On March 28, 2024, the first batch of transitioning I-71 cannabis gifting stores was granted licenses to open as legal medical dispensaries. Washington, D.C., is witnessing a historic moment in its cannabis market. However, it took almost a decade for authorities to develop a regulatory framework for the burgeoning cannabis market. One of these rounds includes a social equity period designed to enable businesses to apply for conditional or standard licenses. Yet, not a single new cultivation center has opened, sparking concerns about the supply of cannabis products in an already strained medical market.
Washington, D.C., is witnessing a historic moment in its cannabis market. On March 28, 2024, the first batch of transitioning I-71 cannabis gifting stores was granted licenses to open as legal medical dispensaries. These three stores represent the pioneers among many unlicensed operators, entering the legal domain and setting a precedent for the industry’s future in the city.
The long-awaited shift began when Initiative 71, which legalized the possession of small amounts of marijuana for personal use, was approved in 2015. However, it took almost a decade for authorities to develop a regulatory framework...
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