Pennsylvania Medical Marijuana Market
Proven Track Record of Success in Pennsylvania
Canna Advisors has been actively involved in the Pennsylvania cannabis industry since the day the legislation was signed. We helped clients successfully win grower/processor and dispensary licenses in Phase 1. We know the process and what it takes to win.
Pennsylvania announced the implementation of Phase 2 of the medical marijuana program earlier in 2018, and the application submittal period has closed. The state announced an additional 13 cultivation licenses on July 31, 2018, bringing the total number of companies allowed to grow and process medical cannabis in Pennsylvania to 25. The Department of Health is expected to announce 23 new dispensary licenses in the near future.
Medical marijuana patients in Pennsylvania will have access to dry leaf marijuana at dispensaries on August 1, 2018, although only for vaporization, as state law forbids smoking marijuana. This exciting addition to the medical marijuana program continues the expansion of an already successful program.
The Opportunity in Pennsylvania
An additional 13 cultivation licenses, 23 dispensary licenses, and 8 clinical registrant licenses will be awarded.
Each dispensary permit allows for three locations, so a total of 150 commercial dispensaries could be operating in Pennsylvania.
Taking the time to put together a financial model and business plan now will help position you to raise capital, secure properties, win local approval, and recruit potential team members.
The Conditions in Pennsylvania
The market is poised for rapid growth, as nearly 900 physicians have already registered to participate in the program.
The added permits will bring Pennsylvania's medical marijuana program up to full capacity, with 25 commercial growers and 50 dispensaries.
In Pennsylvania, medical marijuana is grown and processed into pills, oils, lotions, and tinctures, and then shipped to dispensaries. Recently, Pennsylvania Health Secretary Dr. Rachel Levine announced that the state will now allow the sale of medical marijuana in flower form for vaporization (the law forbids smoking it). It is available to patients to treat 21 debilitating medical conditions.
Thus far, 25,000 patients have registered for the state's medical marijuana program and 9,000 have been certified by doctors to receive the medicine.
Canna Advisors Client Opens First Dispensary in Philadelphia
Canna Advisors had the pleasure of working with Restore Integrative Wellness Center in Philadelphia, Pennsylvania to obtain a medical marijuana business license. It is always inspiring to see our efforts of building the cannabis industry by bringing responsible, patient-focused businesses to market paying off.
Restore opened the first dispensary in Philadelphia's Fishtown neighborhood and plans to open another location in Elkins Park later in 2018.
Lean on our proven expertise and unparalleled track record to successfully secure your cannabis license.