ERVA NEWS – Know more, Feel better
  • Business & Industry
    • Market Analysis & Trends
    • Investment opportunities
    • Company Profiles & Statistics
    • Mergers & Acquisitions
    • Marketing Strategies & Supply Chain Insights
  • Health & Wellness
    • Medical Research & CBD Benefits
    • Treatment Options & Dosage Guidelines
    • Mental Health Applications & Patient Testimonials
    • Wellness Routines, Athletic Recovery & Sleep Improvement
  • Science & Technology
    • Cannabinoid & Terpene Research
    • Cultivation Techniques & Genetic Studies
    • Extraction Methods & Bioavailability
    • Lab Testing & Cultivation Science
  • Legal & Policy
    • State, Federal & International Laws
    • Regulatory Changes & Compliance Guides
    • Licensing, Banking Regulations & Taxation
    • Social Equity, Local Ordinances & Import/Export Rules
  • Lifestyle & Culture
    • Consumption Guides & Product Reviews
    • Recipes & Storage Tips
    • Event Coverage & Travel Guides
    • Celebrity News, Community Stories, Art & Music
  • Shop

Subscribe to Updates

Get the latest creative news from FooBar about art, design and business.

What's Hot

Florida Billionaire Donates $20M to Candidates that Oppose Cannabis Legalization Effort

December 8, 2024

New York Officials Release Multi-Year Cannabis Industry Report

December 8, 2024

Vice Presidential Nominee Tim Walz Has A Rating from NORML for Cannabis Policy

December 7, 2024
Facebook Twitter
Facebook Twitter
ERVA NEWS – Know more, Feel better
Sunday, May 11
  • Business & Industry
    • Market Analysis & Trends
    • Investment opportunities
    • Company Profiles & Statistics
    • Mergers & Acquisitions
    • Marketing Strategies & Supply Chain Insights
  • Health & Wellness
    • Medical Research & CBD Benefits
    • Treatment Options & Dosage Guidelines
    • Mental Health Applications & Patient Testimonials
    • Wellness Routines, Athletic Recovery & Sleep Improvement
  • Science & Technology
    • Cannabinoid & Terpene Research
    • Cultivation Techniques & Genetic Studies
    • Extraction Methods & Bioavailability
    • Lab Testing & Cultivation Science
  • Legal & Policy
    • State, Federal & International Laws
    • Regulatory Changes & Compliance Guides
    • Licensing, Banking Regulations & Taxation
    • Social Equity, Local Ordinances & Import/Export Rules
  • Lifestyle & Culture
    • Consumption Guides & Product Reviews
    • Recipes & Storage Tips
    • Event Coverage & Travel Guides
    • Celebrity News, Community Stories, Art & Music
  • Shop
ERVA NEWS – Know more, Feel better
Home»Business & Industry»Two-Thirds of Minnesota Social Equity License Applications Denied
Business & Industry

Two-Thirds of Minnesota Social Equity License Applications Denied

November 28, 2024Updated:December 6, 2024No Comments2 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr WhatsApp VKontakte Email
Share
Facebook Twitter LinkedIn Pinterest Email

Two-thirds of Minnesota social equity cannabis license applicants were denied for inadequate documentation with the state Office of Cannabis Management (OCM) claiming that a lot of the rejected applicants are “zone flooders or predatory applicants or who do not meet the letter of the law around ownership requirements and expectations,” according to a MinnPost report. 

The denials affect about 1,200 of the 1,817 social equity applications. OCM had previously verified 2,307 individuals as social equity-qualified applicants, mostly military veterans and people with previous cannabis-related convictions. About 640 of the applicants will be included in the license lottery, which is scheduled for the week of December 2.   

Charlene Briner, the interim director of the Office of Cannabis Management, told MinnPost that the state “gave the answers to the test ahead of time” by detailing license requirements and issuing how-to guides.  

“While the disappointment is understandable, the basic proxy for readiness is your ability to submit a successful application. … We’ve always known this is a highly complex regulated space, and we heard concerns about readiness so the people who get into the lottery are qualified.” — Briner to MinnPost 

Briner added that officials “want to make sure the right universe of fully qualified and vetted applicants are in the mix,” and that applicants included in the lottery will be notified by the agency.  

Attorney Jen Randolph Reise, who represents some of the rejected applicants, told MinnPost that the denials are “a significant misstep by OCM” and that the agency should “allow denials made in error to be challenged and reversed” despite state law prohibiting appeals of decisions to deny access to the pre-approval lottery. 

The state did not receive enough qualified applications for cannabis wholesaler, cannabis transporter, and cannabis testing facility licenses to trigger a lottery and received the most applications for cultivation, manufacturer, and retail licenses.    

Get daily cannabis business news updates. Subscribe

Ganjapreneur is made possible by our partners:


Source link

Applications cannabis industry Cultivation Denied Equity Investments License marijuana business market growth Minnesota Regulations Social TwoThirds
Share. Facebook Twitter Pinterest LinkedIn Tumblr WhatsApp Email
Previous ArticleOhio Adult-Use Cannabis Sales Top $131M in Under Three Months
Next Article Cannabis vs Hemp CBD: What’s Best For You?

Related Posts

New York Officials Release Multi-Year Cannabis Industry Report

December 8, 2024

Delaware Receives 1,260 Adult-Use Cannabis Applications

December 7, 2024

Cannabis Tech Firm Formerly Valued at $700M Going Out of Business

December 7, 2024

Portland Dispensary Employee Turns Himself In After Deadly Shooting

December 7, 2024

Comments are closed.

Our Picks

Florida Billionaire Donates $20M to Candidates that Oppose Cannabis Legalization Effort

December 8, 2024

New York Officials Release Multi-Year Cannabis Industry Report

December 8, 2024

Vice Presidential Nominee Tim Walz Has A Rating from NORML for Cannabis Policy

December 7, 2024

Delaware Receives 1,260 Adult-Use Cannabis Applications

December 7, 2024
  • Facebook
  • Twitter
  • Pinterest
  • Instagram
  • YouTube
  • Vimeo
Don't Miss
Legal & Policy

Florida Billionaire Donates $20M to Candidates that Oppose Cannabis Legalization Effort

December 8, 20240

In an August 2 op-ed, Ken Griffin, the billionaire investor and CEO of Florida-based Citadel…

New York Officials Release Multi-Year Cannabis Industry Report

December 8, 2024

Vice Presidential Nominee Tim Walz Has A Rating from NORML for Cannabis Policy

December 7, 2024

Delaware Receives 1,260 Adult-Use Cannabis Applications

December 7, 2024
logo

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.

Social mendia

Facebook-f Twitter

Categories

  • Business & Industry
  • Health & Wellness
  • Science & Technology
  • Legal & Policy
  • Lifestyle & Culture
  • Business & Industry
  • Health & Wellness
  • Science & Technology
  • Legal & Policy
  • Lifestyle & Culture

Our Picks

Florida Billionaire Donates $20M to Candidates that Oppose Cannabis Legalization Effort

December 8, 2024

New York Officials Release Multi-Year Cannabis Industry Report

December 8, 2024

Vice Presidential Nominee Tim Walz Has A Rating from NORML for Cannabis Policy

December 7, 2024
© 2024 ervanews.com. All rights reserved.