Three Weeks Until the Kentucky Cannabis Application Deadline

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CannDev has secured 34 compliant retail locations for Kentucky’s upcoming cannabis lottery.

Real estate is required to apply, and we are working with future medical retail operators in this market who wish to apply.

Kentucky will award 48 medical dispensary licenses. That’s one license for every 93,750 residents.

As a new medical market, it will take time to mature, however early entrants in other similar markets have all benefited from planting their flag first.

Look at Ohio. Stores that have made it through the medical chapter are entering the adult-use market with an additional retail license granted to them.

And Michael Mayes from Quantum 9 has speculated that KY retail licenses could be worth $3-6 million.

There’s just over 3 weeks until the application deadline (Aug 31), so there’s still time to get in on the action.

We have locations in 9 of the 11 regions in areas like Louisville, Bowling Green, Lexington, Henderson (next to IN border), Oak Grove (next to TN border), and more.

To make your life easier, CannDev will also provide the location-specific documents required for the application. These include floor plans, site plans, security plans and the timeline.

To gain access to our compliant retail properties, click the button below.

Gain Access to our Kentucky Off-Market Deals Here

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The Value of a Medical Cannabis Retail License in Kentucky: What Buyers and Sellers Should Know

As the Kentucky medical cannabis program nears full implementation, the value of a retail cannabis license is still uncertain. Whether looking to buy or sell a license, one thing to remember is that pricing is still evolving and can be based on a variety of different factors, from the location of the license to the overall supply and demand within the state. There is no one-size-fits-all answer to what a medical cannabis retail license is worth.

Interested in receiving alerts for our off market retail deals?

Where we send you new deals in emerging cannabis retail markets soon to be open for applications.

As you know, new markets around the country are opening up at a rapid pace.

This creates enormous opportunity for those who can be the first to plant a flag in a new city and secure a ‘first mover advantage.’

We’re currently securing compliant retail real estate in many markets throughout the USA.