Kentucky Cannabis Business Licenses
WHAT IS KENTUCKY'S CURRENT CANNABIS MARKET STATUS?
Content Below Last Updated by Point7 04/06/2022
In February of 2020, Kentucky House voted 65-30 on a medical cannabis bill, House Bill 136. Unfortunately, with the COVID-19 pandemic reaching the U.S. within the same year, the Senate adjourned early in April 2020 without voting on the bill. With a 90% rate of support from Kentuckians for the medical bill, a failed advancement of HB 136 was extremely disappointing. When the Senate reconvened for another session in 2021, the legislature unfortunately did not pass and the Senate continues to resist the consideration of the medical cannabis bill.
WHAT ARE KENTUCKY'S CANNABIS LAWS?
There have been many failed attempts to decriminalize and legalize cannabis in Kentucky. House Bill 136 - a bill to legalize and regulate medical marijuana - passed the House with a 65-30 vote, but died in the Senate without even a committee hearing or vote. The Bill has not yet been assigned to any Senate committee in the 2022 legislative session. It is currently a misdemeanor to possess less than 8 ounces of cannabis in Kentucky with a maximum fine of $250 and incarceration of up to 45-days.
WHAT IS KENTUCKY'S CANNABIS LICENSING TIMELINE & CANNABIS APPLICATION PROCESS?
Currently Kentucky has no cannabis licensing timeline or application process.
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 any provisions to legally produce or sell CBD. There have been many failed attempts to legalize medical cannabis since 2014, including House Bill 136 that passed in the House in 2020 but died without a Senate committee hearing or vote. Cannabis is currently illegal except for in the form of CBD oil.
DOES KENTUCKY HAVE A HEMP PROGRAM?
PREPARING FOR THE KENTUCKY CANNABIS MARKET
Although cannabis is still illegal in Kentucky, Point7 can support your team when legislation finally approves for medical use.. Contact Point7 to discuss the fully customizable products and service packages available that have proved successful for operators around the country.