Rhode Island has received 45 applications for six new medical cannabis dispensary licenses, according to an AP News report.
If all applicants meet state requirements for a license, six will randomly be selected in a lottery to operate retail locations in different regions across the state, the news outlet reported.
Officials with the Rhode Island Department of Business Regulation have not yet set a date for the lottery, according to AP News.
RELATED: Rhode Island Opens Application for New Medical Cannabis Dispensary Licenses
To qualify for a license, applicants had to submit detailed financial information, proof of a physical retail site and a $10,000 application fee, the news outlet reported.
Those ultimately awarded a license will join the state’s three operational medical cannabis dispensaries, but will not be permitted to be vertically integrated and grow their own product, according to AP News.
