Cocoa is Ghana’s main export crop and the country is known for its quality cocoa beans leading to a price premium on the international market. Despite the good efforts by Ghana’s cocoa and the efforts made by COCOBOD to maintain quality, there are indications that quality can be compromised due to the operations of the Licensed Buying Companies (LBCs). This study aimed at assessing the influence of Licensed Buying Companies on the quality control of cocoa in sefwi Boako and Bekwai cocoa districts. From the results, it was observed that, the operations and the competition among the LBCs have influence on the quality of beans produced, most especially in the area of fermentation and drying. However, the positive influence on quality of cocoa outweighed the negative effect.