Kentucky regulators have awarded 26 medical marijuana licenses for cultivators and processors seeking to operate in the state’s impending industry.
The businesses chosen Monday in the Office of Medical Cannabis’ lottery must pay a licensing fee within 15 days or forfeit their ability to receive a license, the agency’s executive director, Sam Flynn, told the Louisville Courier Journal.
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Kentucky’s MMJ program, which the governor signed into law in March 2023, is slated to begin Jan. 1 with 48 operational dispensaries.
The date for the lottery to select dispensary licensees will be announced Thursday.
Kentucky is using a lottery system – hosted by the Kentucky Lottery Corp. – because the number of applicants exceeded the number of licenses allotted per business type.
The
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