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Global Go Consulting Cannabis Blog

Richard Cromwell Richard Cromwell

Opportunity Knocks: Low Competition for Kentucky's Medical Cannabis Licenses Before Aug 31st Deadline

Beginning today, July 1st, Kentucky will start accepting license applications for its brand-new medical cannabis market. The Commonwealth’s plans are to hold a 60-day application period, which will close Aug 31st, 2024. Last year Kentucky's Governor Andy Beshear took a historic step by signing Senate Bill 47 into law, paving the way for the legalization of medical cannabis in the commonwealth effective on January 1, 2025. As that date approaches, these initial license winners are poised to be the first movers in the Bluegrass State, setting the pace and establishing their dominance in this emerging market.

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Richard Cromwell Richard Cromwell

Kentucky Medical Program to Launch in 2025

In early 2023, Kentucky’s governor Andy Beshear signed Senate Bill 47, which legalizes medical cannabis in the commonwealth effective Jan. 1, 2025. Regulations are still being ironed out by the governor and new Kentucky Medical Cannabis Program department, but promising signs are ahead.

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