Rhode Island Lottery for New Medical Marijuana Stores in Limbo

Under the proposal, Rhode Island's existing medical marijuana companies might get a head start.

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This story originally appeared on MJBizDaily

Rhode Island marijuana authorities are without a company to run a lottery to award six new medical marijuana dispensary licenses. The state put out a call in February for bids to develop the process but received no takers.

RELATED: How Much Are States Making In Marijuana Tax Revenue?

Brian Hodge, a spokesman for the Department of Business Regulation, told the Providence Journal the state is “exploring alternative options” and still expects to conduct a lottery “later this spring.”

The lottery was originally scheduled for around May 14 if the state received an acceptable bid from a company to oversee the process. Rhode Island currently has three medical cannabis dispensaries in operation.

RELATED: Will COVID-19 Spark The Rise Of Marijuana Home Grows?

The plan developed under former Gov. Gina Raimondo is to expand the number of dispensaries to nine; last year, 45 applications were submitted for the six licenses up for grabs in the lottery. Meanwhile, new Gov. Dan McKee, who is keen on legalizing adult-use cannabis, proposed a program in which 25 retail licenses would be issued for a market that would launch in April 2022.

Under the proposal, Rhode Island’s existing MMJ companies might get a head start.

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