Pennsylvania Medical Marijuana Market
Proven Track Record of Success in Pennsylvania
The cannabis consultants at Canna Advisors have been actively involved in the Pennsylvania cannabis industry since the day legislation was signed in 2016. We helped clients successfully win grower/processor and dispensary licenses in Phase 1. We know the process and what it takes to win.
Phase 2 of the Pennsylvania medical marijuana program was implemented in early 2018. 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.
Medical marijuana patients in Pennsylvania gained access to flower form of the plant in 2018, although only for vaporization, as state law forbids smoking marijuana. Two new conditions, anxiety and Tourette’s syndrome, were added to the qualifying condition list in 2019. These exciting additions to the medical marijuana program continue the expansion of an already successful program.
Contact our cannabis consultants about medical marijuana opportunities in Pennsylvania.
Cannabis Business Guidance in Pennsylvania
An additional 13 cultivation licenses, 23 dispensary licenses, and 8 clinical registrant licenses were awarded in Phase 2.
Each dispensary permit allows for three locations, so a total of 150 commercial dispensaries could soon be operating in Pennsylvania.
Market Conditions in Pennsylvania
The 5th most populated state is poised for rapid growth -- more than 900 physicians have registered to participate in the program and over 100,000 patients have registered for the state's medical marijuana program. Sales reached $132 million in the first year of the program (2018) and are expected to rise to $446 by 2024.
The additional licensing permits awarded Phase 2 brings 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. The Pennsylvania Health Secretary has announced that the state will allow the sale of medical marijuana in flower form for vaporization (the law forbids smoking it). Medical marijuana is available to qualifying patients to treat 23 debilitating medical conditions.
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.
A smarter, more strategic approach to Pennsylvania cannabis business licenses
Lean on our proven expertise and unparalleled track record to successfully secure your Pennsylvania cannabis license.