Rhode Island is opening its $120 million legal cannabis market to new retailers for the first time since adult-use marijuana legalization.
The Rhode Island Cannabis Control Commission will accept applications through its online portal for new cannabis storefronts through Dec. 29, according to the Providence Journal.
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The state will issue no more than 24 new licenses, the newspaper reported.
Of these:
Six are reserved for social-equity applicants. Six are reserved for worker-owned cooperatives.
The licenses will also be distributed equally through six geographic areas.
New cannabis retail permits available in Rhode Island
Although Rhode Island legalized recreational cannabis in 2022, no new retail licenses have been issued for the past three years.
Following legalization, the commission needed time to establish
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