The Minnesota cannabis management office announced the date of the first lottery to decide that will obtain state cannabis commercial licenses.
The license lottery will take place on June 5 for cannabis growers, manufacturers and “mezzobusiness”-it is essentially all-in-one operations that can cultivate and buy cannabis, and manufacture and sell cannabis products.
There will also be a lottery of June 5 for cannabis retailer licenses for candidates for social equity, including veterans, people who live in high pause areas and people historically injured by war against drugs.
A second LOCK LOCAL DE CANNABIS – for candidates general as well as candidates for social equity not selected at the Lottery of June 5 – will be held in July.
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The announcement and sequence of lottery dates “reflect the objective of the license office of the starting chain supply chain in order to promote an fair cannabis market which favors health and public safety, consumer confidence and market integrity”, Eric Taubel, actual director for the Office of State Management, said in a press release. He said that the office “prioritizes the examination of the requests for the types of license necessary to stage the market successfully”.
The state said hundreds of candidates have qualified for the lottery for a defined number of licenses for various categories. More requests remain under examination.
On May 1, State files have shown there was:
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95 candidates for 50 cannabis cultivator licenses available
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80 candidates for 24 cannabis manufacturer permits available
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267 candidates for 100 licenses of cannabis mezzobusiness available
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724 candidates for 150 cannabis retailer licenses available
These figures do not include requests that have been removed or refused. There are other categories of cannabis commercial licenses that do not have ceilings on the figures and are not part of the planies planned.
The cannabis management office said the license lottery on June 5 will be liveAnd available for the public to watch.
