Kentucky Cannabis Business Licenses
WHAT IS KENTUCKY'S CURRENT CANNABIS MARKET STATUS?
Kentucky’s cannabis landscape is changing this year. A bill was passed in the House in February to legalize medical cannabis, however the Senate vote has been stalled by COVID-19. Cannabis is currently illegal except for in the form of CBD oil.
WHAT ARE KENTUCKY'S CANNABIS LAWS?
There have been many failed attempts to decriminalize and legalize cannabis in Kentucky, however on February 20, 2020, House Bill 136 passed 65 to 30. It was the first time a medical cannabis bill has been taken up by the full House. The bill proposes restrictions on who can have medical marijuana and where it can be used, and prohibits smoking medical cannabis. It stalled in the Senate due to the COVID-19.
WHAT IS KENTUCKY'S CANNABIS LICENSING TIMELINE & CANNABIS APPLICATION PROCESS?
There is not a cannabis licensing timeline in Kentucky currently.
WHAT IS THE HISTORY OF CANNABIS IN KENTUCKY?
In April 2014, Governor Steve Beshear signed a law permitting patients to use CBD products with a physician's recommendation, under clinical trials at the University of Kentucky in the treatment of epilepsy, but the law did not include provisions to legally produce or sell CBD. There have been failed attempts to legalize medical cannabis since 2014, however in 2020 a bill was passed by the House to legalize medical cannabis and has been moved onto the Senate. The Senate is still waiting to vote on the bill since COVID-19 has delayed Senate meetings.
DOES KENTUCKY HAVE A HEMP PROGRAM?
ARE YOU PREPARING FOR THE KENTUCKY CANNABIS MARKET?
Though recreational and medical cannabis are not yet legal in Kentucky, it’s always advantageous to stay ahead of the curve! Point7 has the resources and knowledge needed to ensure an applicant is prepared and stands out to application reviewers. Email today to schedule a call with a dedicated Point7 team member.