Utah officers on Friday granted eight medical marijuana cultivation licenses to companies which might be each from Utah and people from exterior the state studies the Related Press.
As famous by the AP, that’s two wanting the 10 growers allowed underneath state legislation, however regulators are “hoping to make sure a supply-and-demand steadiness.”
“The choice to solely award eight licenses had been made to keep away from an oversupply of product, whereas nonetheless sustaining a wholesome range of cultivators for functions of competitors of product high quality and affected person pricing,” Andrew Rigby, director of the state’s medical cannabis and industrial hemp packages, mentioned in a information launch.
“Half of (the winners) are owned by out-of-state considerations who’ve Utah ties,” Jack Wilbur, a public info specialist for the Utah Division of Agriculture and Meals, wrote in an e mail to Marijuana Enterprise Day by day. The winners included native greenhouse growers and medical marijuana cultivators with companies in different states, corresponding to Arizona-based multistate operator Harvest Well being & Recreation.
State regulators not too long ago dropped a residency requirement, saying they didn’t consider it might be legally upheld.
Wilbur added the state gained’t launch further details about the winners till licenses formally are issued later this month or subsequent.
He famous that the state nonetheless wants to complete background checks and overview grower operation plans.
A complete of 81 candidates competed for the doubtless profitable licenses.
The eight cultivators chosen for Utah’s MMJ program, which is predicted to launch someday subsequent yr, are:
- Dragonfly Greenhouse
- Harvest of Utah
- Oakbridge Greenhouses
- Commonplace Wellness Utah
- True North of Utah
- Tryke Firms Utah
- Healthful Ag
- Zion Cultivars
Christine Stenquist, director and founding father of advocacy group Collectively for Accountable Use and Hashish Schooling, or TRUCE, informed the Related Press she is worried that eight cannabis growers gained’t have the ability to fulfill the MMJ demand in Utah.
Utah voters legalized medical marijuana final yr via the passage of Proposition 2. The initiative legalized the possession and use of marijuana and marijuana merchandise for individuals who obtain a advice from a doctor and register with the state. The measure approved a licensed system of marijuana dispensaries, which shall be allowed to promote as much as two ounces of cannabis to a certified affected person.
After January 1, 2021, people with medical playing cards shall be allowed to develop as much as six marijuana crops for private use inside their houses if there aren’t any dispensaries inside 100 miles. The measure exempts the sale of medical marijuana from the gross sales tax.
The total textual content of Proposition 2 might be discovered by clicking right here.