By 420 Intel on Friday, 25 February 2022
Category: Business & Finance

Retailers seeking to offer recreational and medical cannabis can now apply for CT licenses

The application window opened Thursday for Connecticut retailers who want to participate in the recreational and medical cannabis markets. The state plans to license two general applicants and two social equity applicants as hybrid retailers.

The application window for the lottery is open for 90 days and will close May 25.

Social equity status is determined by income and residency. The state has established its Social Equity Council, a group that’s charged with ensuring those who were most impacted by the war on drugs benefit from the recreational market. Medical dispensaries that are already licensed and want to add recreational sales will not be subject to the lottery system. They also will be required to maintain their medical programs.

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