San Francisco Board of Supervisors Implements Three-Year Moratorium on New Cannabis Businesses
SAN FRANCISCO– In a unanimous decision, the San Francisco Board of Supervisors voted to impose a three-year ban on new cannabis businesses, aiming to address concerns of oversaturation and competition from the illicit market. The moratorium, which will not impact existing applicants or operators, was introduced by Supervisor Ahsha Safaí and is seen as a response to the significant number of licensed medical cannabis dispensaries and adult-use retailers in the city. Currently, San Francisco boasts around 30 licensed medical cannabis dispensaries, 31 adult-use retailers, and over 100 pending applications.
Supervisor Safaí emphasized the need for the moratorium, citing oversaturation in the market and competition from the illicit sector. Furthermore, he acknowledged the anti-cannabis sentiment within San Francisco’s Asian American communities, particularly regarding concerns about the potential impact of cannabis on children and cultural and historical factors.
Although the ban still requires final approval, which is expected to be granted next week, it is anticipated to take effect within 30 days and remain in effect until 2027.
San Francisco has long been known for its acceptance and embrace of cannabis culture, including the famous annual “420” celebration held in Golden Gate Park. However, with the implementation of this moratorium, the city aims to strike a balance between supporting the cannabis industry and addressing the challenges posed by market saturation and community concerns.