First Medical Marijuana Business Licenses Lottery Held

Kentucky’s first medical marijuana business licenses were designated during a lottery draw Monday afternoon in Louisville.

Legislation signed by Governor Andy Beshear in 2023 will make medical cannabis legal in the commonwealth, effective January 1, 2025. Medical cannabis will be available for those 18 and over and who qualify for certain health conditions such as cancer, chronic pain, PTSD, multiple sclerosis, muscle spasms or chronic nausea.

In the initial lottery, only 16 cultivators and 10 processors will receive a license, with 584 cultivator applications and 334 processor applications accepted by the Team Office of Medical Cannabis.

A cultivator license authorizes its holder to grow medical cannabis (also known as raw plant material) in an enclosed, locked facility and sell medical cannabis to a licensed medical cannabis processor, producer, or dispensary in Kentucky.

CULTIVATOR TIER I (LESS THAN OR EQUAL TO 2,500 SQ. FT. OF GROW AREA):

L&O Legacies – Boyd County
Synapse Remedies LLC – Jefferson County
CW Bluegrass, LLC – Daviess County
Popp Cultivation LLC – Bracken County
Arizona Bay Investments LLC – Lincoln County
Wong Investments, LLC – Christian County
Joseph Serock – Christian County
Elevated Essence LLC – Bullitt County
Slaughter Branch LLC – Hopkins County
Goeing Blue LLC – Fayette County

CULTIVATOR TIER II (LESS THAN OR EQUAL TO 10,000 SQ. FT. OF GROW AREA):

NG Health LLC – Fayette County
Armory Kentucky LLC – Estill County
JMOKY LLC – Warren County
Canopy Capital LLC – Grant County

CULTIVATOR TIER III (LESS THAN OR EQUAL TO 25,000 SQ. FT. OF GROW AREA):

Natural State GreenGrass CannaCo LLC – Warren County
KSYKAPP, LLC – Barren County

A processor license authorizes its holder to process raw plant material into medical cannabis products on its licensed premises in Kentucky.

PROCESSORS:

1248 KYP LLC – Jefferson County
Kaldem Holdings – Muhlenberg County
Limestone Processing – Fayette County
Hilltop Healing Investco – Warren County
Bijal Kentucky LLC – Boyd County
AJ Alchemy Labs LLC – Barren County
Jill’s Dispensary LLC – Christian County
One Leaf Technologies LLC – Bullitt County
Ice House Processing, LLC – Fulton County
LMMKY LLC – Warren County

Governor Andy Beshear says another lottery will be held to determine dispensaries.
Source: WBKO