges is navigating the complex and ever-changing regulations surrounding cannabis licensing. Many states have different requirements for obtaining a license, and these requirements can change frequently.<\/p>\n

Another challenge is the high cost of obtaining a license. In some states, the application fees alone can run into the tens of thousands of dollars. This can be a significant barrier to entry for small businesses and entrepreneurs who are looking to enter the cannabis industry.<\/p>\n

Despite these challenges, the podcast noted that the cannabis industry continues to grow and evolve. As more states legalize cannabis for both medical and recreational use, there will be increased demand for licenses and opportunities for businesses to enter the market.<\/p>\n

Overall, the Q1 2023 Licensing Leaderboard provides valuable insights into the state of the cannabis industry and the trends that are shaping its growth. By staying up-to-date on licensing trends and regulations, cannabis businesses can position themselves for success in this rapidly evolving industry.<\/p>\n