FRANKFORT, Ky. — Kentucky will use a lottery system to award an initial round of licenses to businesses competing to participate in the state's startup medical cannabis program, Gov. Andy Beshear announced Thursday.
“It reduces or eliminates litigation, and it creates a more fair process, not one where people bid against each other and only then the big companies can be a part of it,” the governor said. “But one that provides at least a chance for everyone who can meet the criteria.”The state initially will issue 48 medical cannabis dispensary licenses, divided among 11 regions.
The program can be expanded with more businesses in the future depending on demand and whether more qualifying medical conditions are added.“This is likely the minimum that you will see on the program moving forward,” Beshear said. “But again, you can always scale up. Scaling back hurts businesses, hurts people and hurts access.
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Fonte: YahooFinanceCA - 🏆 47. / 63 Leggi di più »