Team Kentucky broke ground in Graves County on the first medical cannabis safety compliance facility in the commonwealth on Wednesday (05/28).
State38 LLC, with a roughly $1 million investment, will employ around a dozen Kentuckians. The new safety compliance facility will be one of seven in the state dedicated to ensuring the safety and quality of medical cannabis products.
On April 17, 2024, Governor Andy Beshear signed House Bill 829 into law, which moved up the timeline for medical cannabis licensing in Kentucky by six months. The Kentucky Office of Medical Cannabis began accepting applications from prospective businesses on July 1, 2024.
Last month, Team Kentucky broke ground on the first medical cannabis business in the state, Centaurus Farms KY LLC, a Tier II cultivator in Wayne County. A ribbon-cutting was also held for a Tier III cultivator facility in Clark County managed by Cresco Labs.
Licenses have been issued to 10 Tier I cultivators (2,500 square feet of growing space), four Tier II cultivators (10,000 square feet), and two Tier III cultivators (25,000 square feet.)
On March 31, 2023, Governor Beshear signed Senate Bill 47 into law, legalizing medical cannabis for Kentuckians beginning Jan. 1, 2025.
To date, more than 15,000 Kentuckians have received a written certification, and over 10,000 have successfully applied for and received a medical cannabis card.
For more on Kentucky’s Medical Cannabis Program, visit kymedcan.ky.gov.
Source: CHFS
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