Minnesota Sets Date for Cannabis Business License Lottery

May 7, 2025 - 03:32

Minnesota has officially announced that June 5 will be the date for a significant lottery aimed at determining licenses for various cannabis-related businesses. This lottery will include licenses for cultivators, manufacturers, and what are referred to as "mezzobusinesses," which are typically smaller-scale operations that play a crucial role in the cannabis supply chain.

In addition to these categories, the lottery will also be open on the same day for cannabis retailer licenses specifically designated for social equity applicants. This initiative is part of Minnesota's broader effort to ensure that individuals from historically marginalized communities have a fair opportunity to participate in the burgeoning cannabis industry.

The upcoming lottery is a pivotal moment for many aspiring entrepreneurs looking to enter the market, as it represents one of the first steps in establishing a regulated cannabis framework in the state. As the date approaches, interest and anticipation among potential applicants are expected to grow significantly.