Rhode Island regulators support lottery for cannabis retail licenses ⋆ Patriots Hemp

Home / Blog / Rhode Island regulators support lottery for cannabis retail licenses

Share This Post

Business / Cannabis / CBD / Featured News

Rhode Island regulators support lottery for cannabis retail licenses

Rhode Island regulators support lottery for cannabis retail licenses

The winning applicants for Rhode Island’s next two-dozen cannabis retail licenses could be selected through a lottery – but only after they are screened based on qualifications such as “ability and readiness for licensure” – under a proposal approved by the Rhode Island Cannabis Control Commission.

The three-member regulatory board unanimously approved a proposal presented Friday by Mariana Ormonde, the commission’s chief legal counsel, according to digital news site Rhode Island Current.

ADVERTISEMENT

Ormande said that under the hybrid selection process – license applicants would have to be deemed eligible before being enrolled in the lottery system – legal and economic challenges that dogged states such as Illinois, New Jersey and New York would be avoided.

Commission Chair Kimberly Ahern said during the

Read full article on Marijuana Business Daily



Share This Post

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>