Cannabis Regulation and Tax Act – Licensing Timeline Within 60 days of Effective Date Early Approval Cultivators and Dispensary Applicants may apply. June 1, 2020 Disparity Study begins. On or before October 1, 2019, WAVE 1 Dispensary Applications published. (for up to 75 new dispensaries). (Applications will be due on 1/1/20 and will be awarded 5/1/2020) (Medical Industry + 2nd set of disp. lic.) Market Demand Study begins. On or before January 1, 2020 Craft Grow, Infuser & Transporter applications are published. On or before May 1, 2020 Wave 1 Dispensary Applications Awarded. On or before March 1, 2021 Disparity Study results due. Market Demand Study results due. Wave 1 Dispensary applications due January 1, 2022 On or before December 21, 2021 WAVE 2 Additional Dispensary, Craft and Infuser licenses issued. 2022 2021 2020 December 1, 2019 January 1, 2020 EA Cultivation centers may begin producing and selling to EA Dispensaries. Retail Sales begin. Wave 1 Applications Due. On or before March 31, 2020, Craft, Infuser and Transporter Application Due. On or before July 1, 2020 Craft (40), Infuser (40) and Transporter (no cap) licenses are awarded. Dept of Ag shall do a cannabis concentrate demand study to assess adequate supply of concentrate in the market. March 31, 2021 July 1, 2121 EA licenses expire (All EA licenses will need standard licenses.) Additional Cultivation Center licenses may be awarded Early Approved Licenses renewed on March 31, 2021 are valid until March 31, 2022 and must be renewed. On March 31, 2022 ALL dispensary licenses will be on the same renewal timeline of every March of even numbered years.