CareersFollowing a slow period, there is currently a lot happening in the cannabis industry.
To provide context, the cannabis industry is heavily regulated due to a variety of reasons, which range from protecting the public’s safety to adhering to basic tax requirements. Therefore, cannabis businesses are subject to numerous licensing, permit, and registration requirements that can become particularly complicated from a licensing standpoint. Additionally, compliance requirements differ from state to state and can change depending on the business category, such as medical vs. recreational or retail vs. dispensary.
The Walter Haverfield Cannabis Law Team is keeping a close eye on application deadlines per state.
The following states have currently accepted cannabis license applications:
- New Jersey
- Mississippi
- Vermont
- New Mexico
- California
The following states have upcoming application rounds throughout 2023:
- Maryland
- Missouri
- U.S. Virgin Islands
- Rhode Island
- Minnesota
The next round of Missouri applications will be accepted between July 27 and August 10. This means there is still time for potential business owners to prepare the proper documents with the help of our experienced team.
If you are interested in entering these markets, or wish to learn more about the cannabis business application process, please contact Walter Haverfield today.
Thomas B. Kern, partner, leads the Firm’s Cannabis Law Group. He advises and counsels entrepreneurs and businesses from a variety of industries at each stage of their life cycle. Thomas can be reached at tkern@walterhav.com or 614.246.2279.