Officials responsible for a potential cannabis cultivator and potential cannabis lab have both let their government credentials expire, essentially halting any progress towards opening up shop. But potential cultivator Guam's Real Deal could be less than two months away from firming up an application needed to start growing weed.
That's based on updates shared at Monday's Cannabis Control Board meeting. Department of Revenue and Taxation Director Marie Lizama told board members about the two businesses that now face expired credentials. Greenland Farms Inc. is looking to open up shop as a cannabis grower.
Blue Wave Inc., doing business as Pacific Analytical Services, could be the first lab opened to test cannabis before it can legally go to market on Guam. The businesses were two of four that have come closest to actually clearing regulatory hurdles at Revenue and Taxation, which are needed before opening up shop.
Not one licensed cannabis business has opened since adult-use cannabis has been legalized for Guam in 2019. But Lizama and the DRT Compliance Branch on Monday indicated that the officials recognized by the government for the two businesses have both let their "responsible official" cards expire.
Read more at Pacific Daily News
