Marijuana companies are fleeing Los Angeles, a setback for what is arguably the biggest cannabis market in the world.
Industry executives blame city officials and their inability to approve business licenses in a timely manner.
Just ask Kenny Morrison. A decade after founding his cannabis edibles business and finding success in the iconic Venice Beach area of Los Angeles, Morrison recently moved his VCC Brands to Northern California.
He quit the City of Angels at the start of 2018, he told Marijuana Business Daily, for the same reason “dozens” of other edibles makers, growers and other cannabis businesses have fled: They haven’t been able to get municipal licenses to operate in the fully legal California market.
“To stay alive. To stay in the game,” Morrison responded via email when asked why he left Los Angeles
He said he now holds manufacturing and