Cannabiz Media’s research team is constantly on the lookout for new licenses across U.S. jurisdictions and Canadian provinces we cover. We focus more attention on states that issue licenses more frequently or at higher volume. We consider these to be Volatile states and may add those on a daily basis. For example, when California was issuing 50+ licenses per day we added daily and changed to weekly when volume dropped. As volume changes we will continue to adjust. Volatile jurisdictions and data sets include:
In addition to Volatile we also categorize states as Active, Stable and In Process. We consider states to be Active when they generate a high number of new licenses on a regular basis. In active states we will add licenses on a weekly, biweekly or monthly basis. Examples include:
Stable states are those that are not generating licenses with any frequency and issuance tends to be more of an event than a process. For example, Connecticut only adds licenses when the Department of Health deems it necessary. As a result new licenses are issued every few years. Stable states are updated on an as needed basis and include:
In Process states are a lot like Volatile in that we don’t always know when licenses will be issued because this is state’s first time in this process. They tend to come out in a batch as recently happened in North Dakota, Arkansas and Louisiana. We strive to import or update those within 24-48 hours depending upon volume. In Process states include:
Of course the data team is scouring sources on a daily basis for news stories, people and other developments that affect the license economy and are updating the sixty data points we track for each license.You can see these in the app by filtering on what’s been updated on a daily, weekly or monthly basis.
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