Just yesterday, the Department of Cannabis Regulation (DCR) opened up the application process for Round 1 of Phase 3 retail storefront licenses in the City of Los Angeles. Due to heavy restrictions and high demand, appropriate locations for these storefronts can be difficult to come by. Many applicants have locations which meet all guidelines, yet still fall within a community plan area that has reached “undue concentration.” Here’s the 411 on what is expected to happen after the opening of Phase 3 Round 1 applications:
![[VIDEO] Q&A with Raza: Shareholder Agreements and LA's Licensing Process](https://blog.margolinlawrence.com/hubfs/Q%26A%20Cover%20Image.png "[VIDEO] Q&A with Raza: Shareholder Agreements and LA's Licensing Process")
