Mississippi Businesses Rush To Compete For Medical Marijuana Licenses

Mississippi Businesses Rush To Compete For Medical Marijuana Licenses
MJ moment

“The dispensary applications have created a race of who could apply faster to mark their territory.” By Sara DiNatale, Mississippi Today Mississippi’s hopeful medical marijuana dispensary owners are in turf wars across the state as they rush to get in applications to lay their stake in the new industry. The Mississippi Department of Revenue has already received 111 applications for dispensaries, which it started accepting on July 1. That’s more than in any other business category and has led to $4.4 million in collected application fees. “The dispensary applications have created a race of who could apply faster to mark their territory,” said Ken Newburger, the director of Mississippi Medical Marijuana Association. “When you start drawing circles around Mississippi—1,000 feet away from churches, 1,500 feet away from every other dispensary—there’s not a lot of land left.” Newburger was referring to the radius laws that prevent dispensaries from opening shops too close to schools, churches and competing stores. So far, 27 businesses—including cultivators, processors, transporters and waste management—have applied for licenses with the Mississippi Department of Health, which is handling those businesses. The health department has issued nine business-related licenses, giving a few companies clearance to begin growing marijuana crops. Mockingbird Cannabis, one of the state’s early industry leaders, was among the first to receive its license. The company has invested $30 million into his 167,000-square-foot facility near Raymond, according to CEO Clint Peterson. The company has received four licenses so far to transport, dispose of, produce, and grow medical marijuana and medical marijuana products. A current look at the number of applicants for medical marijuana — divided by type of application — including licenses and permits issued. Type Current Applications Licenses/permits issued Business licenses 27 9 Work permits 72 58 Practitioners 40 24 Patients 9 13 Dispensaries 111 0 Another…

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Source : Mississippi Businesses Rush To Compete For Medical Marijuana Licenses

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