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Home»Business & Industry»Trulieve Awarded Alabama’s Only “Minority-Owned” Medical Cannabis License
Business & Industry

Trulieve Awarded Alabama’s Only “Minority-Owned” Medical Cannabis License

December 14, 2023Updated:December 6, 2024No Comments2 Mins Read
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Trulieve Alabama License
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The Alabama Medical Hashish Fee (AMCC) has awarded built-in licenses to 5 firms to provoke the state’s medical marijuana trade, as reported by news outlet AL.com. Out of 33 candidates, Trulieve Alabama, Inc. was acknowledged as the one “minority-owned enterprise” to obtain a license.

This choice is a part of the implementation of the medical marijuana legislation handed in Alabama in 2021. The legislation mandated that at the least one of many 5 licenses be allotted to an organization that’s at the least 51% minority-owned, a requirement that the company decided was met by Trulieve Alabama.

This improvement highlights a problem that many entrepreneurs and activists within the hashish trade have identified: when bigger company entities accomplice with minority operators to safe licenses underneath state-level “social fairness” provisions. Trulieve–a publicly traded firm–was initially based in Florida and has since expanded into different states, with no scarcity of controversy alongside the way in which, together with the dying of worker Lorna McMurrey at one among their Massachusetts places in January 2022.

The opposite firms awarded licenses by the AMCC are Sustainable Alabama, LLC; Wagon Path Med-Serv LLC; Flowerwood Medical Hashish, LLC; and Specialty Medical Merchandise of Alabama, LLC. These built-in licensees will undertake the cultivation, processing, transportation, and allotting of medical hashish.

Whereas the licenses have been awarded, they’re scheduled to be issued on January 9, following the completion of needed procedures together with license charge assortment and website inspections by the AMCC.

The licensing course of has undergone a number of rounds resulting from earlier procedural points and litigation. This present awarding is the third try by the AMCC, which has made changes to its choice course of, together with conducting open conferences and revising analysis strategies.

Every licensee, together with Trulieve Alabama, shall be topic to an on-site inspection to make sure facility compliance with state requirements. The AMCC has set a provisional timeline, aiming for the supply of medical hashish merchandise by spring 2024.

The fee’s awarding of licenses additionally allows physicians to start the method of certifying sufferers for medical hashish use. Sufferers eligible for medical hashish should meet particular qualifying circumstances as outlined within the laws. The merchandise permitted underneath the legislation embody varied varieties equivalent to gummies, tablets, capsules, tinctures, patches, oils, and others.

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Alabamas Awarded cannabis cannabis industry Cultivation Investments License marijuana business market growth medical MinorityOwned Regulations Trulieve
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