June 27 (UPI) — Kentucky is opening applications for medical marijuana licenses in the state Monday, with businesses being able to open by July 1, 2025.
The state plans to issue 48 dispensary licenses, which require owners to pay a $15,000 annual renewal fee, and the facilities will be required to be at least 1,000 feet away from a school or daycare.
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There are four types of licenses issued:
A cultivator, who is responsible for planting, raising, harvesting, trimming and curing raw plant material; a processor, who turns raw plant material into a usable produce; a safety compliance facility, which oversees testing for contamination and purity of the raw plant; and a dispensary, which will sell the finished marijuana to medical card holders.
The state requires a lot of legwork and detailed information from someone applying for a license, including a federal tax identification number, detailed contact information and proof that the owner plans to lease or buy the property where they intend to establish a dispensary.
Applicants also have to submit a financial plan, proof that they have the money to back it up, and a site plan that shows how it complies with security requirements, including