Two medical cannabis dispensaries are expected to open next week, bringing the total to five statewide, Alabama officials announced Thursday. It has operating locations in Montgomery and Talladega.
Aday said the other dispensary is expected to open in Birmingham next week, the second location of Bama Bloom. It has an operating location in Athens and a third planned in Etowah County.
“Altogether we have those two dispensary licensees that are operating. We have five cultivators who are operating, two processors are operating, two secure transporters and then of course the one state testing lab that we have,” Aday said.
Aday projected the three open dispensaries would generate $130,000 to $140,000 in revenue in October. “The past two months, we’ve had a little over $120,000 monthly revenue, which is pretty good for a new market,” Sam Blakemore, chair of the commission, said.
The commission has awarded dispensary licenses to three companies, who can have three locations each. One license has yet to be awarded due to litigation, but there will be twelve dispensaries across the state under that license once all are awarded and operational.
The third dispensary licensee, RJK Holdings, has locations planned in Oxford, Mobile and Daphne.
Bama Bloom, the second dispensary licensee, currently operates one location in Athens. Its Birmingham location is expected to open next week, and a third location is planned in Etowah County.
Alongside the dispensary licensees, the state’s medical cannabis program includes five operating cultivators, two operating processors, two secure transporters and one state testing lab, according to Aday.
Warmington Backs Legalization In Debate Cinde Warmington, the Democratic challenger in New Hampshire's governor race, said during a debate last…
Alcohol Lobbyists Encouraged Law Enforcement Officials To Push For Federal Hemp Crackdown, Report Says Politico reported Thursday that it obtained…
Federal Registrations Approved for Medical-Only States The Department of Justice announced on Friday that it has given federal registration and…
DEA Issues First Federal Dispensary Registrations The Trump administration has issued federal registrations to hundreds of medical marijuana dispensaries in…
New Bill Filed in the House Rep. Val Hoyle (D-OR) filed the Protecting American Hemp Farmers Act on Thursday. The…
Nevada Considers First Cannabis Tax Overhaul Since 2017 Nevada lawmakers are weighing the state's first cannabis industry tax reforms since…
