A fifth of the applications for ganja licences have got conditional approvals from Cannabis Licensing Authority (CLA), while two licences have been approved.
On Monday, the agency told the Financial Gleaner that it had signed off on permits for 46 entities spanning different segments of the ganja market, including cultivation, processing and retail.
It indicates a stepped-up pace for approvals, which up to February had been provisionally granted to only three entities. CLA also refused eight applications from a single applicant, while two other applications were withdrawn.
“The total number of conditional approvals granted to date – excluding the two licences that have been granted – is 44,” said the CLA.
The identities of the two entities granted approval will only be disclosed when the licences are issued, CLA said. Sources think it could happen later this month.
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