Rhode Island Receives 45 Applications for 6 New Medical Cannabis Dispensary Licenses

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Rhode Island has received 45 applications for six new medical cannabis dispensary licenses, according to an AP News report.

If all applicants meet state requirements for a license, six will randomly be selected in a lottery to operate retail locations in different regions across the state, the news outlet reported.

Officials with the Rhode Island Department of Business Regulation have not yet set a date for the lottery, according to AP News.

RELATED: Rhode Island Opens Application for New Medical Cannabis Dispensary Licenses

To qualify for a license, applicants had to submit detailed financial information, proof of a physical retail site and a $10,000 application fee, the news outlet reported.

Those ultimately awarded a license will join the state’s three operational medical cannabis dispensaries, but will not be permitted to be vertically integrated and grow their own product, according to AP News.



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