SAINT PAUL, Minn. (GRAY) – Minnesota’s social equity license applicants are slated to be some of the first to participate in a budding new cannabis industry, possibly as early as late spring. This week, the state’s Office of Cannabis Management (OCM) announced the publication of its industry rules.
The announcement means the Office can begin issuing uncapped licenses to social equity applicants—veterans, those with prior cannabis convictions, those from low-income communities, and more.
According to OCM, more than a thousand applicants are qualified for that first step.
After they complete background checks, sign labor agreements, and secure the go-ahead from local governments, they’ll be some of the first in line to receive their licenses.
There will likely be natural delays as businesses set up their storefronts and wait for a steady supply of cultivation to arrive.
While social equity applicants aren’t capped, there will also be a limited number of licenses available for standardapplicants. Those will be selected in a lottery sometime in May or June.
In a February interview with OCM’s Public Information Officer, in regard to if the first dispensaries could be ready to sell by the end of summer, they said, “Yes, I’d say that’s a fair assessment.”
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Minnesota’s social equity license applicants are slated to be some of the first to participate in a budding new cannabis industry, maybe as early as late spring. This week, the state’s Office of Cannabis Management (OCM) announced the publication of its industry rules. Read More
