Minnesota Cannabis Business Licenses
Minnesota Social Equity License Application Round Closes.
Start Preparing for the Next Round
On July 24, 2024, Minnesota opened their first round of cannabis license applications for social equity applicants. On August 12, the window closed, but that doesn’t mean there are no opportunities left. In fact, the best is yet to come!
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Now that the round for social equity applicants has closed, it’s time for all other applicants to have a shot at a license. Though social equity applicants will still be allowed to apply in this round (especially those who did not win a license in this first round), it will be open to those without social equity status with the potential for more licenses to be issued than in the previous round.
Let our Minnesota cannabis consultants who have helped clients win cannabis licenses across the country guide you through early planning for your cannabis business.
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How to Apply For An Adult-Use License in Minnesota
The next round of cannabis licensing in Minnesota should begin in early 2025, according to officials. While it will be another lottery process, we expect that similar materials will be required to qualify. These materials include:
- Business Plan
- Security Plan
- Disclosure of Ownership
- Labor Peace Agreement
- Description of Training and Education for Employees
- Standard Operating Procedures
What is the Adult-Use License Timeline in Minnesota?
Adult-Use Licenses
Though there is still no solid timeline for when non-social equity cannabis applicants may expect an application, officials of the state have said the licensing round is likely to open in early 2025.
Our team of cannabis and license application experts have worked in 39 states and can read between the lines to map out a clear plan of early action while others are stuck waiting.
What is Required to Apply for a Minnesota Cannabis License?
Minnesota Residency and Ownership Requirements
Minnesota residency is required for individual adult-use and social equity license applicants.
Business applicants must be incorporated in the state and business entity applicants must be at least 75% owned by Minnesota residents.
Remaining Minnesota Licenses Available
The number of licenses that remain after the recent social equity round are:
Cannabis Mezzobusiness: 75
Cannabis Cultivator: 37
Cannabis Manufacturer: 18
Cannabis Retailer: 112
Vertical Integration would be prohibited, with few exceptions.
Social Equity Cannabis License Pre Approval Requirements
While we're not exactly sure what will be required in the upcoming adult-use license applications, we will have an idea based off of the social equity requirements and recent draft regulations released by the Minnesota Office of Cannabis Management. In addition to the Business, Security, and Standard Operating Plans, there were details called for topics such as:
- Building Codes
- Federal and State Environmental Requirements
- Federal and State Workplace Safety Requirements and Policies
- Sales to Unlicensed Businesses
- Sales to Underage Individuals
- Wastewater Disposal
- Waste Disposal
- Electricity Use
- Water Use
- Other Utilities
- Extraction, Concentration, or Conversion Methods
- Volatile Chemicals and Catalyst
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