On Monday, the first-ever medical cannabis license lottery was held at the Kentucky Lottery Corp. in Louisville.
During the event, 26 applicants for medical cannabis cultivator and processor licenses were randomly selected.
“All medical cannabis that is cultivated, processed, tested, and dispensed will be done so right here in Kentucky,” Gov. Andy Beshear said. “Today’s lottery helps ensure those medical cannabis businesses can become operational so that Kentuckians with serious medical conditions can have safe, affordable access to the health care relief and choice they deserve at the soonest possible date.”
The available categories included 10 Tier I cultivator licenses, four Tier II cultivator licenses, two Tier III cultivator licenses and 10 processor licenses. Applicants within these categories were informed last week whether they were approved for the license lottery.
Those applicants selected in the license lottery will have 15 days to pay their license fee to Office of Medical Cannabis. Once that fee has been paid, the office will issue a license to that business.
“The lottery system is an approach that was adopted after reviewing best practices from other states that have an established medical cannabis market,” said Sam Flynn, Executive Director of the Office of Medical Cannabis. “Since day one, our primary goal was to make the application and selection process as fair and transparent as possible. The Kentucky Lottery Corp. has been doing this for a long time, and we appreciate their professionalism and support in helping us carry out this endeavor.”
The window to apply for a medical cannabis business license was July 1 through August 31. During that time, the Office of Medical Cannabis received 4,998 applications, of which 918 were cultivator and processor applicants.
“The Kentucky Lottery is honored to be asked to conduct the required drawings, and we thank the governor for allowing us to be a part of this impactful initiative,” Kentucky Lottery President and CEO Mary Harville said. “Over the 35 years of its existence, the Lottery has been known for conducting drawings for a plethora of its draw-based games, first with machines and balls, and now, with state-of-the-art random number generators. These drawings are conducted with the highest level of integrity and are in accordance with industry established procedures. We are happy to be able to bring this level of integrity to the cannabis drawings.”
A separate license lottery for dispensaries will be announced at a later date.
To qualify for a medical cannabis card starting January 1, 2025, the holder must have a qualifying medical condition, which includes any type or form of cancer regardless of stage; chronic, severe, intractable or debilitating pain; epilepsy or any other intractable seizure disorder; multiple sclerosis, muscle spasms or spasticity; chronic nausea or cyclical vomiting syndrome that has proven resistant to other conventional medical treatments; and post-traumatic stress disorder. For more information visit, kymedcan.ky.gov.
Click here for the list of cultivators and processors who were randomly selected in the license lottery for cultivators and processors.
By Ken Howlett, News Director
Contact Ken at ken@k105.com