License applications rolling in as Connecticut adds medical cannabis dispensaries

Businesses are dashing to capitalize on Connecticut’s mushrooming medical marijuana market.

Regulators have acquired greater than 70 marijuana dispensary applications after deciding to increase the tightly managed market from 9 retailers to as many as 19, in accordance with The Hour newspaper.

The new licenses might be issued in the approaching months.

Additional dispensaries are wanted to serve a market that has grown exponentially from 2,000 registered sufferers at its launch in 2014 to 25,786, in accordance with the Hartford Courant and state knowledge.

The state has simply 4 MMJ producers in the state, and a few dispensaries and sufferers are complaining about shortages of sure merchandise, together with indicas, the Courant reported.

It’s “extremely concerning,” stated medical marijuana affected person and blogger Paul Kirchberg.

However, Connecticut’s MMJ regulators agree with producers that there’s at present sufficient manufacturing capability to serve the rising market.

Categories: Briefs, Connecticut Medical Cannabis Business & Marijuana Legal News, Dispensary/Retail Store Business News, Legal & Regulatory News for Marijuana Businesses


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