Alabama Medical Marijuana Market

Alabama joins the legalization movement as Governor Ivey signed medical marijuana legislation on May 17, 2021.

The next steps in the state are for rules to be adopted “in time to allow business license applications to start by September 1, 2022”. More information will be released by the state, but these are the details we know now:

License opportunities:

Up to 5 vertically integrated licenses

Uo to 4 dispensary licenses

Up to 4 processing licenses

At least 4 cultivation licenses

The vertically integrated licenses could operate up to five dispensaries in different counties and dispensary license holders could have up to three locations.

The application window is expected to open on September 1, 2022.┬áStay tuned for more details as they become available. In the meantime, you can never start early business planning too soon. Our experts can help develop your business plan and financial model so that you’re well-positioned to move quickly when the application window opens.

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