Who should get a license to sell cannabis? 

Who should get a license to sell cannabis? 

Here’s a list of cannabis supply architecture models that say what private sellers can get licenses.  Maybe others have been used.  (Jurisdictions listed are just examples, not exhaustive.)

All comers (Oklahoma with $2,500 fee)

All comers with significant fees (Doesn’t some state do that?)

All comers at the state level with local license needed (Colorado, California)

First-come first-served (Los Angeles for retail; no state starts with this, but moratoria in Oklahoma and Oregon transmute “All comers” into FCFS when licensing stops)

Grandfather existing medical marijuana sellers (lots of states)

Lottery for all applicants who meet certain criteria (Washington, https://www.pbs.org/newshour/health/medical-marijuana-licensing-states))

Lottery for all comers (“Arizona doesn’t analyze business proposals the way other states do.  https://www.pbs.org/newshour/health/medical-marijuana-licensing-states)

Lottery for social equity applicants with post-drawing verification of status (Illinois, https://www.illinois.gov/news/press-release.26715.html; Connecticut, https://portal.ct.gov/cannabis/knowledge-base/articles/how-does-the-lottery-work?language=en_US)

Lottery for social equity applicants with pre-drawing verification of status (Maryland, I think, https://www.cannabisindustrylawyer.com/maryland-social-equity-cannabis-lottery-licenses/)

On the merits – competitive licensing (Georgia, Florida)

On the merits — social equity licensing (New York)

Auctions (British India) 

#CBD #Hemp

Who should get a license to sell cannabis? 

August 20, 2023 9:42 pm