Kentucky’s Massive Cannabis Licensing Response: 5,000 Applications Filed Before Deadline
Kentucky is experiencing a surge in interest from businesses aiming to get into its nascent medical cannabis industry, with nearly 5,000 license applications submitted to the Office of Medical Cannabis.
A significant 88% of these applications arrived in the final four days before the August 31 deadline, Governor Andy Beshear announced during a press conference on September 5, according to Kentucky Today.
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“Today, the results are clear,” said Beshear. “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 getting through those total number of applications, doing it right, ensuring that the process is fair, getting through the lotteries and then getting up and running.”
Of the 4,998 total applications, 4,076 came from dispensaries, 584 from cultivators, 333 from processors, and five from safety compliance …