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New Grower Licenses Issued Amid Cannabis Shortage Crisis

3/7/2026

47 5 Full Breakdown

Summary

Story summary

The Cannabis Control Board (CCB) and Office of Cannabis Management (OCM) project a 365,000-pound shortage due to demand from nearly 600 stores and have authorized measures.
OCM plans to issue licenses for 100 new growers and allow expansion.
The shortage follows a slow rollout of legal cannabis shops that left farmers with excess unsold crops.
Since December 2022, licensed dispensaries have generated nearly $3 billion in sales.

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Story summary

The Cannabis Control Board (CCB) and Office of Cannabis Management (OCM) project a 365,000-pound shortage due to demand from nearly 600 stores and have authorized measures.
OCM plans to issue licenses for 100 new growers and allow expansion.
The shortage follows a slow rollout of legal cannabis shops that left farmers with excess unsold crops.
Since December 2022, licensed dispensaries have generated nearly $3 billion in sales.