Under Connecticut’s cannabis legalization law, most businesses applying for licenses will only be considered if they’re picked in a lottery drawing.
Under Connecticut’s cannabis legalization law, most businesses applying for licenses will only be considered if they’re picked in a lottery drawing.
Under the law, the Department of Consumer Protection must choose a neutral third-party to conduct the lottery.
After DCP specifies the maximum number of licenses it will approve, applicants for each of the nine types of licenses will be divided into two groups: equity applicants and general applicants.
Connecticut’s law says 50% of cannabis companies must qualify as social equity businesses — qualifications for which the Social Equity Council will finalize.
Businesses currently licensed to produce and/or sell cannabis to the medical market will not be subject to the lottery.
If these businesses want to expand to produce or sell to the adult-use market, they have to go through a separate license conversion process.
