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HOW THE STATE WILL AWARD THOSE PERMITS, WHO GETS PICKED TO RECEIVE A PERMIT WILL BE DETERMINED BY A LOTTERY, NOT THIS KIND. ALTHOUGH THE KENTUCKY LOTTERY CORPORATION WILL BE INVOLVED IN THE DRAWING AND WHEN YOU CONSIDER THE AMOUNT OF APPLICATIONS COMPARED TO THE AMOUNT OF AVAILABLE PERMITS, GETTING YOUR NAME PICKED WILL BE KIND OF LIKE WINNING A GOLDEN TICKET. THIS IS SIGNIFICANTLY MORE THAN ANY INITIAL PROJECTION. THE APPLICATION PERIOD FOR BUSINESSES TO PARTICIPATE IN KENTUCKY’S MEDICAL CANNABIS PROGRAM WAS FROM JULY 1ST THROUGH AUGUST 31ST, AND THE NUMBERS ARE IN. 4998 TOTAL APPLICATIONS. OF THOSE, 4096 ARE FOR DISPENSARIES THAT WILL SELL MEDICAL CANNABIS. 917 ARE FOR GROWERS AND PROCESSORS AND FIVE ARE FOR SAFETY, COMPLIANCE FACILITIES. TODAY, THE RESULTS ARE CLEAR. THERE IS INCREDIBLE, IF NOT OVERWHELMING INTEREST, ESPECIALLY AMONG KENTUCKIANS. THAT’S PROOF THAT THE PROGRAM IS GOING TO MEET ITS GOALS. WE ARE JUST GOING TO HAVE SOME CHALLENGES. BESHEAR SAYS 88% OF THE APPLICATIONS CAME IN DURING THE LAST FOUR DAYS. SALES OF MEDICAL CANNABIS ARE SLATED TO BEGIN IN JANUARY 2025. DESPITE THE LAST MINUTE INFLUX OF APPLICATIONS, THE OFFICE OF MEDICAL CANNABIS IS CURRENTLY REVIEWING THESE APPLICATIONS, AND WE REMAIN ON TRACK TO ISSUE LICENSES IN 2024. WE ARE INCREASING OUR STAFF ALMOST DOUBLING THEM FOR REVIEWING THE APPLICATIONS. DESPITE RECEIVING MORE THAN 4000 DISPENSARY APPLICATIONS, KENTUCKY WILL ISSUE ONLY 48 PERMITS FOR DISPENSARIES THIS YEAR. SOME FEAR LARGE OUT-OF-STATE COMPANIES SUBMITTED MULTIPLE APPLICATIONS TO GAIN AN EDGE, SOMETHING PROHIBITED BY STATE LAW. IT’S HARD TO IDENTIFY YET WHETHER IT’S HAPPENED, HOW MUCH IT’S HAPPENED, BECAUSE SO MANY APPLICATIONS CAME IN RIGHT AT THE END. A BIG FLOOD OF THEM. BUT I DO BELIEVE THAT THE SYSTEM IS SET UP AND WE’RE BRINGING ON EXTRA PEOPLE TO

Get the Facts: How Kentucky will award permits to applicants for medical marijuana program

More than 4,000 applicants are competing for 48 permits to operate medical cannabis dispensaries in Kentucky, according to new figures unveiled at Thursday’s weekly update with Gov. Andy Beshear.Thursday’s news conference was the first since the Aug. 31 application deadline. “Today, the results are clear,” Beshear said. “There is incredible, if not overwhelming interest, especially among Kentuckians. That’s proof that the program is going to meet its goals. We are just going to have some challenges.”Here’s a breakdown of the permit applications by type:Dispensary – 4,076Cultivator – 584Processor – 333 Safety Compliance Facility – 5Kentucky’s Office for Medical Cannabis had asked applicants to consider turning in their applications early, but 88% were submitted in the last four days before the deadline, Beshear said.The staff in charge of reviewing those applications had already been increased from nine to 29 people and an additional 20 employees will now be provided to help process the mountain of paperwork, Beshear said. “Despite the last-minute influx of applications, the Office of Medical Cannabis is currently reviewing these applications, and we remain on track to issue these licenses in 2024,” he said.Kentucky’s strict limits on the number of dispensaries allowed to operate have fueled rumors that deep-pocketed, out-of-state companies are submitting multiple applications under aliases to increase their chances of being picked in the lottery for permits.The practice, known as “stacking,” is prohibited by state law and applications will be scrutinized closely to detect it, Beshear said. “It’s hard to identify yet whether it’s happened and how much it’s happened, because so many applications came in right at the end, a big flood of them, but I do believe that the system is set up to prevent that from happening,” he said.The first lottery will likely be in October, and an exact date will be announced “in a couple weeks,” Beshear said.

More than 4,000 applicants are competing for 48 permits to operate medical cannabis dispensaries in Kentucky, according to new figures unveiled at Thursday’s weekly update with Gov. Andy Beshear.

Thursday’s news conference was the first since the Aug. 31 application deadline.

“Today, the results are clear,” Beshear said. “There is incredible, if not overwhelming interest, especially among Kentuckians. That’s proof that the program is going to meet its goals. We are just going to have some challenges.”

Here’s a breakdown of the permit applications by type:

Dispensary – 4,076Cultivator – 584Processor – 333 Safety Compliance Facility – 5

Kentucky’s Office for Medical Cannabis had asked applicants to consider turning in their applications early, but 88% were submitted in the last four days before the deadline, Beshear said.

The staff in charge of reviewing those applications had already been increased from nine to 29 people and an additional 20 employees will now be provided to help process the mountain of paperwork, Beshear said.

“Despite the last-minute influx of applications, the Office of Medical Cannabis is currently reviewing these applications, and we remain on track to issue these licenses in 2024,” he said.

Kentucky’s strict limits on the number of dispensaries allowed to operate have fueled rumors that deep-pocketed, out-of-state companies are submitting multiple applications under aliases to increase their chances of being picked in the lottery for permits.

The practice, known as “stacking,” is prohibited by state law and applications will be scrutinized closely to detect it, Beshear said.

“It’s hard to identify yet whether it’s happened and how much it’s happened, because so many applications came in right at the end, a big flood of them, but I do believe that the system is set up to prevent that from happening,” he said.

The first lottery will likely be in October, and an exact date will be announced “in a couple weeks,” Beshear said.

“]] Gov. Andy Beshear gave an update Thursday on the launch of Kentucky’s medical cannabis program.  Read More  

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