Minnesota entrepreneurs looking to enter the retail recreational marijuana market will have another chance to get a license from the Minnesota's Office of Cannabis Management (OCM) next week.
On Tuesday, July 22, the Minnesota Office of Cannabis Management (OCM) will hold a license lottery for combined general and social equity cannabis retailer license applicants. In June, the OCM's cannabis license lottery provided 249 license lottery winners a path toward opening their own dispensaries, with most being social equity applicants previously harmed by marijuana laws.
The winners joined nearly 400 microbusinesses in the final stages of approval that will still need to fulfill final requirements at their city or county levels, as well as have a final inspection by the OCM before opening.
But a reported 527 applicants were still left empty-handed and will look to secure licenses in the second lottery.
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