PROVIDENCE, R.I. (WPRI) — More than two dozen companies have submitted 45 applications to state regulators, hoping to be picked out of a lottery for one of six licenses to open a medical marijuana dispensary in Rhode Island next year.
The R.I. Department of Regulation released the names this week of the 28 entities that submitted applications by the Dec. 15 deadline. Six new dispensaries will be licensed, per a state law that passed in 2019, with one applicant pulled from six geographic zones. The zones were created in an effort to spread out access to medical cannabis throughout the state (the three existing dispensaries are in Providence, Warwick and Portsmouth.)
Ten of the companies that applied submitted applications for more than one zone — at $10,000 per application — but can only be licensed for one location, even if they are pulled from the lottery twice.
Three of the businesses — New Leaf Compassion Center, Rhode Island Compassion Center and Rhode Island Care Concepts — each applied in four different zones.
Some applicants will have a better chance than others at getting a license. Only two applicants submitted for Zone 3, for example — Green Wave CC and Rhode Island Compassion Center — giving them each a 50-50 shot. (Both companies also submitted applications in other zones.)
The geographic area with the most applicants is Zone…
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PROVIDENCE, R.I. (WPRI) — More than two dozen companies have submitted 45 applications to state regulators, hoping to be picked out of a lottery for one of six licenses to open a medical marijuana dispensary in Rhode Island next year.
The R.I. Department of Regulation released the names this week of the 28 entities that submitted applications by the Dec. 15 deadline. Six new dispensaries will be licensed, per a state law that passed in 2019, with one applicant pulled from six geographic zones. The zones were created in an effort to spread out access to medical cannabis throughout the state (the three existing dispensaries are in Providence, Warwick and Portsmouth.)
Ten of the companies that applied submitted applications for more than one zone — at $10,000 per application — but can only be licensed for one location, even if they are pulled from the lottery twice.
Three of the businesses — New Leaf Compassion Center, Rhode Island Compassion Center and Rhode Island Care Concepts — each applied in four different zones.
Some applicants will have a better chance than others at getting a license. Only two applicants submitted for Zone 3, for example — Green Wave CC and Rhode Island Compassion Center — giving them each a 50-50 shot. (Both companies also submitted applications in other zones.)
The geographic area with the most applicants is Zone…
